Artificial Intelligence Credit: putilov_denis/stock.adobe.com

Whenever a shiny new technology starts making waves, the smartest approach is often to briefly pause, take a step back and say: "Yes, this is all very exciting, but practically speaking, what can this actually do for my organization?"

This is the stage that many legal professionals have reached with generative AI. The technology has certainly garnered significant buzz and plenty of headlines in recent months thanks to tools like ChatGPT, where end users enter a series of prompts, and the tool "magically" produces answers and generates content in response to those prompts.