"The more you procrastinate, the more you're hesitant, the bigger the opportunity cost of not essentially moving the needle,” said Murtuza Vohra, managing director of legal consulting firm Morae Global.
June 21, 2024 at 01:44 PM
5 minute read
By now, every in-house lawyer has heard the persistent buzz around generative AI’s potential to deliver unprecedented efficiency for overworked legal teams bogged down in mundane and repetitive work. Along with saving time and money, AI also promises to give companies a sustainable competitive edge. But how exactly can it do that?
Samir Raiyani, co-founder and CEO of IP market research firm Dolcera, said clients are quickly figuring it out, finding real uses and realizing actual returns.
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Legal departments seeking to reap benefits from generative AI should start by assessing what data they have and then identify pain points and how the technology might help. Credit: Cassandre Coyer/ALM
