AI & Law: Boxing BigLaw Into AI-Based Legal Services

The future of BigLaw and the adoption of AI in the practice of law

by Dr. Lance B. Eliot

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Key briefing points about this article:

• Law firms of any notable size are especially tricky to manage and ably adjust to market shifts
• BigLaw is viewed as likely to have internal squabbles over the advent of AI-based legal services
• Some law firms will quickly embrace AI, others will ignore or deflect AI emerging changes
• One prediction is that BigLaw will inexorably have to adapt to and utilize AI or suffer woes
• Thus expect to see BigLaw ultimately grasp onto and embody AI-based legal services

Introduction

Any law firm that is even a modicum of size and scale can be quite challenging to successfully manage. There is the continual tug-of-war over which legal services to provide and whether the chosen set is well suited to ongoing sustenance and potential growth of the firm. Being dependent upon the labor employed to provide said services is equally a nightmare. Do we have the…