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Prediction: Legal Professionals: AI will remain high on the opportunity/risk spectrum

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In last year's predictions, we mentioned the developing impact of AI in the legal sector and the opportunities and risks that come with it. One year on, this remains highly topical, reflected in an updated Law Society Guidance Note issued in August 2024, and a Law Society Gazette roundtable report in September 2024. The Law Society is calling for a 'balanced' approach to reflect that there are both risks and opportunities, in response to the UK Government's pro-innovation approach. The momentum is increasing and fears have been expressed about a two tier landscape, with smaller firms being unable to offer the tech-savvy solutions demanded by increasingly sophisticated clients. Technological advances are nothing new, but the use and misuse of AI will be a recurring theme for the profession over the next 5-10 years.

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