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Gen AI has arrived for legal — So what does that mean for the bottom line?
Manage episode 423052229 series 2406437
Content provided by Thomson Reuters Institute and Thomson Reuters Institute Insights podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Thomson Reuters Institute and Thomson Reuters Institute Insights podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Generative artificial intelligence (GenAI) is set to make a splash in the legal industry, but its introduction not only raises practice of law questions — it’s set to have a major impact on billing and pricing practices. On this week’s episode of the Thomson Reuters Institute (TRI) Insights podcast, Bill Josten and Zach Warren, both of TRI, examine GenAI’s impact on legal billing, including why we’re not seeing the impact on time sheets yet quite yet (but will soon), whether GenAI will finally be what kills the billable hour, and if a $1 million legal problem now takes 15 minutes to solve, where does all that value go?
173 episodes
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Manage episode 423052229 series 2406437
Content provided by Thomson Reuters Institute and Thomson Reuters Institute Insights podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Thomson Reuters Institute and Thomson Reuters Institute Insights podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Generative artificial intelligence (GenAI) is set to make a splash in the legal industry, but its introduction not only raises practice of law questions — it’s set to have a major impact on billing and pricing practices. On this week’s episode of the Thomson Reuters Institute (TRI) Insights podcast, Bill Josten and Zach Warren, both of TRI, examine GenAI’s impact on legal billing, including why we’re not seeing the impact on time sheets yet quite yet (but will soon), whether GenAI will finally be what kills the billable hour, and if a $1 million legal problem now takes 15 minutes to solve, where does all that value go?
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Similar to Thomson Reuters Institute Insights Podcast
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