Extract from Sarena Regazzoni’s article “Legal Industry AI Perception Quick Poll”
Since the emergence of Chat GPT, the legal industry’s response to artificial intelligence (AI) language models has been mixed, ranging from excitement about the potential efficiency gains to concerns about accuracy, privacy and security, and ethical implications.
These were some discussion topics during a webinar presented by Hanzo and ACEDS. Renowned panelists, comprising of data scientists, legal technology, and ediscovery experts, delved deep into the genesis of AI machine learning(ML) and large language models (LLMs). The panelists examined the potential risks and concerns associated with these cutting-edge tools while shedding light on legal teams’ ethical and safe utilization of AI-powered solutions.
This blog post will discuss the insights we gathered from the legal industry through polls conducted during our webinar. Below is a summary of our findings and an infographic displaying the poll results.
Legal Perceptions Of Risk Using AI
Privacy and data protection earned the top spot, with 43.5% of poll respondents indicating it as the biggest risk. These concerns stem from legal information’s sensitive and confidential nature and the potential risks associated with AI technologies. One of the primary concerns revolves around the issue of data security, as AI systems rely on extensive access to data to operate efficiently. Another concern is the potential for data breaches resulting from cyberattacks. Such breaches could lead to unauthorized access to confidential legal documents and sensitive client information, resulting in legal liabilities and damage to reputation.
