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The Legalpreneurs Sandbox
Episode 196: Legal GenAI Around the World: Australia + New Zealand
Mar 13, 2024
Legal GenAI in Australia + New Zealand explored in this podcast, discussing challenges and benefits of using GenAI in legal businesses. Topics include building vs buying LLMs, legal drafting enhancements, impact of generative AI in legal cases, and navigating technological risks in the legal industry.
01:04:07
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Quick takeaways
- Strategic piloting and cautious education are key to responsible Gen AI implementation in legal businesses.
- Organizations are favoring 'buying' established LLMs for cost-efficiency and customization in AI solutions.
Deep dives
Organizational Strategies for Implementing Gen AI
Organizations are strategically approaching the implementation of Generative AI (Gen AI) by focusing on piloting with users who understand AI and can be trusted to use it responsibly. One approach involves piloting tools like chat GPT and co-pilot with caution, emphasizing on education before granting access. Additionally, these organizations are identifying discrete testing grounds and safe experimentation areas to gradually introduce Gen AI within enterprise settings.
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