Law firms lead the way in current generative AI use, with over half (51 percent) of law firm respondents reporting they use generative AI, followed by corporate at 41 percent and government at 39 percent—but many government and corporate respondents not currently using generative AI predict they will be using it within ...
Around 40% of companies worldwide are actively utilizing AI in their operations, with another 42% exploring its adoption. This means over 82% of businesses are engaging with AI in some form, highlighting its growing importance across industries.
Law Firms Mentioned Reed Smith. Addleshaw Goddard. Allen & Overy. Clifford Chance. Ashurst.
AI-driven tools have been deployed in courts and clerks' offices over the past five years, allowing clerks to reduce inefficiencies and errors that may occur in a largely human-run filing process.
As noted above, there are currently no comprehensive federal laws that directly regulate AI. ingly, there is no specific federal sectoral scope at this stage. Nevertheless, there are certain sector-specific frameworks that have been implemented in the US to regulate the use of AI.
Yes. Lawyers can use AI for legal research to quickly comb through large sets of data so they can focus on gathering insights from the information that matters most.
Elsewhere, 60% of firms or legal departments have made internal changes due to AI adoption. These changes include offering AI-powered products to staff (36%), developing policies on the use of generative AI (24%), and providing AI-related training for employees (18%).