It’s logical that this breakthrough, I would say fulminant, creates a regulatory need and in this context ethical and regulatory challenges arise, first and foremost in relation to the use and/or sharing of data.
Another issue that I cannot fail to mention is the impact of using these tools on the setting of fees and, in this area, opinions are not unanimous, because while there are those who believe that fees can increase significantly through the use of technology, firstly because of the investment made in its development, Sean Fitzpatrick, CEO of LexisNexis, believes that AI could significantly increase the fees of senior lawyers, potentially reaching US$10,000 per hour in the next decade, due to the improvement in the quality and efficiency of the work provided by the technology. I note that my opinion is closer to the latter. And in this vein, another question that arises is the training model for junior lawyers, which I’ll leave for another debate.
To sum up, Legalweek 2025 highlighted the transformation that AI is bringing about, offering opportunities to increase efficiency and improve the delivery of legal services, but it also emphasised the importance of addressing ethical and regulatory challenges to ensure the responsible integration of technology in the legal sector.
Translated with DeepL.com (free version)