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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

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MOVERS & SHAKERS

NLJ Career Profile: Stephen Ward, The Barrister Group

NLJ Career Profile: Stephen Ward, The Barrister Group

From mowing lawns to life at the Bar: Stephen Ward reflects on an unconventional career

Clarke Willmott—Ben Loosemore

Clarke Willmott—Ben Loosemore

Commercial property partner joins Clarke Willmott in Southampton

Ellisons—Robert Tiffen

Ellisons—Robert Tiffen

Robert Tiffen joins Ellisons as Partner in growing Norwich office

NEWS
The Law Society RFC Festival of Sport returns next month, bringing together legal and financial services professionals for one of the sector’s largest annual sporting events
Legal aid deserts leave almost one in four without adequate access to justice
The Solicitors Regulation Authority (SRA) has warned solicitors and law firms that using artificial intelligence does not alter their professional obligations, amid concerns over inaccurate legal material and client confidentiality
From forgotten interest claims to case-management appeals, a string of procedural developments offers useful—and occasionally cautionary—lessons for practitioners

Jonathan Fisher KC highlights that it now accounts for around 40% of criminal offences, with roughly 70% involving technology, and argues that the UK cannot simply prosecute its way out of the problem. Detection, investigation and prosecution all require improvement, while different fraud types demand tailored responses.

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