DiscoverBE THAT LAWYERJared Correia: From Hesitation to Integration: AI's Role in Transforming Law Firms
Jared Correia: From Hesitation to Integration: AI's Role in Transforming Law Firms

Jared Correia: From Hesitation to Integration: AI's Role in Transforming Law Firms

Update: 2024-12-12
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In this episode, Steve Fretzin and Jared Correia discuss:

  • The evolving role of AI and technology in legal practices
  • Common obstacles lawyers face with adopting and implementing tech solutions
  • Strategies for improving law firm efficiency and productivity
  • Trends in business development and billing models

 

Key Takeaways:

  • Lawyers hesitate to adopt AI due to risk aversion and limited tech savviness, but starting with free tools like ChatGPT can ease the transition.
  • Flat fee billing models align with AI efficiencies, as ethical guidelines discourage charging for time saved through automation.
  • AI tools like Microsoft Copilot and Google Duet AI reduce time on repetitive tasks, allowing lawyers to focus on strategic work.
  • Large firms often beta-test AI in specific practice groups, while smaller firms use off-the-shelf or custom solutions.

 

"I have found that most attorneys...it's a talent acquisition problem these days, not a work acquisition problem. They need to find more lawyers to do the work—another way to look at it is, maybe we need more technology to do the work and deploy that." —  Jared Correia

 

Got a challenge growing your law practice? Email me at steve@fretzin.com with your toughest question, and I'll answer it live on the show—anonymously, just using your first name!

 

Thank you to our Sponsors!

Rankings.io: https://rankings.io/

Rainmakers Roundtable: https://www.fretzin.com/lawyer-coaching-and-training/peer-advisory-groups/

 

Episode References: 

The Rest Is History Podcast: https://podcasts.apple.com/us/podcast/the-rest-is-history/id1537788786

 

About Jared Correia: Jared D. Correia, Esq., a former practicing lawyer, has been a business management consultant for law firms since 2008, working with thousands of firms globally, from solo practices to Big Law. An internationally recognized legal technology expert, he is the founder and CEO of Red Cave Law Firm Consulting, serving lawyers directly and through bar associations. Correia has hosted The Legal Toolkit podcast since 2009 and The NonEventcast podcast for Above the Law. He also contributes to the NonEvent legal technology hub, presents for legal organizations, and writes for law firm business management publications.

 

Connect with Jared Correia:  

Website: https://www.redcavelegal.com/

Email: jared@redcavelegal.com

LinkedIn: https://www.linkedin.com/in/jaredcorreia/ & https://www.linkedin.com/company/red-cave-legal/

Twitter: https://x.com/jaredcorreia & https://x.com/RedCaveLegal

 

Connect with Steve Fretzin:

LinkedIn: Steve Fretzin

Twitter: @stevefretzin

Instagram: @fretzinsteve

Facebook: Fretzin, Inc.

Website: Fretzin.com

Email: Steve@Fretzin.com

Book: Legal Business Development Isn't Rocket Science and more!

YouTube: Steve Fretzin

Call Steve directly at 847-602-6911

 

Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. 

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Jared Correia: From Hesitation to Integration: AI's Role in Transforming Law Firms

Jared Correia: From Hesitation to Integration: AI's Role in Transforming Law Firms

Steve Fretzin