Inside Practice’s Post

Inside Practice reposted this

View profile for Ted Theodoropoulos, graphic
Ted Theodoropoulos Ted Theodoropoulos is an Influencer

Legal Tech Innovator | 2024 ILTA Innovative Leader of the Year | Podcast Host 🎧

Who should own AI in a law firm? KM? Innovation? IT? By the way, when I say "own AI" I mean who leads decision making around investment, risk taking, governance, etc. Should it even be its own centralized function or should it be spread across the reporting structure? Should it have a stand-alone role in the C suite? A Chief AI Officer? Meredith Williams-Range and I were on a panel to explore this topic with Peter Geovanes and Christy Bentz at the AI x KM event a few months ago put on by Kevin Klein and the folks at Inside Practice LLC. There were arguments made for and against different organizational alignments. Meredith is of the opinion that firm culture will ultimately dictate proper alignment and she makes a lot of sense (as usual). I don't think we're ready for a stand-alone C suite role and I'm not sure if that will ever make sense. Maybe but probably not IMO. However, we are seeing Chief Innovation and AI Officers and Chief Knowledge and AI Officers pop up quite a bit in the last year or so. These developments raise really interesting questions about the future of law firm organizational design. We're in the top of the 1st inning in this AI ball game so it's far too early to be putting firm stakes in the ground about where things will ultimately end up. The best we can do for now is paint in broad brush strokes. My personal opinion is that (culture factors aside, of course) AI aligns well to innovation at the moment. If for no other reason than the amount of experimentation that is going to be necessary over the next few years to figure this AI game out. Failure is expected in innovation and there is going to be a LOT of failed AI rollouts. For more on that read Goldman's report titled "Gen AI: Too much spend, too little benefit?" Where do you think AI should live within the law firm org structure?

Aaron Crews

Chief Innovation Officer at UnitedLex | Litigator & Technology Lawyer | AI and Data Strategy Expert | Legal Innovation

2mo

IMO, cloaking this discussion in terms of just the tech is shortsighted. If you bring AI into any practice, it is an automating function, which means it is a commoditizing agent. If this is true, then as a result of inserting automation into a practice, you also have to determine what the new business and pricing models for that practice look like going forward. That, is innovation, and it requires a set of skills beyond just understanding tech.

Jessica Aries

Law Firm Marketer | Lawyer turned Digital Marketer | Social Media Marketer, AI Marketer & Video Marketer

2mo

I would agree. Clients aren’t this siloed in their way of thinking about innovation either. They have an expectation that their entire company is striving for innovation across all departments. If clients aren’t thinking about innovation in a siloed way, then law firms can’t afford to think this way either. Excellent points and discussion. This is giving me such FOMO that I wasn’t at ILTACON this year.

Paul Manley, II

Your AI guy | Husband | Father | PhD Candidate | Wannabe Professional Drummer

2mo

Just my late Sunday night initial reaction to this (maybe this goes without saying): You can make an argument that the use case is a driving factor and that “AI” will be housed under multiple departments. Builds for call center agents vs financial predictions vs healthcare can look wildly different. We historically pitched to IT folks because they’re the ones to enable the deployment. Ironically we then immediately ask to bring in SMEs from all the departments interested in streamlining knowledge and automation. But Meredith is right that SOMEONE’s gotta lead it.

Ralph Losey

Attorney at Losey PLLC ** Generative AI Related Advisor ** Custom GPT Maker ** Losey.ai ** e-DiscoveryTeam.com

2mo

Recipe for failure: put people in charge who like to be in charge, but don't like to play. Add a dash of insecurity and envy. Avoid all fun and passion.

Ralph Losey

Attorney at Losey PLLC ** Generative AI Related Advisor ** Custom GPT Maker ** Losey.ai ** e-DiscoveryTeam.com

2mo

A more serious answer to your important question is “it depends” on existing firm culture

Like
Reply
See more comments

To view or add a comment, sign in

Explore topics