Is AI magical or mundane? At least in the legal ecosystem, it seems to be both. According to a recent report from Thomson Reuters, “Stepping into the future: How generative AI will help lawyers improve legal service delivery,” lawyers are using AI-based tools every day to help them do legal research, analyze and draft contracts, conduct e-discovery, and automate routine tasks. And that’s just the tip of the spear as the next iteration of AI takes hold. “The new generation is sometimes called generative AI, and its power is based on the scale enabled by large language models of LLMs,” TR writes. “These new tools, when combined with legal data and legal domain expertise, will likely change and enhance the work of lawyers for years to come.”
Published October 26, 2023.