Economy

Generative AI is coming for the lawyers

Enlarge (credit: James Marshall / Getty Images)

David Wakeling, head of London-based law firm Allen & Overy’s markets innovation group, first came across law-focused generative AI tool Harvey in September 2022. He approached OpenAI, the system’s developer, to run a small experiment. A handful of his firm’s lawyers would use the system to answer simple questions about the law, draft documents, and take first passes at messages to clients.

The trial started small, Wakeling says, but soon ballooned. Around 3,500 workers across the company’s 43 offices ended up using the tool, asking it around 40,000 queries in total. The law firm has now entered into a partnership to use the AI tool more widely across the company, though Wakeling declined to say how much the agreement was worth. According to Harvey, one in four at Allen & Overy’s team of lawyers now uses the AI platform every day, with 80 percent using it once a month or more. Other large law firms are starting to adopt the platform too, the company says.

The rise of AI and its potential to disrupt the legal industry has been forecast multiple times before. But the rise of the latest wave of generative AI tools, with ChatGPT at its forefront, has those within the industry more convinced than ever.

Read 21 remaining paragraphs | Comments

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Close