LTH Insights for Law Firms/THE LLM CONUNDRUM: TO BUILD OR NOT TO BUILD?

The LLM Conundrum: to Build or Not to Build?

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Since early 2023, the legal industry has been awash with press releases and we’ve seen activity from law firms different from what we’ve ever seen before. Although there are firms that have made no move in relation to generative AI or large language models, most large firms have at least communicated with their lawyers about ChatGPT (one way or another), and many have pulled together a committee, a taskforce, or some other group in order to plan for their approach to what many are calling an inflection point in legal technology.

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