Peter Duffy
In this episode, Ted sits down with Peter Duffy, CEO of Titans, to discuss the evolving role of AI in the legal industry. From the challenges of measuring ROI to the hype surrounding AI adoption, Peter shares his expertise in legal innovation and strategic implementation. Highlighting the importance of starting small and building trust in AI tools, this conversation offers valuable insights for professionals utilizing legal tech every day.
In this episode, Peter shares insights on how to:
- Navigate the challenges of AI adoption in law firms.
- Measure ROI effectively for AI implementations.
- Identify practical use cases for generative AI in legal departments.
- Balance risk and reward in introducing AI solutions.
- Build trust and manage expectations for successful AI integration.
Key takeaways:
- Many law firms are still in the experimentation phase with AI.
- Measuring ROI for AI remains a significant challenge in the legal industry.
- Starting small and focusing on specific use cases leads to better outcomes.
- Law firms are shifting their view of technology from a cost to a strategic investment.
- Building trust in AI tools is critical for long-term adoption and success.
About the guest, Peter Duffy:
Peter Duffy is the founder and CEO of Titans, a boutique consultancy specializing in legal tech and AI for top legal service providers. With a background in building market-leading digital products at Deloitte Digital, Peter now helps technology executives and innovation leaders navigate the legal tech landscape and execute strategic roadmaps. He also authors the LegalTechTrends newsletter, providing insights on legal tech and AI to nearly 3,000 readers.
“People are often very bad at predicting the future, especially if it’s new technology which they may not fully understand or comprehend the potential impact.”– Peter Duffy
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