I recently discovered how some people are projecting that AI will transform the work of corporate counsel. Yes, there are several on how it will transform the work of the law firms, but I am concerned right now with its use by in-house attorneys.
Here is one article that explains the massive productivity and effectiveness gains when AI is used intelligently. It tells us:
The adoption of generative artificial intelligence (Gen AI) tools in corporate legal departments increased sharply in 2024, with 44% of in-house legal leaders reporting they are now using Gen AI (up from 28% a year ago), according to a March 2025 survey by FTI Consulting.
“Most general counsel have indicated openness to using AI in nearly every major legal application,” reported Law360®. “One reason behind the increase in comfort with AI might be that general counsel are better prepared for AI risks.”
The opportunities are real and very significant.
They merit serious consideration by every legal team, and the CFO (among others) should be pushing hard for the careful adoption of AI for multiple functions such as contract drafting, document review (including for revenue recognition compliance purposes), and research into changes in government regulations and case law.
But the risks are also significant.
What scares me is that the…
