Extract from Opus 2’s article “Generative AI for litigation teams: Navigating the future”
For the last few years, Generative AI (GenAI) has been the most talked-about topic in the legal industry. Now, as law firms begin to progress from talk to implementation, GenAI is poised to transform the litigation lifecycle. Indeed, during a recent Lexology Masterclass webinar discussing AI for litigation teams, 94 percent of participants agreed that generative AI is here to stay. And 84 percent said that AI is likely a competitive advantage.
While GenAI for litigation can deliver tremendous value, successful deployment requires teams to identify the best approach for integration, select priority use cases, ensure data security, and address common user concerns.
In this article, we’ll explore insights from the AI for litigation teams webinar. We’ll offer an overview of the current state of AI for litigation including the most promising use cases for AI in the litigation lifecycle. And we’ll discuss how to navigate common AI concerns to encourage adoption while reducing risk.