Exclusive Content:

Haiper steps out of stealth mode, secures $13.8 million seed funding for video-generative AI

Haiper Emerges from Stealth Mode with $13.8 Million Seed...

“Revealing Weak Infosec Practices that Open the Door for Cyber Criminals in Your Organization” • The Register

Warning: Stolen ChatGPT Credentials a Hot Commodity on the...

VOXI UK Launches First AI Chatbot to Support Customers

VOXI Launches AI Chatbot to Revolutionize Customer Services in...

First Movers Embracing Generation AI in the Legal Industry

Embracing Generative AI: Transforming the Legal Profession with Innovation from A&O Shearman and Wilson Sonsini

Wigged UK barrister in a law library working on a laptop

The legal profession is one that is steeped in tradition and history, but it is also an industry that is constantly evolving with the times. One of the latest technological advancements that is making waves in the legal world is generative AI. This technology has the potential to transform the way lawyers work, from drafting contracts to conducting legal research.

Two law firms that are at the forefront of adopting generative AI are A&O Shearman and Wilson Sonsini. These firms have recognized the potential of AI in increasing productivity and efficiency for their lawyers. Both firms have embraced this technology early on and have been actively working on integrating it into their business models.

At A&O Shearman, David Wakeling leads a team of developers and data scientists who are working on implementing generative AI into their legal practice. The firm has already rolled out an AI system for their lawyers to experiment with, and they have seen significant productivity gains as a result. Wakeling believes that while generative AI can be a great aid to lawyers, there are still limitations to the technology that need to be addressed.

Similarly, Wilson Sonsini, under the leadership of David Wang, has been investing in AI technology for several years. The firm has developed various AI applications, including a contract review platform that uses generative AI. Wang acknowledges the challenges of getting law firms to fully integrate advanced technology into their business models, but he believes that Wilson Sonsini is making significant progress in this area.

Both firms are not only focused on using AI to improve internal processes and productivity but also on developing tools that can transform legal services more broadly. They are working with external startups in the legal AI space and are constantly seeking out new opportunities to leverage AI technology.

The adoption of generative AI in the legal profession is still in its early stages, but firms like A&O Shearman and Wilson Sonsini are setting the pace for the industry. As the technology continues to evolve, it will be interesting to see how other law firms are able to leverage AI to improve their practice. The legal profession may be slow to adopt new technologies, but with innovative firms leading the charge, the future of generative AI in law looks promising.

Latest

I Asked ChatGPT About the Worst Money Mistakes You Can Make — Here’s What It Revealed

Insights from ChatGPT: The Worst Financial Mistakes You Can...

Can Arrow (ARW) Enhance Its Competitive Edge Through Robotics Partnerships?

Arrow Electronics Faces Growing Challenges Amid New Partnership with...

Could a $10,000 Investment in This Generative AI ETF Turn You into a Millionaire?

Investing in the Future: The Promising Potential of the...

Don't miss

Haiper steps out of stealth mode, secures $13.8 million seed funding for video-generative AI

Haiper Emerges from Stealth Mode with $13.8 Million Seed...

VOXI UK Launches First AI Chatbot to Support Customers

VOXI Launches AI Chatbot to Revolutionize Customer Services in...

Investing in digital infrastructure key to realizing generative AI’s potential for driving economic growth | articles

Challenges Hindering the Widescale Deployment of Generative AI: Legal,...

Microsoft launches new AI tool to assist finance teams with generative tasks

Microsoft Launches AI Copilot for Finance Teams in Microsoft...

Could a $10,000 Investment in This Generative AI ETF Turn You...

Investing in the Future: The Promising Potential of the Roundhill Generative AI & Technology ETF This catchy heading highlights both the investment aspect and the...

Generative Tensions: An AI Discussion

Exploring the Intersection of AI and Society: A Conversation with Lucy Suchman and Terry Winograd Moderated by Nava Haghighi Hosted by the Stanford Institute for Human-Centered...

Germany Adopts AI and Digitization; Confidence in Generative AI Grows

Germany's AI Revolution: Trust in Generative AI Grows Amid Economic Resurgence Germany is forging ahead with ambitious plans to rejuvenate its economy through artificial intelligence...