Corporate legal departments see use cases for generative AI & ChatGPT
Thomson Reuters • May 22, 2023
A new report reveals that corporate legal department lawyers view generative AI’s potential similarly to their law firm peers, although adoption remains in early phases
Generative artificial intelligence (AI) tools such as ChatGPT have a future with corporate attorneys, who believe that such tools can and should be leveraged for legal work — although adoption still isn’t widespread and may be dependent on how legal departments are able to address the tools’ perceived risks.
A recent survey has found that those in corporate law departments are largely optimistic about the potential for generative AI and programs such as ChatGPT in performing both legal and non-legal work.
Legal AI Pathfinders Chicago
As part of the program at the Legal AI Pathfinder's Assembly: New York chair, Damien Riehl posed a series of questions to attendees, focusing on their current perspectives and future outlooks regarding AI.
Whose time is it to shine? Given the potential for generative AI to automate a significant portion of routine legal tasks, let’s pose the question – how might AI fundamentally redefine the conventional law firm structure, billing model, and value proposition?
2023 has been a landmark year for the team at Inside Practice.
If you missed Inflection Point: The Legal #AI Revolution Part 2 - we have just made the keynote session available - "What Does it Mean to be a Lawyer in an AI-Enabled World? "
The Legal AI Pathfinder’s Assembly – New York took place last week at the offices of Simpson Thacher on December 7th.
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