ANALYSIS: AI Has Entered the Chat—Is the Legal Industry Ready?

Artificial intelligence (AI) has been around for decades, but the rise of public-facing chatbots has seemingly ushered in a new era.

Bloomberg Law’s most recent State of Practice Survey asked nearly 800 law firm and in-house practicing attorneys about their familiarity with and views on generative AI and how their organizations have responded to recent developments in the technology.

Their responses reflect that there’s still great uncertainty among legal professionals and that much work needs to be done before large-scale implementation can occur in the legal industry.

Some Talk, Little Action

Ninety-six percent of attorney respondents had at least heard ...