Is Gen AI causing a split in law firms?

TLDR:

  • Generative AI is creating a divide among law firms, with larger firms leading the charge in adoption.
  • Smaller firms may struggle due to lack of resources and knowledge.

In a recent talk to trial lawyers, the author highlighted the lack of interest and experience in generative AI among many in the legal profession. Larger firms are more equipped to adopt and deploy these tools due to the presence of innovation officers and KM professionals on staff. This creates a divide between larger and smaller firms, as smaller firms may lack the resources and know-how to explore generative AI.

The author suggests that bar associations and vendors catering to smaller firms can help bridge this gap by providing resources, training, and educating users about the benefits of these tools. It is up to lawyers in smaller firms to familiarize themselves with generative AI and its potential contributions to their practices. Ultimately, the adoption of generative AI could redefine the playing field for law firms of different sizes.

The article concludes with the importance of understanding and leveraging generative AI responsibly, as it is here to stay and has the potential to transform the legal industry.