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(Aug 14) The Rising Role of AI in Law Firms Episode 39

(Aug 14) The Rising Role of AI in Law Firms

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Welcome to Law Tech Daily - the podcast that answers "what happened in legal tech this week?". Join us each Monday, Wednesday, and Friday as we dive into the exciting world of legal tech news. Don't forget to hit that subscribe button to stay up-to-date on the latest episodes! In today's episode, we'll cover law firms embracing AI to streamline operations and improve communication, Dentons launching its ChatGPT variant as a supplement to lawyers, and the debate on if law schools are adequately preparing students for a technology-driven world.

Let's dive in!

Here's what happened in legal tech recently...

Global law firm Dentons launched its variant of ChatGPT - a story we will dig into later. Similarly, Gunderson Dettmer, a Silicon Valley law firm, has developed ChatGD, an AI-powered chat application that enhances communication between clients and lawyers. Additionally, Filevine, a software provider, has joined the AI arena by launching ImmigrationAI, a tool designed to streamline immigration operations for law firms.

In regulatory news, the California Attorney General and the state's privacy agency are appealing a court's decision to postpone the enforcement of certain aspects of the California Consumer Privacy Act until March 2023.

There is a noticeable trend where law firms and legal tech solution providers embrace AI to streamline their operations. AI tools have become pivotal in the legal profession, but their purpose is not to replace legal professionals. Rather, they enhance their abilities and increase productivity. However, over-reliance on AI can raise concerns regarding privacy and ethics, as demonstrated by the appeal against the delay in privacy act enforcement. Compliance remains a primary consideration for law firms as they navigate the new digital landscape. Moving forward, firms will likely explore ways to leverage AI while safeguarding data privacy and security. Moreover, the advancement of legal technology necessitates the establishment of new legislation and regulatory frameworks to guide its application and mitigate potential risks. While providers continue to innovate, the successful integration of AI into the legal industry depends not only on the technology itself but also on its acceptance and prudent use by legal practitioners.

Moving to our first key story...

Dentons, a prominent global law firm, has recently introduced its ChatGPT variant, built upon OpenAI's GPT-4 Large Language Model. This proprietary system has proven to be effective in enabling legal research, content generation, and identification of pertinent legal arguments. Additionally, Dentons has developed an additional bot that possesses the ability to analyze and extract crucial information from uploaded legal documents. Joe Cohen, Dentons' UKIME head of innovation, assures the security of the data, emphasizing that externally accessing the data stored in Microsoft Azure is not possible, and after a span of 30 days, the information is erased. While the organization is optimistic about the capabilities of this technology, it remains steadfast in asserting that it can serve as a supplement, rather than a replacement, to the invaluable role of lawyers. Dentons may potentially offer this tool for sale; however, the responsibility lies with legal professionals to validate the outputs it generates.

The 17th International Conference on Substantive Technology in Legal Education and Practice (SubTech2022) recently took place in Singapore, with a focus on the role of technology in legal education and practice. The conference delved into the crucial question of whether law schools are adequately preparing students for a tech-driven world. While some law firms have taken steps towards embracing technology, concerns still exist regarding the level of preparedness among law students.

During the conference discussions, two main viewpoints emerged. One perspective argued that law firms, burdened with heavy workloads, may struggle to incorporate technology into their practices. This viewpoint acknowledged the pressures faced by junior lawyers. On the other hand, an alternative argument highlighted the growing strain on lawyers and the need for a technological shift to automate and streamline tasks. These proponents advocated for greater inclusion of legal technology in law school curricula.

The debate ultimately explored whether introducing students to legal technology during their time in law school would be more effective in equipping future lawyers to navigate a tech-reliant legal landscape. This consideration stems from the belief that providing students with early exposure to technology would enhance their abilities to adapt to and leverage technology in their future legal careers.

The discussions at SubTech2022 served as a valuable platform for exchanging ideas and perspectives on this important topic. The question of whether law schools are adequately preparing students for the tech-driven world will continue to evolve as the legal industry continues to be transformed by technology.

And that's a wrap.

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