Surviving the AI Apocalypse: Preparing for the Future of Legal Practice.

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The legal industry has historically been resistant to technological advancements, but the rise of AI in the legal field is inevitable and will have a profound impact. AI has the potential to revolutionize and disrupt the legal industry in ways never seen before. It will transform the delivery of legal services, making them more accessible, efficient, and affordable. However, the potential for AI to completely reshape the legal business is real, with uncertain timing and magnitude of disruption.
AI's impact on the legal industry can be compared to other service industries greatly affected by technological advancements. Travel agencies, film processing labs, video rental stores, fax services, postal services, telephone operators, printed media, banking, and bookstores have all experienced significant changes or obsolescence due to technological advancements.
AI poses a unique threat to traditional legal roles and billing models, necessitating a fundamental shift in how legal services are delivered. Law firms that embrace AI and integrate it into their business models will thrive, while those who resist or ignore this technological shift risk going out of business. The book will explore on the inevitability and transformative potential of AI in the legal industry. (book release date - August, 2023)
Enrico Schaefer is a technology attorney representing AI companies. He is also an AI, ChatGPT, and artificial intelligence implementation expert. Enrico consults with companies (law firms and other organizations) on effectively implementing and developing use policies for their employees.
Traverse Legal provides services in internet and technology law, corporate law, intellectual property law, business law, trademarks, copyright, trade secrets, and start-up representation. Traverse attorneys represent ai, blockchain, SaaS, and other tech compies across various legal issues. Visit www.traverselegal.com/
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Опубликовано:

29 июн 2023

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Комментарии : 10

@ObservationDeck Год назад

Never believe what an AI avatar says...

@TraverseAI Год назад

With an AI generated voice. :-)

@PTSDTALKTV 8 месяцев назад

Had to watch more to get well informed.

@TraverseAI 7 месяцев назад

Stay tuned. More content coming soon.

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@vallab19 Год назад

AI will solve most of the problems that the Justice department facing today most importantly the Backlog of cases and corruption specially in countries like India. However, the questing is; "will the vested interests in the legal profession allow its implementations without major obstructions.

@TraverseAI 11 месяцев назад

Very interesting point. The legal profession has always fought against change and innovation. They usually claim ethics rules violations and put barriers up within the legal process in court rooms in order to discourage change. I would expect the reaction to AI to be as extreme as it has ever been against any other technology.

@vallab19 11 месяцев назад

@@TraverseAI You pointed it in a better way. They put barriers in the name of ethics of thier own. I hope the progressing AI technology will overcome it with better solutions.

@RecruiterMan81 Год назад

Ai Generated videos based on Ai generated scripts talking about how AI will take over the world.

@TraverseAI Год назад

One of the great things about AI are the tools that allow me to generate both written, and video content much more quickly. While they’re not perfect, they do shorten the amount of time tenfold.