The law according to GenAI: take a structured approach, collaborate, and seek help

Bridget McCormack and Jen Leonard give their verdict on the American Arbitration Association’s efforts to harness the power of generative AI. They explain why incumbent organizations must seize the opportunities without delay.

Since Chat GPT emerged two years ago, we have been working to determine what this weird and wonderful tech might mean for our field. While the vision is still unclear, we believe generative AI will transform how we learn, work, and deliver services, especially in knowledge work like law. Here, we will share – through the story of AI transformation at the American Arbitration Association (AAA) – what we have learned in understanding how innovation theories and frameworks create pathways for AI literacy, adoption, and integration. Our insights can be grouped into three core principles that we believe have practical relevance for others as they seek to integrate and unleash the potential of AI. Principle 1: Solving the innovator's dilemma In his book The Innovator’s Dilemma, Clayton Christensen describes the…

You're reading a preview of

I by IMD (Digital) - 1 Issue, 16. December 2024

DiscountMags is a licensed distributor (not a publisher) of the above content and Publication through Zinio LLC. Accordingly, we have no editorial control over the Publications. Any opinions, advice, statements, services, offers or other information or content expressed or made available by third parties, including those made in Publications offered on our website, are those of the respective author(s) or publisher(s) and not of DiscountMags. DiscountMags does not guarantee the accuracy, completeness, truthfulness, or usefulness of all or any portion of any publication or any services or offers made by third parties, nor will we be liable for any loss or damage caused by your reliance on information contained in any Publication, or your use of services offered, or your acceptance of any offers made through the Service or the Publications. For content removal requests, please contact Zinio.