Extract from Justin Smith’s article “Lawyers Are Adopting Generative AI Faster than Other Technologies”
Since the release of ChatGPT-3.5 just under two years ago marked most people’s first introduction to generative AI, it continues to be the technology everyone is talking about. And while its applications have evolved to influence practically every industry, its use cases for the legal profession are particularly noteworthy.
The 2024 Ediscovery Innovation Report, created by Everlaw in conjunction with the Association of Certified E-Discovery Specialists and published today. Based on a survey of 267 legal professionals, the report paints a picture of a profession ready to embrace generative AI like no other technology before. Whether it’s increased automation, greater efficiency, or the ability to deliver better client value, they’re recognizing the value generative AI holds and don’t want to let the momentum pass them by.
As the industry looks ahead, it’s clear that generative AI will only become more important. Its promise to save clients money while delivering improved services is an enticing opportunity that organizations want to take advantage of.
