Artificial intelligence isn’t a distant prospect, it’s a speeding train leaving the station. In-house legal departments that hesitate on AI adoption risk watching competitors pull ahead. , a clear signal that this shift is more than just hype.
, and . Early adopters are using AI to close deals faster and scale operations, leaving slower movers behind.
Falling behind competitors: If others use AI to automate contracts or run predictive analytics, they’ll resolve matters faster and at lower cost. Those who wait could face .
Unprepared for internal demand: Executives and internal clients will soon expect the legal team to deliver answers and draft documents at AI speed. Without these tools, legal departments may become overwhelmed, struggling to meet demand and risking their credibility.
Missing budget windows: . Wait too long and you may miss your annual budgeting opportunity.
Less favourable pricing: Early adopters often lock in better pricing. As demand increases, latecomers could face higher costs and less flexible contract terms. Acting early gives your team more leverage and helps avoid the late-adopter tax.
Modern legal leadership means being tech-savvy and proactive. Adopting AI isn’t just an upgrade, it’s a strategic evolution. General counsel who take action now will not only increase efficiency, they’ll future-proof their departments and strengthen their influence as strategic partners.
The time to act is now. Don’t let your legal team be left behind when the AI train departs.
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