Ten Ways Generative AI Will Transform the Legal Industry

neub9
By neub9
1 Min Read

Caroline Sweeney, Director, Knowledge Management and Innovation at Dorsey & Whitney, discusses the potential impact of generative AI on the legal industry. She believes that while AI will not replace lawyers, it will certainly change the way they work, how they are trained, and possibly how they bill for their services.

Sweeney highlights several possible legal applications for generative AI, including task efficiency, document drafting, legal research, data mining and analysis, new workflows, e-discovery document review, investigations, data privacy and breach response, fact discovery, and re-imagining legal service delivery.

She also discusses the potential for new opportunities in the legal industry, such as advising clients on the implementation and use of generative AI, developing expertise in this area, and the possibility of transitioning to more value-based billing.

Sweeney acknowledges that generative AI will necessitate a shift in lawyer training, as it will require lawyers to learn new ways to prepare content, conduct legal research, and work. She concludes by emphasizing the exciting and disruptive potential of generative AI in the legal industry.

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