In a recent report documenting the advances in Artificial Intelligence, Goldman Sachs estimated that up to 44% of legal tasks could be completed using AI. Whether you agree with this assessment or not, it’s clear the legal profession is ripe for disruption with the advent of advanced language models and AI.
Contrary to popular belief, you do not have to be an AI expert or machine learning engineer to build and harness the power of AI. There are many ways to build with LLMs, including training models from scratch, fine-tuning open-source models, or using hosted APIs.
Those who embrace AI and easily-accessible Large Language Models will have a competitive advantage in the marketplace, and be better positioned to drive positive change in the legal profession.
Source: Lawpath
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