ANALYSIS: Will ChatGPT Bring AI to Law Firms? Not Anytime Soon.

Since ChatGPT's launch last month, the newest chatbot model from artificial intelligence research non-profit OpenAI has been touted as "sophisticated" and even "magical." The chatbot is a major stepping stone in generative AI, and likely has significant practical uses for legal professionals. But what do lawyers need to know about it before they can harness its potential? Most attorneys who responded to Bloomberg Law's most recent Legal Ops & Tech Survey feel that harnessing legal tech is important to meet the demands of their clients. However, advanced AI models such as ChatGPT come with challenges that many attorneys likely don't know about or haven't thoroughly considered.