I'm getting a "Do as I say, not as I do" vibe from this post. In the Thomson Reuters Institute survey of corporate law departments and law firms, over 80% agreed "that generative AI could be effectively applied in legal work, with more than half of the respondents advocating for its use." Furthermore the survey data says "44% of law departments supported the utilization of generative AI by their external firms, while 23% were against it, and 33% remained undecided." Here is where it gets interesting. "Nevertheless, the prevailing sentiment among corporate respondents who opposed the use of generative AI by law firms was centered on the concept of value. They questioned the need to pay external firms for a technology that in-house lawyers could easily employ." So I get it if your outside counsel does the same type of work you do internally. But if you're hiring an expertise you don't have, you don't have the ability to check the AI driven work youself. Read more at JD Journal: Why Corporate Attorneys Are Opting to Use ChatGPT In-House Instead of Paying Law Firm
Published July 7, 2023.
