‘Why Using AI In Our Practices Allows Us To Go Home To Our Families Earlier ! ’
AI is not something in the future, it’s NOW, and AI literacy is an absolute, even urgent, priority for all lawyers. Before deciding on what AI tool to use in your own practice, in this video we get a valuable understanding of how AI is being designed, built and used specifically for and by lawyers, and why AI tools (“agents”) will not replace lawyers, but rather should work collaboratively with us and feel like an interactive co-worker.
The speaker shares his insider experience building AI products for the legal profession and how to address areas like user-experience, and getting lawyers’ trust to use their software. Importantly, he explains that industries like law firms don't need AGI (Artificial General Intelligence, a hypothetical form of advanced AI that aims to replicate the full range of cognitive abilities of the human brain) or even the latest and greatest models, we need products that augment our existing workflows so we can better serve our clients and make it home earlier for dinner!
Topics Covered Include:
00:16 - Intro
00:54 - What exactly does Harvey do?
01:16 - Specific use cases for legal and professional services
02:39 - Selling to law firms and professional services
06:23 - Labor replacement or co-pilot model?
07:59 - What does the agentic work-flow actually look like?
09:29 - How do law firms think about charging? Business model and pricing
10:43 - UI / UX - How enterprises meaningfully get value out of AI products and services
12:27 - Expanding into other industries, beyond legal and professional services
14:53 - What do you mean when you say, ‘custom models’?
15:50 - Trust and data security
18:31 - What is your philosophy around building applied AI products?
19:37 - What is an AI native UX
20:34 - What is the actual UI?
22:04 - What does it look like in practice for lawyers?
23:25 - Do we know what the best AI native UI/UX experience is?
25:43 - Let’s talk about the infrastructure under the hood
27:00 - How easy is it to swap a model?
27:43 - Evaluation
31:13 - What are your thoughts on the new Open AI reasoning models?
32:30 - How are you defining ‘unit of work being done’?
33:47 - Do you want to build your own foundation model?
34:28 - Do you view foundation models as competitors?
36:32 - AI zeitgeist vs. enterprise
39:09 - How do business and staffing models need to adapt?
40:33 - Predictions for the future / Finding Value / ROI
Speaker
Aatish Nayak, head of Product Development at Harvey, one of the leading application layer AI companies, building domain-specific AI for law firms, professional service providers, and the Fortune 500.
Category of CPD: | Category B / A |
Duration: | 0.75 Hours |