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I
t has been over two years
since large language models
(LLMs) burst onto the
technology scene, giving
many of us our first taste of AI and
sparking our imagination about
how it could transform the way
we work and do business. The
legal industry quickly recognized
AI's ability to streamline repetitive
tasks, draft documents, categorize
content, turbocharge ediscovery,
and efficiently sift through large
amounts of information. Today,
almost every type of software
used by lawyers incorporates
some form of AI, as technology
continues to evolve. Nearly
every firm has made significant
investments in AI tools.
Have those investments been
effective? The answer is yes and
no. While the tools are improving
exponentially, many firms are
struggling with some fundamental
questions: Which AI do we use?
How can we get our lawyers
to adopt it? What workflow
improvements can we make? To
effectively shape the future of
legal practice with AI, firms must
first identify the problems that
need to be solved and define the
strategic business outcomes they
GEARED FOR
GROWTH: FOUR
STRATEGIES TO
MAXIMIZE YOUR
AI INVESTMENTS
BY JIM TUVELL
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