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Managing the AI future

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How will law firms adapt to & exploit advances in AI? Jan Van Hoecke examines the evidence
  • Several AI trends are taking shape, ranging from the evolution of the technology itself to the best way to engage with it.
  • Instead of in-house experimentation, law firms will turn to established AI vendors with a knowledge of their daily workflows.
  • A thoughtful approach on the part of law firms will replace the hasty attitude towards AI adoption of the past year.

The dust is finally starting to settle on the AI explosion that ChatGPT ushered in roughly a year ago, raising the question: what does the coming year have in store?

If they hope to better navigate this rapidly evolving area with confidence and ultimately deliver better business outcomes, legal professionals will want to stay abreast of the trends that are already taking shape and impacting the AI landscape.

It’s impossible to ignore the fact that the barrier to entry has never been lower than it is right now for lawyers to get

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MOVERS & SHAKERS

Hugh James—Phil Edwards

Hugh James—Phil Edwards

Serious injury teambolstered by high-profile partner hire

Freeths—Melanie Stancliffe

Freeths—Melanie Stancliffe

Firm strengthens employment team with partner hire

DAC Beachcroft—Tim Barr

DAC Beachcroft—Tim Barr

Lawyers’ liability practice strengthened with partner appointment in London

NEWS
Commercial leasehold, the defence of insanity and ‘consent’ in the criminal law are among the next tranche of projects for the Law Commission
Tech companies will be legally required to prevent material that encourages or assists serious self-harm appearing on their platforms, under Online Safety Act 2023 regulations due to come into force in the autumn
The Bar has a culture of ‘impunity’ and ‘collusive bystanding’ in which making a complaint is deemed career-ending due to a ‘cohort of untouchables’ at the top, Baroness Harriet Harman KC has found
Lawyers have broadly welcomed plans to electronically tag up to 22,000 more offenders, scrap most prison terms below a year and make prisoners ‘earn’ early release
The ex-wife of a Russian billionaire has won her bid to bring her financial relief claim in London, in a unanimous Court of Appeal decision
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