With AI, What Changes Can Midsize Firms Expect?
Leaders at midsize firms Hinckley Allen and Taft Stettinius & Hollister are expecting a big shift in how law firms function once AI tools are introduced to their law firms. For now, both firms are testing tools and evaluating what those changes will look like.
February 07, 2025 at 02:12 PM
5 minute read
What You Need to Know
- Now that some of the larger firms have tested AI legal products, midsize firms are beginning to test tools themselves.
- Some of the biggest factors they're considering are how AI will shift hiring, billing and training.
- Plenty of uncertainty remains around the new technology, but law firms are bracing for impact.
Some law firm leaders are indicating that 2025 could be a big year for artificial intelligence within the legal sector, and midsize firms are preparing for several potential changes in the near future.
Three of the largest expected shifts will impact how law firms bill clients, how many lawyers they intake and how they shape mentoring. Leaders at Hinckley Allen and Taft Stettinius & Hollister predict that AI will serve to assist lawyers rather than outright replace them, but they’re preparing for big changes nonetheless.
Firms that are willing to discuss their approach to AI are commonly in the testing phases of trying different products on the market. Both Hinckley Allen and Taft are also in that same phase.
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