Leading-Edge Law: Is ChatGPT ready to make legal services cheaper?
Can ChatGPT, as it currently exists, make lawyers more efficient and, thus, less expensive?As you probably know, it's a generative artificial intelligence chatbot. It can crank out authoritative-sounding, well-written processes.It also sometimes says crazy things. In a recent experiment using ChatGPT through the Microsoft Bing search engine, it expressed desires to steal nuclear codes, start a pandemic and be alive.I've experimented with it and read other lawyers' reviews. It isn't ready for legal prime time. But the day will come, perhaps soon, when it or another AI will be a critical companion to practicing law cost-effectively.What lawyers do depends upon their specialties. Still, most kinds of legal practice involve drafting correspondence, performing legal research, writing memos and briefs, drafting legal instruments such as contracts, doing fact research, brainstorming legal theories,…