X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Corporate legal departments in some of the largest global companies are looking to bring artificial intelligence (AI) in-house. The market for AI tools is heating up with no end in sight, and some former general counsel are moving into AI tech startups, confident that the technology is what the industry needs.

So AI is already changing legal, right? Not entirely. For many, it hasn’t even yet fully arrived. According to Thomson Reuters’ “Ready or Not: Artificial Intelligence and Corporate Legal Departments” survey of  general counsel, attorneys, and other legal professionals across 207 legal departments, most corporate legal teams are not ready to adopt AI in the near future, nor do many understand its application.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

Rhys Dipshan

CT-born, New York-based legal tech reporter covering everything from in-house technology disruption to privacy trends, blockchain, AI, cybersecurity, and ghosts-in-the-machine. Continually waiting for law to catch up with tech. (It's like waiting for Godot, but without the clowns)

More from this author

 

Legalweek Leaders in Tech Awards 2021Event

Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.

Get More Information
 

BenefitsPRO Broker Expo 2021Event

The premier educational and networking event for employee benefits brokers and agents.

Get More Information
 

General Counsel Summit (GCS) 2021Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information
 

General Counsel Summit (GCS) 2021Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information
 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.