AI for Legal Series: How Chat GPT is Shaping the Legal Landscape
Introduction
The Center for Legal Innovation at the College of Laws has launched an AI for Legal series, and the inaugural session featured Karen Sandler and Mitchell Scott from Gilbert and Tobin. They discussed the use of generative AI and chat GPT in legal practice. The presentation demonstrated the capabilities and potential impact of using AI in the legal industry. This article will delve into the key points discussed in the transcription.
Changing AI Landscape
The speakers emphasized that AI is not a new concept, with developments dating back to the 1950s. The emergence of generative AI and platforms like chat GPT have fundamentally changed the landscape of AI. This technology has significant potential to transform legal work by automating routine tasks and providing deep insights.
Application of Generative AI
The presenters outlined a potential legal generative AI toolkit, providing guidance on leveraging AI for legal practice. They also discussed ethical and legal considerations, such as data privacy, confidentiality, and intellectual property issues related to using generative AI. Additionally, the presenters highlighted the importance of strong governance and policies in the use of AI in the legal industry.
Demonstrating Chat GPT in Legal Practice
Mitchell Scott demonstrated several applications of Chat GPT in legal practice. He showcased how the technology can be used for legal triage, contract analysis, drafting, and other legal tasks. The demonstration provided insights into the capabilities of AI and how it can streamline legal processes.
Risks and Considerations
The presenters discussed the risks associated with using generative AI, such as data privacy, confidentiality, and security vulnerabilities present in AI systems. They emphasized the need for organizations to carefully manage and secure proprietary data when using AI systems. The potential ethical challenges associated with generative AI were also highlighted, including the risk of bias and misuse of AI technologies.
Future Implications of AI in Legal Practice
The presenters addressed questions about the impact of AI on junior lawyers, explaining that AI has the potential to create new opportunities and change the way legal work is performed. They also discussed fine-tuning AI models and the potential for organizations to train their own models for specific legal domains.
The session wrapped up with an overview of the AI for Legal series, showcasing the upcoming sessions that will delve deeper into topics such as chat GPT plugins, large language models, intellectual property rights, and the ethics of AI.
In conclusion, the AI for Legal series has set the stage for exploring the transformative impact of AI on the legal industry. The presentations provided valuable insights into the potential applications, risks, and considerations of using generative AI like chat GPT in legal practice. As the series continues, it promises to offer valuable knowledge and guidance for legal professionals navigating the evolving landscape of AI technology.