Generative AI is gradually discovering its location in the U.K. legal market, with numerous attorneys bracing for the effect it will have on their customer relationships and organization operations, according to “Generative AI and the future of the legal occupation” report by LexisNexis.
The report, a study of over 1,000 attorneys in the U.K., carried out from May 24 to June 6, 2023, discovered that numerous in the U.K. legal market are paying very close attention to the unique innovation. A broad bulk, 87%, of study participants have actually become aware of generative AI, while nearly half (46%) think it will have some effect on the practice of law, and over a 3rd (38%) see it having considerable effect. In addition, a minority, 11%, forecast its effect will be transformational.