Credit: Montri/Adobe Stock Gen AI Could Disrupt Legal Tech Procurement Cycles—and Squeeze the Market
Legal technology vendors operating outside of the generative AI bubble could find themselves having a harder time breaking through firms' lengthy procurement processes—especially as many firms are laser focusing on the new technology.
June 13, 2023 at 06:01 PM
4 minute read
Last fall, when law firms sat down to draft their budgets for the upcoming year, it's fair to say that few anticipated the impact that OpenAI's ChatGPT and generative AI advancements would bring to the legal industry.
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