A recent report from FTI Consulting and Relativity reveals a striking shift in the legal industry, with 44% of legal departments now utilizing generative AI, a significant rise from previous years. Insights from interviews and surveys highlight that 65% of legal departments intend to invest in new technology, with a focus on generative AI. The report uncovers that while enthusiasm for AI grows, 85% of general counsel feel unprepared for its risks. Interestingly, Latin American legal teams show the highest comfort with AI in e-discovery at 86%. Concerns about AI’s viability, reliability, and cost still persist.
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