Credit: duyina1990/AdobeAI's Place in Big Law Broadens, As Firms Embrace Fresh Uses of the Technology
"Practitioners, they have to adapt to this field," said Or Cohen-Sasson, the director of the AI Lab at the University of Miami School of Law. "They will need to understand the very basic mechanisms of how to work with this and what the capabilities are, like the benefits of this technology and the challenges and how to use it."
January 15, 2025 at 04:22 PM
7 minute read
What You Need to Know
- Large law firms are excited about the prospects for artificial intelligence moving into 2025, expressing an interest in widening use cases in Big Law.
- Firms are using AI for everything from summarization, transcription and document review to contract analysis, brief writing and even associate training.
- While some in the legal field have fully embraced AI, others remain leery about using the assistive technologies for certain processes.
As Big Law transitions into 2025, legal experts are keeping an eye on the continued roll-out of new artificial intelligence programs in law firm business, and many firms are starting to realize the fruits of their labor when it comes to incorporating AI into their operations.
Certain use cases for AI in the legal field are gaining more traction than others, and those firms who appear to be experiencing success with these assistive platforms are singing the praises of how technological advancements are gradually helping to improve business. The most promising applications range from from legal research and deposition summaries to e-discovery, contract review, and even innovative associate training programs.
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Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
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