In the rapidly evolving landscape of legal technology, generative AI (GenAI) has emerged as a potential game-changer. But with all the excitement, it’s easy to overlook the practicalities of integrating this powerful tool into your legal practice. Our new special report, The State of Legal GenAI in 12 Charts, examines the current capabilities and limitations of GenAI, offering a clear-eyed analysis, backed by data.
What You’ll Learn:
- Retrieval & Reasoning: Discover how the performance of genAI systems compares to that of senior and junior lawyers, legal process outsources, and specialized AI systems like Kira, when it comes to finding and interpreting relevant information.
- Performance Benchmarks: See how GPT-3.5 and GPT-4 stack up against each other and traditional legal processes for key tasks.
- Cost Analysis: Explore the cost-effectiveness of AI solutions versus human labor, and what this means for the future of legal outsourcing.
- Commercial Solutions: Learn the strengths and weaknesses of leading GenAI-powered legal tools, including Lexis+ AI and Westlaw, in real-world applications.
- Future Directions: Get insights into the next steps for improving AI’s retrieval and reasoning capabilities, from hybrid search methods to advanced prompt engineering techniques.
This report is essential reading for legal and practice innovation professionals who want to stay ahead of the curve. With data-driven insights and practical recommendations, it offers a roadmap for evaluating and leveraging GenAI to enhance practice efficiency, accuracy, and profitability.
Don’t get left behind in the AI revolution. Download The State of Legal GenAI in 12 Charts today and start making informed decisions about the future of your legal practice.