What Are Law Experts Saying About AI? Should Your Firm Embrace or Reject It?  

Discover the Answer in This Eye-Opening Analysis 

Introduction 

Since the rise of ChatGPT and other AI tools, law firms across the globe have been asking: 

Should we embrace AI or reject it? 

To shed light on this pressing question, Filevine interviewed one of the world’s leading AI experts, John Rizner, whose insights reveal the disruptive potential of AI—and how law firms can leverage it to thrive. 

AI: The Present and the Future of Law 

AI isn’t just “the future”; it’s already transforming industries worldwide. 

From drafting documents to conducting legal research, AI’s presence in law is undeniable. 

Here’s how widespread it is: 

• 72% of businesses have adopted AI in at least one function (Forbes). 

• AI is expected to contribute a 21% net increase to the U.S. GDP by 2030. 

• The AI market is forecast to grow to $1,339 billion by 2030. 

But popularity doesn’t always equal suitability—especially in a nuanced field like law. 

That’s why Filevine asked John Rizner whether AI is a blessing or a curse for law firms. 

One of his key takeaways? 

“AI is profoundly disrupting the legal industry, and this disruption is poised to fundamentally change the economics of how many law firms operate.” 

In short: AI has the potential to revolutionize your firm—if you know how to use it strategically. 

How to Turn AI Into an Asset for Your Law Firm 

AI’s power lies in its ability to save time, improve accuracy, and boost productivity. But how can your firm harness these benefits? 

Here are three practical ways AI can transform your operations: 

1. Save Time on Routine Tasks 

• Proofreading documents can drain hours of productivity from assistants, paralegals, and lawyers. 
• AI tools can handle these repetitive tasks in seconds, freeing your team to focus on higher-value work. 

2. Enhance Risk Assessment

• Keeping up with regulatory changes is a challenge for every law firm. 
• AI can track changes in corporate governance and legal regulations, ensuring your firm stays compliant without dedicating excessive time and resources. 

3. Improve Document and Process Efficiency 

• Automate document comparison to quickly identify inconsistencies, errors, or missing elements in contracts and legal analyses. 
• AI-powered tools streamline workflows, helping your team work smarter—not harder. 

AI Is More Than a Tool—It’s a Game-Changer 

Still not convinced? Here are some additional stats that demonstrate AI’s transformative potential: 

• 64% of businesses expect AI to significantly increase productivity. 

• AI is projected to grow at an annual rate of 36.6% from 2023 to 2030. 

Why Your Firm Needs AI Experts  

AI is like any other tool—it’s only as effective as the people who wield it. 

To fully unlock AI’s potential, your firm needs professionals who understand its intricacies and applications. 

At Inimble, our AI specialists empower law firms to: 

• Leverage cutting-edge AI technologies tailored to the legal industry. 

• Maximize efficiency while minimizing costs. 

• Stay ahead of competitors by embracing innovation. 

Ready to Elevate Your Firm with AI?

The time to act is now. Firms that adopt AI strategically today will lead the legal industry tomorrow. 

Let Inimble help you transform your firm into an AI-powered powerhouse. 

👉 Book Your FREE Consultation Today 

See firsthand how we can revolutionize your operations. 

• Visit: www.inimble.com 

• Email: info@i-nimble.com 

Original article: AI in Law: An Expert Shares the Secrets to Getting It Right