An Attorney’s Take on AI: “Learn It, Use It”
Attorney – and LawGPT subscriber – William McDermet recently sat down with us to discuss the evolution of AI in the legal realm. With a practice rooted in consumer protection and a knack for e-Discovery, Mr. McDermet explores the potential hazards and the tremendous benefits of the legal application of AI… and what the […]
How LawGPT Levels the Legal Playing Field
In 2024, the U.S. legal service market size is just under $400 billion, with a projected growth of 2.5% through 2030. While small, medium, and large law firms are responsible for these numbers, small and medium firms emerged, surprisingly, as the dominant contributors. According to Grand View Research, the small firm segment held the largest […]
55% of Attorneys Are Worried About AI: Why?
Given negative use case pitfalls early on, accuracy concerns, and grey areas surrounding client confidentiality, it’s no surprise that legal professionals have been hesitant to lean into the rapidly evolving world of AI. In fact, according to Law.com, a 2023 survey showed 55% of attorneys considered themselves “worried” about the use of AI within their […]
LawGPT vs. ChatGPT: What’s the Difference?
After the launch of Open AI’s ChatGPT in 2022, a seemingly endless world of opportunity opened for legal professionals. Since then, a world of skepticism has similarly emerged. Legal professionals quickly learned utilizing ChatGPT to ingest confidential and proprietary information created a host of issues – and profound legal implications. The American Bar Association has […]
