As discussed at the recent Everlaw Summit 2023, lawyers need not fear, generative artificial intelligence (GenAI) is not poised to replace them. However, those who neglect to embrace these technological advancements might find themselves falling behind in the industry. At this event, the legal tech firm presented its latest GenAI capabilities in a collaboration with Lewis Brisbois Bisgaard & Smith.
Despite the concerns surrounding artificial intelligence in the legal profession, experts believe that the attorneys need not worry about this technology superseding their roles. Stephen Poor from Seyfarth Shaw pointedly commented, “Don’t worry about the technology coming for your job. Worry about the people who understand the technology coming for your job.” His statement epitomizes the sentiment that while AI is not a direct threat, those who master this technology might outpace their peers in the industry.
While generative AI is not a threat, a warning has nonetheless been issued to the legal professionals – ignore it at your peril. The integration of such technologies in various legal functions could lead to a significant transformation in the legal industry, urging professionals in the field to stay updated and adopt the advancements of GenAI proactively.
For further details on the discussion at the Everlaw Summit 2023 and insights on GenAI’s role in the future of the legal industry, refer to the coverage on The Recorder.