Utilizing Artificial Intelligence in Bankruptcy Practice: Key Ethical Considerations | Practical Law
While artificial intelligence (AI) has existed in some form for decades, its scope and application have expanded rapidly in recent years. For example, breakthroughs in generative AI technologies using large language models (LLMs), like ChatGPT, have been made possible by increases in computing power, improved algorithms, and the accessibility of large volumes of data. Attorneys are increasingly using AI tools to boost efficiencies and reduce costs when performing certain legal tasks including legal research and writing, contract management, and E-discovery.