Since the release of ChatGPT in late 2022, the world has woken up to the potential benefits of Generative AI (GenAI). Legal leaders are often looking for use cases of AI in legal industry to boost their legal department productivity. This note focuses on LLMs, a subset of GenAI that ...
Tonkon Torp litigator Michael Willes was a featured panelist at the recent Everlaw Summit held in San Francisco, California. Willes and his co-panelists discussed the future of legal practice in the age of AI and reviewed new industry research on the exp
The primary aim of artificial intelligence (AI), particularly in the legal industry, is to streamline operations that traditionally require extensive human intervention.Generative AI (GAI), like the popular ChatGPT tool, emulates human cognitive functions like learning, problem-solving, and decision-ma...
Both that hope and fear may be well-founded, as both thescopeandpaceof change may be greater than some in the legal industry anticipate. While some law firms are approaching Gen AI as an optional, nice-to-have technology, our research has found that change is likely to take place imminent...
Pfeifer notes, however, that “there is a genuine risk in using tools that are not tuned and tailored for the legal market use cases.” Law firms appear to be confident the trust gap will close in time and are anticipating steadily rising adoption of Legal AI...
Learn how industry leaders around the world are using AI and high-performance computing to optimize processes, reduce risk, and trim costs. Indonesia Tech Leaders Team With NVIDIA and Partners to Launch Nation’s AI Indonesia Minister, Indosat Ooredoo Hutchison, GoTo, Lintasarta, Accenture, and ot...
Generative AI is augmenting the capabilities of the legal team, in contrast to becoming legal team automation “The universe of law is expanding at an ever-increasing rate,” he said. “Regulation is not going to decrease - what industry isn’t regulated? With that comes increased compliance ...
Generative AI and the future of the legal profession report Generative AI has the potential to completely transform the legal profession. Firms without it will struggle to provide the same level of data-driven insight and depth of analysis that cl...
can’t learnother tasks. By contrast, theterm artificial general intelligence refers to software that’s capable oflearning any task or subject. AGI doesn’t exist yet—there is a robustdebate going on in the computing industry about how to create it, and whetherit can even be created at ...
those savings on to clients if research that previously took 20 hours now takes two to complete. In addition, lawyers can spend the time saved doing tedious research on assisting more clients. Whilethe legal industry does not fully realize these benefitsfrom using AI yet, the potential is ...