Building Your Legal Practice’s AI Future: Beginning with Strategy and People

In our latest blog post, we explore the implications of Generative AI on law firm profitability, focusing on how AI-driven efficiency may challenge traditional billing models. Toby Brown dives into the complexities of AI’s impact on non-partner hours and leverage, revealing how AI could reduce the profitability of tasks traditionally handled by associates. The analysis highlights the importance of adapting business models and leverage strategies to mitigate potential financial drawbacks as AI technology becomes more integrated into legal practice. If you're concerned about how AI might affect your firm’s bottom line, this insightful piece is a must-read.