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Axios

People are using AI for legal advice and it's driving lawyers bananas

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  • Lawyers like Jochnowitz and S. Randall Hood are concerned that AI models lack context and understanding of actual laws, giving clients a false impression of their cases, with Jochnowitz saying "ChatGPT is telling them 'you got a killer case'".
  • The rise of AI is disrupting the legal industry, with law firms like Vinson & Elkins using AI to efficiently sort through and draft documents, and experts like Aubrey Bishai noting that "staying up all night and copying provisions into a master Excel doesn't need to happen anymore".
  • The potential impact of AI on the industry was evident when shares of companies like LegalZoom.com and Thomson Reuters fell sharply after AI company Anthropic released a new legal product, but experts like Elliott Rush and J.H. "Rip" Verkerke caution that adoption will take time and many claims about AI's capabilities will turn out to be "vaporware".
Read original article at axios.com