The Legalpreneurs Sandbox
Episode 198: Legal GenAI Around the World: USA
Jul 3, 2024
Discover how Wendy Butler Curtis, Nikki Shaver, and Horace Wu discuss the usage of GenAI in legal businesses, the decision to build or buy AI tools, needed capabilities for legal GenAI solutions, unique aspects of the US market, and predictions for legal GenAI in 2024.
01:02:35
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Quick takeaways
- Continuous education and agility are essential for legal professionals to adapt to evolving technological demands.
- The USA's robust startup culture and ample venture capital investments set it apart in the global Gen AI market.
Deep dives
Talent Development and Education Amidst Rapid Innovation
In response to the rapid changes fueled by technology in the legal industry, initiatives to enhance talent development and education are crucial. Law firms, like Oreck, are investing in training to raise the fluency of their workforce, preparing professionals for evolving demands. There is a growing emphasis on continuous education to cultivate openness and adaptability among professionals as the legal landscape evolves. The need for a multidisciplinary approach and a shift towards agility rather than strict technical aptitude are highlighted to bridge the gap between technology capabilities and workforce skills.
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