The legal tech industry is experiencing a before-and-after moment when it comes to the adoption of generative AI technology. Every day brings a slew of new announcements as companies scramble to integrate this transformative technology into their product offerings. Given the speed at which AI technology is evolving, some AI-driven products currently on the market may soon be seen as outdated or legacy systems.

Generative AI tools are groundbreaking due to their versatile capabilities, allowing them to transcend traditional product category boundaries within the legal tech landscape. Because of this, we will likely see a decline in siloed tools as organizations take advantage of the efficiencies and increased capabilities offered by more general, multipurpose tools. This trend is driving the rise of AI legal assistants, which are likely to become indispensable legal resources.