Home Politics Why AI Might Actually Create More Work for Lawyers
Politics

Why AI Might Actually Create More Work for Lawyers

Why AI Might Actually Create More Work for Lawyers
Key Points

Why AI Might Actually Create More Work for Lawyers Why AI Might Actually Create More Work for Lawyers Listen to Odd Lots on Apple Podcasts Listen to Odd Lots on Spotify Watch Odd Lots on YouTube Subscribe to the newsletter It seems obvious that among the many industries that AI might disrupt, the legal profession might face some of the most adverse outcomes. When clerical, research-based tasks like searching through databases and reading contracts are automated, what is left for lawyers to...

Why AI Might Actually Create More Work for Lawyers Why AI Might Actually Create More Work for Lawyers Listen to Odd Lots on Apple Podcasts Listen to Odd Lots on Spotify Watch Odd Lots on YouTube Subscribe to the newsletter It seems obvious that among the many industries that AI might disrupt, the legal profession might face some of the most adverse outcomes. When clerical, research-based tasks like searching through databases and reading contracts are automated, what is left for lawyers to do and how might they justify all those billable hours? In this episode we speak with Gary Wingens, chair and partner at the law firm Lowenstein Sandler. He talks about how his firm is using AI and why he thinks the technology could end up increasing legal work for lawyers as costs come down, creating a sort of “Jevon's paradox” for lawsuits, deals and litigation. We also talk about the billable hours model and training junior talent.
Spotify Watch (ORG) AI (ORG) Gary Wingens (PERSON) Lowenstein Sandler (PERSON) Jevon (PERSON)
Originally published by Bloomberg Markets Read original →