Renowned law firms Orrick, Reed Smith and Dechert are embracing generative Artificial Intelligence (AI) as they navigate forward into the future of legal practice. The firms have been giving associates billable hours credit for innovation work for five years, allowing future partners and decision makers to acquaint themselves with these tools early on in their careers.
Generative AI has surged to the forefront in this timeframe and its potential to reshape the structure of law firms is increasingly being recognized. It stands to reason that as the industry evolves, early exposure and comfort with AI technology may be a key factor in the success and progression of legal professionals.
For further details on how these firms are implementing AI and its role in redefining the legal landscape, you can read more on the original article here.