AI Is Poised to Run the Legal Workflow Pipeline (Full Transcript)
[00:00:00] Speaker 1: We are moving away from this idea that value is generated from the extended professional expert effort of human lawyers who carry out various legal tasks, which result in outcomes which are then sold to clients. I think that that task performance, that value production is increasing going to be not just assigned to AI, but AI is going to become kind of the conduit, like the workflow will be more or less operated by an artificial intelligence system.
- Legal value may be less tied to billable human expert labor and more to outcomes produced through AI-enabled processes.
- AI is expected to move beyond assisting with tasks to orchestrating end-to-end legal workflows.
- Law firms and legal departments may need to redesign roles, processes, and pricing models around AI-operated workflows.