Generative AI is evolving so rapidly and surrounded by so much hype that it’s difficult to separate truth from fiction. To understand progress in legal AI — and to keep companies in the legal tech space honest — it helps to have a structured framework to understand what’s happening in the space. Here are five pillars that might help you chart the progress of this technology.
2024: smart enough
In 2024, AI is smart enough to extract insights from legal documents, allowing AI to take on the role of a partial administrative assistant and allowing legal professionals to cut down the time taken to put together documents.