Haynes and Boone, LLP Partner Dan Malone joined a roundtable with Law Week Colorado to discuss a number of topics, including the unique challenge and opportunity artificial intelligence presents to the legal industry, with some firms adapting or investigating the technology for use in practice work, while others are putting policies in place that limit the use of AI systems to only specific kinds of tasks or for specific non-attorney roles.
"If you’re not thinking about it or planning for it, I do think you’re behind right now, but we have a policy not to incorporate AI into our legal work," Malone said. "We have a whole team of partners and our tech team that rolls this out for the whole firm to use it in certain applications, but not for legal work."
Malone added, "The economy always is top of mind, right? We had such a boom after COVID for all practice groups that now interest rates are high. There’s an election coming up. A lot of people, just as Chris said, like certainty in what they’re doing, and we’re seemingly operating in a corporate environment where there’s nothing but uncertainty. And so whether that fuels certain practice groups going forward — our litigation groups, our restructuring groups, have been kind of gangbusters. I don’t know what the next half of the year holds, but I know there’s going to be lots of excitement and fireworks, whatever side of the equation you’re on."
To read a full transcript from the roundtable with Law Week Colorado, click here.
