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🚀 The Journey to Generative AI Adoption in Legal Departments According to Deloitte Generative AI holds massive potential for legal teams, but most are still at the beginning of the adoption curve. While 87% of legal professionals anticipate its use in the next 2-3 years, adoption remains low today. The biggest hurdles? Limited budgets, skill gaps, and data readiness. Despite these challenges, legal teams are preparing by investing in training and building targeted AI pilots. The next few years will see a significant shift as AI expands into areas like data extraction and document drafting, unlocking new efficiencies and capabilities. Is your team ready to embrace the AI revolution?

How was email predicted to change up the legal industry? Remember when email was the next big thing in legal services? Back in 2003, the SCL - Society for Computers and Law boldly predicted that email would forever reshape the way lawyers communicated, pushing aside postal mail and faxes for good. With its lightning-fast speed and convenience, email was revolutionary—yet concerns around security and confidentiality soon led to widespread adoption of encrypted systems. While email remains a cornerstone for formal communication, predictions about its dominance have only partially held up. Tools like Slack, Microsoft Teams, and WhatsApp have become preferred for real-time collaboration, reshaping the legal landscape. Yet, email still plays a vital role in handling formal and client-facing interactions, where structured and documented communication is necessary. The prediction that email would reign supreme missed how rapidly instant communication tools would take hold. Are we witnessing the decline of email, or is it still a critical tool in your firm’s operations? https://lnkd.in/e4yz5GcS

🎸 Get ready to rock your legal world with insights from no other than industry legend Mark A. Cohen (CEO & Founder of Legalmosaic)! Cohen emphasises that true success lies in focusing on the human aspect of legal tech adoption, ensuring that professionals are empowered to utilise these tools responsibly and efficiently. Do you agree? Let’s have a conversation!

🌟 Balancing AI and Humanity in Legal Departments While Andrew Cooke, General Counsel at TravelPerk, emphasises that the adoption of AI in legal departments is inevitable, this premonition comes with a crucial reminder: "It’s going to be the lawyer who uses AI that takes your job." AI is transforming legal workflows, but the key is to integrate it without losing the human touch. A Bloomberg study revealed that only 18% of legal teams regularly use data to report on performance. This shows an untapped opportunity to leverage data and AI more proactively. Yet, as Cooke cautioned, over-prioritising efficiency could reduce legal professionals to 'machines'. Cooke’s "three C’s"—Care, Capability, and Culture—serve as essential principles to ensure that AI supports, rather than replaces, the human element. It’s about balancing tech with a strong sense of mission, making sure teams align with business goals while fostering a culture that prioritises well-being and innovation. Are we embracing AI while staying human-centric? Let’s explore the future of legal work together!👇 Read more: https://lnkd.in/ez8a-jXX #LegalTech #AIinLaw #DigitalTransformation #CraftyFest #LawFirmInnovation

The impact of AI on legal operations jobs is becoming increasingly significant, with automation reshaping roles and responsibilities. This article from CLOC (Corporate Legal Operations Consortium) dives into how AI is not just altering workflows but also creating new opportunities for legal professionals to focus on more strategic, value-driven tasks. It’s essential for legal operations teams to adapt and evolve their skill sets to stay ahead in this rapidly changing landscape. 💼 For a deeper understanding, read the full article here: https://lnkd.in/e395HGgG

🚀 Generative AI: A New Era for Legal Departments According to Deloitte Generative AI is changing how legal teams operate, driving changes that go far beyond incremental improvements. From automating routine contract reviews to enhancing regulatory compliance, it’s redefining efficiency and reshaping legal workflows. With AI, legal teams can now focus on high-value strategic tasks, leaving the heavy lifting of data analysis and document drafting to advanced technologies. But the transformation isn’t just about efficiency—it’s about evolving the role of legal professionals and creating a more dynamic, tech-integrated workforce. How is your team adapting to these changes? #Zaven #GenerativeAI #LegalTech #DigitalTransformation #AIinLaw

🚀 AI Use Among Lawyers Soaring, But Pricing Impact Remains Uncertain AI is becoming integral to legal work, with a recent LexisNexis report showing that 80% of lawyers are either using or planning to use AI. The benefits? Faster document review, improved client service, and enhanced competitiveness. Yet, the big question remains: how will AI reshape legal pricing? While some firms expect billing models to evolve, uncertainty surrounds the future of the billable hour. Only 17% of lawyers believe AI will replace it entirely, and many are unsure of how fees will adapt. As legal teams accelerate their use of AI, how do you see this impacting billing practices? Let’s discuss! 👇 Read further: https://lnkd.in/evDAJVS9 #LegalTech #AIinLaw #DigitalTransformation #LawFirms #LegalInnovation

In 2005, predicting the future of the legal profession was no easy task. However, it was clear that technology would play a crucial role. Lawyers were expected to use technology to handle tasks once managed manually, with predictions that by 2010, most legal tasks would be supported by computers and digital tools. In fact, some lawyers had already started incorporating technology into every aspect of their practice. The internet was anticipated to change communication, legal research, and dispute resolution, especially as lawyers increasingly connected with clients and peers online. The article suggested that over the next 20 years, technology would change the landscape of legal practice in ways beyond imagination. From marketing practices online, shrinking computer sizes, and automated document processing, the legal profession would transform entirely. Lawyers were expected to use smaller, more powerful computers, automate billing and financial tasks, and integrate digital tools into their workflow. https://lnkd.in/eh69-Mfv

Is an RFP always needed? “You can simplify the process, but I don’t think you can do away with it. An RfP will give you current utilisation and the firm’s capacity to be able to manage an instruction.” Cameron Smith, Senior Partner, Indirect Procurement at Novartis. RFPs remain invaluable for evaluating law firms on major matters, assessing bandwidth, scoping approach, and surfacing innovative ideas. Check out the full report here: https://lnkd.in/eV24iV_i #ZavenLegal #Research #LegalTech #Legal #Collaborations

Fee certainty is a top priority for clients, but offering predictable fees upfront can be challenging for law firms given unpredictable factors. While fee negotiations require transparent conversations some lawyers prefer to avoid, they present an opportunity to build trusting relationships. Download the full report here: https://lnkd.in/eV24iV_i #LegalTechTalk #Research #LegalTech #Legal #Collaborations