This is a good article from the The Register about AI and LLMs. I have posted many times about laying strong foundations in your legal tech and process before trying to embrace any AI in your business. It also debunks some of the snake oil being shipped around linked in.. Yes it can pass the bar and we all probably can with a whole load of study but I certainly will never have the experience. What I can do is lend my experience to helping your firm make improvements. A recent project I lead utilised an LLM tool to read mortgage offers from different lenders and use that data elsewhere in the process. The objective here was to reduce human input errors, fee earner touch time and ultimately preparing the file ready for completion quicker. Yes it uses an LLM and is way more accurate than OCR or text stripping etc but the end goal is the same. AA = Accurate Automation I've seen countless advertisements on linked in. Law firm owners are busy people so keep it simple.. "If its repetitive and a human does it now, you can replace that with some software that reads the doc and updates your system". Or the Linked In - Sales Person Post: "Imagine having a super-smart assistant who never sleeps, gets tired, or makes mistakes. This is what our cutting-edge RPA technology, powered by an advanced AI language model, offers. It's like having the brain of a genius at your fingertips, ready to automate and streamline your business processes with unparalleled efficiency and accuracy. This AI isn't just smart; it's like having Einstein helping you out, but without the need for a coffee break. It learns from your needs, adapts to your specific business requirements, and consistently improves over time. This isn't just technology; it's the future of business, available today." *Disclaimer AI wrote this, thinks very highly of itself... can AI have an Ego? https://lnkd.in/eAbFgh4Y
