Law360 Pulse interviewed Techshow attendees and speakers about whether law firms will need fewer lawyers with the advent of AI tools. The overwhelming answer: Yes, law firms will need to hire fewer lawyers with AI.
Overall, they agreed in-house legal teams will use AI tools to handle some work internally, while continuing to rely on outside counsel for more complex work or larger projects.
Jasmine Singh, general counsel at contract management software company Ironclad Inc., told Law360 Pulse that AI can help in-house teams be better prepared when they go to outside counsel.
"The question isn't necessarily how do in-house counsel, AI and outside counsel compete with one another. It's rather, how do we leverage each one of them to do the best thing that they're specialized for?" she said.
Watch the video to hear Singh and other legal leaders share their perspectives on what effect in-house counsel using AI will have on law firms.
--Editing by Brian Baresch.
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