AI and the Legal Framework: A Critical Turning Point

It is no secret that the rapid advancement of generative artificial intelligence (AI) is transforming several industries – including the legal sector. Using AI, lawyers and legal departments can be able to handle all sorts of tasks from standard tasks to assisting with complicated legal analyses, which allows them to be more effective, efficient, accurate, and innovative in their work. It is important for enterprises, particularly legal and compliance professionals, to be aware of the potential concerns that can arise as they evaluate how to use these new tools. 

The role of a legal executive in examining the use of Generative AI consists primarily of making informed recommendations and acting as a resource in educating stakeholders (e.g., business leaders, peer executives, the board, and others) on the risks associated with the use of Generative AI for business purposes. The application of Generative Artificial Intelligence and its implications in terms of the risk of its implementation is therefore very important for this purpose. 

The introduction of generative artificial intelligence in the legal sector marks a turning point in the steps taken to conduct legal proceedings, create legal documents, and provide legal advice to those who need it. Using artificial intelligence technologies for legal applications has the potential to fundamentally change the legal industry in many ways, from increasing the efficiency and speed of the legal proc

[…]
Content was cut in order to protect the source.Please visit the source for the rest of the article.