Extract from Petro Pasternak’s article “In-House Legal Pros: Gen AI Will Improve Work and Career”
Generative AI is changing knowledge work – and in-house legal professionals say they see the glass as half full.
Far from fearing obsolescence, many legal professionals are embracing the transformative potential of AI to do away with the more tiresome and mundane aspects of in-house work.
A new report from Everlaw and the Association of Corporate Counsel, GenAI and Future Corporate Legal Work: How Ready Are In-House Teams?, found that most corporate law professionals are optimistic that generative AI will improve their jobs and their careers.
As AI grows in sophistication, legal professionals see a future in which they have more time to devote to complex legal issues, provide nuanced strategic advice to business leaders, and contribute more directly to their organization’s strategic goals.
“The arrival of GenAI technologies presents a unique opportunity for legal professionals to position themselves as strategic drivers of innovation and business growth within their organizations,” Everlaw CLO Gloria Lee says in the report.