Recent advancements in artificial intelligence (AI) and machine learning (ML) capabilities, including developments in generative AI, are leading to both new business opportunities for law firms as well as changes in litigation practice and expert testimony. In the world of litigation, the power of AI and ML have been long understood by law firms and economic and financial consulting firms. Law firms have been using technology assisted review and predictive coding technology to make e-discovery more efficient for many years. The support of expert witnesses has always required leading-edge analytical tools and data science techniques, and AI and ML are increasingly important tools in experts’ arsenals. As older, rulesbased AI has evolved into ML where computers are programmed to accurately predict outcomes by learning from patterns found in massive data sets, the legal industry has found that AI can do far more than many imagined. Then, in the last six months, Large Language Models (LLMs) such as GPT-4 have captured the attention of the legal industry and promise to augment existing AI and ML capabilities and provide broad access to a non-technical audience through web interfaces such as ChatGPT.
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Date / Time: September 8, 2023
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