In the past decade, before the emergence of large language models, other tools exploiting machine learning and artificial intelligence surfaced to spur law firm digitisation
Headlines about ChatGPT and its availability pushed the digital transformation agenda at several law firms.
AI is most beneficial to law firms when their documents and know-how, (which are deep banks of linguistic data) are structured into a format that the algorithm can easily work on one secure platform and is searchable across the firm.
The task facing law firms is to teach generative AI platforms with data they have controlled and checked for provenance, to reduce “hallucinations” produced by many generally available AI chatbots. And, before lawyers delve too deeply into elaborate modifications for large language models, they should reckon with the sheer novelty of what is already available.
Source: FT.com
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