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Gen AI: disrupting the legal profession

06 September 2024 / Dr Charanjit Singh
Issue: 8084 / Categories: Features , Profession , Technology , Artificial intelligence
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Gen AI could provide game-changing solutions & enhanced security for law firms. Dr Charanjit Singh explores the potential
  • Examines advents in disruptive generative AI that could provide solutions in legal practice.
  • Explores ethical issues and matters pertaining to discrimination and bias, safeguarding, and mitigation.
  • Notes the current position in relation to investment in disruptive generative AI.

The word ‘disruption’, in a technological sense, has become synonymous with the term ‘innovation’, and much of the technologically led disruptive innovation can be seen in the FinTech space. Advents in artificial intelligence (AI), machine learning (ML) and deep learning (DL) have been a tour de force in changing the way people consume services and products but also in how organisations do business and regulators regulate. There have been advances in the way that AI now performs complex, technical, and tedious or time-consuming tasks. Once again, the finance industry is leading the charge; it has been quietly developing the power of generative artificial intelligence (gen AI) as an operational tool.

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MOVERS & SHAKERS

Mourant—Stephen Alexander

Mourant—Stephen Alexander

Jersey litigation lead appointed to global STEP Council

mfg Solicitors—nine trainees

mfg Solicitors—nine trainees

Firm invests in future talent with new training cohort

360 Law Group—Anthony Gahan

360 Law Group—Anthony Gahan

Investment banking veteran appointed as chairman to drive global growth

NEWS
Artificial intelligence may be revolutionising the law, but its misuse could wreck cases and careers, warns Clare Arthurs of Penningtons Manches Cooper in this week's NLJ
Bea Rossetto of the National Pro Bono Centre makes the case for ‘General Practice Pro Bono’—using core legal skills to deliver life-changing support, without the need for niche expertise—in this week's NLJ
Small law firms want to embrace technology but feel lost in a maze of jargon, costs and compliance fears, writes Aisling O’Connell of the Solicitors Regulation Authority in this week's NLJ
Charles Pigott of Mills & Reeve reports on Haynes v Thomson, the first judicial application of the Supreme Court’s For Women Scotland ruling in a discrimination claim, in this week's NLJ
The Supreme Court issued a landmark judgment in July that overturned the convictions of Tom Hayes and Carlo Palombo, once poster boys of the Libor and Euribor scandal. In NLJ this week, Neil Swift of Peters & Peters considers what the ruling means for financial law enforcement
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