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Time’s Up: Will Law Firms Say Goodbye To Billable Hour In The (Gen)AI Era?

Above The Law

In our forthcoming Spring 2025 publication, Fighting the Hypothetical: Why Law Firms Should Rethink the Billable Hour in the Generative AI Era, [1] we hypothesize that Generative AI (GenAI) technology will change forever how legal services are delivered and will force law firms to re-engineer their legacy economic model.

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LTRC Roundtable Discussion: ChatGPT

LawTechnologyToday

AP: At first glance, the tool seems incredibly competent. Allison) Although like everyone else, I had heard a lot about ChatGPT and other similar AI tools ad nauseum recently, and had even seen some examples and demonstrations, I hadn’t had much of a chance to check any of them out until these Roundtable questions were circulated.

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What exactly will change with AI & Legal coming together?

Cenza

Document Review. Analyzing documents is another significant area within the legal space, which is time-consuming. AI software automates the document review system to ensure attention to documents or specific parts of a document that warrants attention. Administrative Assistant.

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A Path to eDiscovery Certification

Paralegal Bootcamp

He also operates a successful consulting practice that provides guidance to corporate legal departments and law firms. A graduate of the State University of New York, he also attended law school in London. I wouldn’t be doing the association any service by not doing that. Dive into what is e-discovery ?

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The Impact of AI for Lawyers: Benefits and Challenges

MyCase

Plus, we’ll guide you through the best legal AI tools that are transforming law firms into powerhouses of efficiency and innovation. Generally speaking, AI systems work by taking in data, analyzing it, and using it to identify correlations and create predictions. What is Artificial Intelligence?

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ChatGPT and the Future of Corporate Legal Work: Insights and Hallucinations

Fordham Law News

Chat GPT can co-write law review articles in record time [1] and pass law school exams, including multiple choice and essay questions. [2] Dean Andrew Perlman of Suffolk Law School, who co-wrote the law review article with Chat, said “the bot ‘isn’t ready for prime time,’” but does not seem too “far off.” [3]

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Reduce Risk and Cost by Leveraging AI and Cloud Computing

InHouseOps

When lawyers can automate repetitive tasks, they can focus on more strategic activities that require legal judgment—work that is related to the reasons they went to the law school. Ask yourself how quickly you can have teams efficiently using the platform. First, be open to evaluating new e-discovery options.