In this episode of The Geek in Review podcast, hosts Marlene Gebauer and Greg Lambert welcome back Richard Tromans, founder of Artificial Lawyer, after his year-and-a-half sabbatical. Tromans shares his insights on the impact of generative AI on the legal industry and discusses his upcoming Legal Innovators conferences in California and London.
Tromans observes that while the legal industry is generally enthusiastic about the potential of generative AI, there is a stark contrast in the perception of its impact outside the legal bubble. He believes that the technology will have a significant effect on the legal sector, but it will be mostly benign, with the potential to add value to the profession once the hype and cynicism subside.
The key to real transformation, according to Tromans, lies in integrating AI throughout the entire business process, rather than using it as a mere helper tool. This integration should encompass document management systems, knowledge management capabilities, templates, and precedents. However, he emphasizes that the current economic model of the legal industry must adapt to the technology for true transformation to occur.
Tromans also discusses the upcoming Legal Innovators California conference in San Francisco, which will focus on generative AI, standardization, and the infrastructure needed to support the evolving legal landscape. The event will feature speakers from law firms, in-house legal departments, academia, and major tech companies.
Looking ahead, Tromans believes that the biggest challenge for the legal industry over the next two to five years will be the willingness of clients and law firms to embrace change and rethink their processes. He argues that the industry could have adopted AI-driven solutions years ago, but the impetus to do so was lacking. The success of this "gentle revolution" will depend on the ability of clients and law firms to challenge assumptions and adapt to the changing technological landscape.
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Contact Us:
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Email: geekinreviewpodcast@gmail.com
Music: Jerry David DeCicca
Transcript
Josh Kubicki and the Brainyacts Newsletter - Helping You Keep Up with the Advancements of Generative AI in the Legal Industry (TGIR Ep. 198)
The Future of AI within LexisNexis and the Legal Industry with Lexis CTO Jeff Reihl - TGIR Ep. 197
From Pain to Creativity: How AI Helped Kristina Kashtanova Illustrate Her "Zarya of the Dawn" Story - featuring Richmond Law's Ashley Dobbs and Roger Skalbeck (TGIR Ep. 196)
Revolutionizing Legal Technology Design with T&P Studios' Nicole Bradick (TGIR Ep. 195)
The Future of Fashion and the Law (TGIR Ep. 194)
The Legal Singularity and the Future of Legal Research - Benjamin Alarie and Abdi Aidid (TGIR Ep. 193)
Breaking Barriers: The Portia Project's MC Sungaila on the Unique Paths to Success for Women Lawyers and Judges (TGIR Ep. 192)
Johannes Scholtes: AI Is Finally Here. Now the Hard Work Begins for the Legal Industry (TGIR Ep. 191)
Colin Lachance on Jurisage's MyJr and How He's Looking at AI to Assist in the Synthesis and Reading of Legal Cases (TGIR Ep. 190)
The Bullshitter, The Searcher, and The Researcher - Damien Riehl on the Dynamic Shift in How the Legal Profession Will Leverage Standards and Artificial Intelligence
Successful Brand Awareness for Legal Professionals - Tips from Stefanie Marrone (TGIR Ep. 188)
The Secret Weapon: Leveraging Patent Agents to Gain a Competitive Edge - Shayne Phillips (TGIR Ep. 186)
The (ALMOST) Completely AI Generated Podcast (TGIR Ep. 186)
ChatGPT - If It Sounds Too Good To Be True... - Tony Thai and Ashley Carlisle (TGIR Ep. 185)
Redgrave Data's Mollie Nichols on the De-Commoditizing of Data in the Legal Industry (TGIR Ep. 184)
APIs are the LEGO Building Blocks of Data - API Panel Discussion with Emily Rushing, Pam Noyd, Chris O'Connor, Keli Whitnell, and Erik Adams (TGIR Ep. 183)
Creating Actual Transparency Between Law Firms and Clients - Litify's Ari Treuhaft and Pam Wickersham
Nearly Two-Thirds of Legal Contracts are Gender-Biased and Why That Matters - Alex Denne and Caroline Hill (TGIR Ep. 181)
LinkSquares' Tim Parilla and Juliette Kopecky: These Aren't Legal Problems or Tech Problems, These Are Business Problems
The Mission: Eliminate Systemic Racism in the Legal System - LexisNexis' Ronda Bazley Moore (TGIR Ep. 179)
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