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A recent study commissioned by Relativity reveals a significant rise in generative AI adoption within the legal sector. The IDC InfoBrief, Generative AI in Legal 2024, highlights that 69% of legal professionals anticipate increased use of generative AI for legal tasks over the next two years. The study surveyed a diverse group of legal professionals across multiple countries, uncovering trends and motivations behind this technological shift.
The primary reasons for adopting generative AI include automating basic tasks and achieving cost savings, with 58% of respondents citing automation as a key benefit. Despite the enthusiasm for AI, concerns about data privacy and the potential loss of sensitive information remain prevalent among legal teams. The findings suggest that while generative AI will enhance efficiency, it will not replace human legal professionals in the near future.
• 69% of legal professionals expect increased generative AI use in two years.
• 58% cite automation of tasks as a primary reason for AI adoption.
Generative AI refers to algorithms that can create new content, such as text or images, based on input data.
AI governance involves establishing policies and frameworks to ensure ethical and responsible use of AI technologies.
Data privacy concerns relate to the protection of sensitive information from unauthorized access or breaches.
Relativity develops software solutions that help legal professionals manage data and streamline legal processes.
IDC is a market research firm that provides insights and analysis on technology trends, including AI in the legal sector.
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