The ABA’s new ethics opinion on lawyers’ use of AI is a must-read, but this episode will give you the key takeaways you need to be aware of. We’ll also discuss the provocative statement in the opinion that “AI can help lawyers predict how judges might rule on a legal question based on data about the judge’s rulings.” Listen now to learn more.
In this episode, you will hear:
- Discussion on the ABA ethics opinion’s claim that AI can predict judicial rulings, despite skepticism due to lack of cited authority.
- Exploration of the ethical challenges lawyers face when integrating generative AI tools into their practice.
- How AI is transforming tasks like electronic discovery, contract analytics, and due diligence in mergers and acquisitions.
- Examination of Rule 1.1 (duty of competence) and Rule 1.6 (duty of confidentiality) with practical tips for staying updated and protecting client information.
Resources from this Episode
- ABA Formal Opinion 512 (Generative Artificial Intelligence Tools)
- My LinkedIn post about the ABA Opinion (please join the discussion)
- Allie K. Miller’s course on using GenAI
- My Inner Circle (online community of lawyers)
General Resources
- Click for a list of the Best Tech Tools for Lawyers
- Subscribe to: The 80/20 Principle
- Check out my Law Firm Systems Intensive
- Join: ‘80/20 Inner Circle‘ (valuable business insights for small firm owners)
- Read: The 80/20 Principle: The Secret of Achieving More with Less, by Richard Koch
- Get my new email course: ChatGPT for Lawyers (it’s free)
Show Notes
- Check out my Law Practice Assessment if you want to improve your practice. (answer a few questions and then get specific recommendations for improvement in 5 key areas).
Thanks to Our Sponsor
Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you’re actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish.
If there’s one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of.
Plans start at $210/month for 30 calls and pricing starts at $140 for 20 chats, with overage at $7 per chat. They offer a risk-free start with a 14-day money-back guarantee on all receptionist and live chat plans including add-ons (up to $1000).
And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a risk-free start with a 14-day money-back guarantee now (and learn more) at smith.ai.
EPISODE CREDITS:
If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment.
He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world.
Find out more at EmeraldCity
Discover how to transform your law practice with this free guide.