LLMs And The Business Of Law: How Will Lawyers Make Money In An AI World?
A conversation with Damien Riehl.
A conversation with Damien Riehl.
Word to the wise, don't do this.
The new generation of AI-related legal issues are inherently cross-disciplinary, implicating corporate law, intellectual property, data privacy, employment, corporate governance and regulatory compliance.
The ethical path respects the unique value of human judgment, empathy, and experience in the legal process.
Educating users about the limitations of legal tech software and monitoring user feedback and interactions are crucial.
Block billing used to be the teeth grinder. Now, it's AI.
Should you really need to pass the bar to be able to help someone file for divorce? Probably not.
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Legal tech entrepreneurs must navigate these waters carefully, understanding that the goal is to avoid legal pitfalls and create a useful and ethically sound product.