Corporate clients are increasingly requiring law firms to use generative AI in their operations, according to recent research by Thomson Reuters. The study also highlights a significant rise in AI adoption within the legal sector, with the percentage of firms and in-house departments using AI jumping from 14% to 26% over the past year.
A new survey has found that aspiring lawyers in generation Z (gen Z) (born between 1995-2012) are 60% less likely to join the US’s largest 200 firms than they were three years ago.
Magic circle law firm A&O Shearman has introduced an innovative AI tool designed to expediate tasks typically handled by senior associates and partners. The move aims to capitalise on the transformative impact of AI within the legal industry.
A new survey has revealed that people are more open to using AI and increasingly dissatisfied with Big Law, which many see as “expensive”, “elitist” or “intimidating”. Findings showed that nearly one-third of people would allow a robot lawyer, defined as an AI system acting alone, to represent them in court.
