As companies have raced to embrace artificial intelligence tools, the legal pitfalls have become one of the hottest issues for general counsels to handle. But lawyers insist that many legal maxims — from client privacy to absolute accuracy — endure in the AI era.
Until recently, lawyers showed little concern for AI. Thomson Reuters polled corporate legal departments in 2017 and found many people were unfamiliar with the software and not too interested in trying it.
With the advent of ChatGPT, launched last November, companies have incorporated AI tools into their products, putting pressure on in-house lawyers to get up to speed with how the technology works in order to manage potential problems, in areas such as intellectual property.