Legal firms in Asia grapple with GenAI adoption

GenAI is demonstrating benefits in drafting processes, yet it requires manual gatekeeping to ensure accuracy and privacy, according to senior lawyers; investments are also pouring into the area.

As advisors to the financial services sectors, lawyers are responsible for dealing with ever-changing regulatory and compliance issues on behalf of their clients, whether during regular business operations, or landmark transactions on the capital markets.

While discussions around artificial intelligence AI and generative AI GenAI heat up across different sectors, its adoption in the legal industry will take different paths, given the nature of the job’s high requirements around accuracy and rigour.

Use cases

London-headquartered law firm Ashurst recently conducted a trial of a GenAI application within the organisation, spanning across its 23 global offices. One of the key findings of the...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222