The explosion of generative AI models into the mainstream dates back to 2022, and they have played an indispensable role in the legal industry. Models vary in characteristics and use cases, requiring legal professionals to select the model that best suits their needs.
OpenAI, a leading AI developer, stands out for its successive releases of the GPT model series, including GPT-3.5 announced in November 2022. This model powers the free version of ChatGPT. Such innovative AI tools present a spectrum of potential for legal professionals, but their application is not one-size-fits-all.
Hence, experts argue that the “right” AI model for a legal team depends on a variety of factors, contrasting the performances of different models across diverse legal tasks. Inspired by these developments, LegalTech News has featured a compelling infographic that elucidates the main generative AI models legal professionals should acquaint themselves with.
With such constant evolution and innovation, discerning the ideal tool may appear daunting. However, taking the time to understand these range of models, their features and viable use cases in the legal industry could significantly impact productivity and efficiency, ensuring that legal teams remain at the cutting edge of technology.