Generative artificial intelligence (AI) is anticipated to fundamentally change the job landscape in leading commercial law firms. At least one in four large law firms believes generative artificial intelligence will supplant some positions within their respective companies in the next five years, according to a recent survey.
The study, which involved 24 major legal institutions operating in the U.K., revealed that six firms expressed expectations of job replacement due to the rise of AI technology. Meanwhile, 15 firms did not think this would occur.
Generative AI bears potential to streamline many of the mundane and administrative tasks that currently form a necessary part of a lawyer’s workload. Thus, it could induce significant adjustments to the operational structure of corporations and affect the prospective jobs within these major firms. For full details, visit the original article on Law.com.