Generative AI – the essentials

The emergence of generative artificial intelligence (AI) tools has opened up new possibilities to increase technology adoption in the legal sector.

However, the use of generative AI can create technology and data risks, some of which may not be fully understood, particularly as the technology is developing.

While it is uncertain how generative AI may impact the legal profession in the long term, many solicitors and law firms are using and investing in tools as part of their practice, with the aims of improving service provision, reducing costs and meeting new client demands.

This introduction to generative AI is designed to be a primer for solicitors and firms, particularly small and medium-sized firms (SMEs), who want to understand more about the technology.

Aspects of this guidance will also be relevant for solicitors working in-house.

It provides a broad overview of both the opportunities and risks the legal profession should be aware of to make more informed decisions when deciding whether and how generative AI technologies might be used.

Source: The Law Society



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