Big Law Is Questioning the ‘Magical Thinking’ of AI as Savior

Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at how the hype around generative AI is changing at law firms. Sign up to receive this column in your Inbox on Thursday mornings.

The AI hype cycle has crested, or at least the stock market seems to have thought so. The change in sentiment is also filtering through the legal industry.

Law firm leaders and technology experts in the legal space, like amped up investors, are adjusting their near-term expectations. More are acknowledging that today’s AI tools are better at boosting back-office efficiency ...