Large language models have dramatically impacted the legal industry by enhancing document drafting, e-discovery, and information management. While many firms invest in AI tools, the effectiveness of these investments is mixed. Key challenges include selecting suitable AI solutions and ensuring lawyer adoption. To leverage AI successfully, firms must identify specific issues to resolve and desired business outcomes. Clear expectations and understanding expected returns are vital for effective AI implementation and to ensure meaningful impact on legal practices.
Implementing an AI tool requires a clear understanding of expected returns on investment. Defining strategic outcomes at the project's outset will simplify technology selection and guide implementation.
Successful AI adoption depends not only on the technology itself, but also on how strategically it is deployed. Four strategies can help legal professionals optimize the return on their AI investments.
#artificial-intelligence #legal-technology #ai-adoption #workflow-improvement #strategic-implementation
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