header-logo header-logo

Generative AI: ready to take the plunge?

132280
Firms wondering whether to dip their toes into the world of generative AI will first need to prepare themselves: Alex Smith sets out key considerations to bear in mind before leaping in
  • Generative AI preparedness for law firms should always start with an assessment of the firm’s information architecture.
  • Firms should give their lawyers the chance to experiment in order to uncover specific use cases.

Promise or peril? That is the question swirling around generative artificial intelligence (AI)—particularly among law firms, who are wondering whether they should dip their toes into these waters or not.

On the one hand, generative AI holds out the promise of unlocking exciting new ways of tackling legal workflows. However, there are very real security and risk issues that need to be mitigated upfront before law firms can confidently take the plunge with generative AI, as well as significant groundwork that needs to be laid to effectively use it.

Given the high stakes, how can firms

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Womble Bond Dickinson—Paula Myers

Womble Bond Dickinson—Paula Myers

Womble Bond Dickinson appoints Paula Myers to private capital team in Leeds

mfg Solicitors—five promotions

mfg Solicitors—five promotions

Law firm mfg Solicitors announces five promotions at Birmingham office

Brabners—six promotions

Brabners—six promotions

Brabners adds six to partnership in record year for partner promotions

NEWS
Calls to raise the age of criminal responsibility from 10 to 14 have been renewed, with the Bar Council arguing the current threshold criminalises children too early and risks pushing them towards lifelong offending
The legal profession's AI challenge extends far beyond fabricated case citations, according to a warning about the next phase of technological risk
Law firms should use the transition period before the Financial Conduct Authority (FCA) assumes anti-money laundering (AML) supervision to strengthen governance and compliance, experts have warned
Cross-border disputes increasingly demand creative approaches to gathering evidence, with litigators needing to look beyond traditional letters of request
A Court of Appeal ruling has clarified the distinction between contracts of 'indefinite' and 'perpetual' duration, with potentially significant implications for commercial drafting
back-to-top-scroll