What You Need to Know
- While some legal industry observers have expressed concerns over AI's effect on revenue, others view AI use as promising for firms to get more lucrative work and additional engagements.
- Artificial intelligence use in legal work can enable lawyers to focus on more quality, human-driven work, a hallmark of the profession.
- Experts note that AI tools in the legal industry can create opportunities for scalable, passive income generation.
Scott Meyers, CEO of Am Law 100 firm Akerman, isn't worried that artificial intelligence is going to upend the legal industry’s long-established revenue model. He's seen disruptive technology arrive before.
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