05/05/2023
It’s already a week since Future Lawyer Week UK and one thing is for sure:
“Digitising corporate legal has never been higher on the agenda than right now”.
A few take-aways we want to share from FLW: ☺️📢
- Innovation and Generative AI is on everyone’s lips.
- There is a strong need for an assessment, what’s your use case? (except for just wanting to use new tech such as ChatGPT)
- Knowledge managers are acting as bridges between legal practioners and tech/IT.
- We need to start with the problem, then we go through the people and process, lastly, we choose the technology (Problem-People-Process-Technology), not the other way around.
- The ones embracing new technology will be the ones surviving.
- It will be the relationships that differentiate one company from another ("make things human again"), as we will all be using AI and technology.
- ChatGPT will not replace the judgment of lawyers, it will increasingly facilitate the job of one.
- Technology allows us to bring justice to people in better ways and to reduce the barriers of going through large and complex documentation.
- Confidentiality and ethical statements with clients are crucial (to ensure client and sensitive data are not uploaded into solutions such as ChatGPT)
To summarize;
- Technology is a huge accelerator to the use of information. The users will be able to tell what looks most relevant and get more accurate information faster. The new technology will act as an extra pair if eyes, we need to control it and then apply the human brain on top of that.
- The utilization of technology greatly enhances the accessibility and retrieval of information. It empowers users to quickly identify relevant data and obtain more precise results with increased efficiency. However, it is important to acknowledge that technology should not replace human cognition, but rather augment it. As such, we should take charge of its application and combine its capabilities with our own cognitive abilities to achieve optimal outcomes.
Lastly, a huge thanks to the Ayfie team for making this a huge success 🤗🙏, and to Cosmonauts for putting together such an inspiring and insightful event, filled with amazing speakers, sessions and attendees. We are looking very much forward to next year and the great collaboration with Timo, Megan, and the rest of their team 😉🌟