Note: This article is just one of 60+ sections from our full report titled: The 2024 Legal AI Retrospective - Key Lessons from the Past Year. Please download the full report to check any citations.
D. Concerns and Limitations for Biglaw
While AI offers significant advantages for large law firms, its implementation also raises several concerns and limitations that must be carefully addressed:
Challenge: Rapid obsolescence and investment risk
Clifford Chance has addressed this by implementing a global AI Principles & Policy oversight framework that enables best practices in AI adoption and ensures that client consent is sought when solutions are deployed for client work outside the firm's own business operations.[119]
Alex Denne Advisor
