[ad_1]
Ed. notice: Welcome to our each day characteristic, Quote of the Day.
I do know plenty of companies got here out and mentioned we don’t use ChatGPT. It’s like banning a smartphone. As an alternative of ignoring it and pretending it doesn’t exist, we’ve pointers for the way to use rigorously.
What legal professionals are discovering is it might probably automate commodity low-rate work as a result of there wasn’t a finances to do this form of work. We’re spending the identical period of time on the matter however we are able to automate some work. We will dig deeper into points. After which the lawyer is ready to spend extra time on the higher-value work for the shopper. We’re seeing it extra as a high quality play for us. Legal professionals can present extra worth for a similar period of time.
— David Cunningham, chief innovation officer at Reed Smith, in feedback given to the American Lawyer in regards to the agency’s use of generative synthetic intelligence. Am Legislation reached out to members of the Am Legislation 100 to look at how these companies had been utilizing generative AI. Of the 41 companies that supplied responses, the most typical makes use of of generative AI are for summarizing paperwork/producing transcripts (15), authorized analysis (11), drafting advertising and marketing supplies/lawyer bios (8), drafting authorized materials (7), and e-discovery (5).
Staci Zaretsky is a senior editor at Above the Legislation, the place she’s labored since 2011. She’d love to listen to from you, so please be happy to e mail her with any suggestions, questions, feedback, or critiques. You’ll be able to comply with her on Twitter and Threads or join together with her on LinkedIn.
[ad_2]
Source link
