The legal industry’s cautious approach to advising on artificial intelligence (AI) is evident, as highlighted in a recent review from Law.com. Despite a surge of Am Law 200 firms establishing AI practices in response to heightened client interest and a proliferation of AI-related cases, only 29% of outside counsel surveyed expressed high confidence in their ability to guide clients on AI regulation.
This leaves a significant portion of firms navigating uncharted waters with reserved assurance. The dynamic nature of the AI landscape and the advent of an “innovation economy” further complicate the counsel’s ability to stay ahead. For a detailed examination, visit the original article here.