Ropes & Gray just brought on Gretchen Greene from Meta to run their AI strategy as chief of artificial intelligence strategy. Greene used to handle AI rollout for Meta's policy and legal squads, and she actually started her career as a tax attorney at Ropes & Gray before jumping into tech. The Boston-based firm has over 1,500 legal professionals globally, and they're letting first-year associates burn about 20 percent of their billable hours just messing around with AI tools.
The firm already uses Hebbia's AI-powered software for document review and data crunching during deals. Other big firms like Akin and McDermott are hiring similar AI chiefs, while Linklaters recently built a 20-lawyer AI team to train everyone else on the tech.
Legal tech experts think this trend is gonna explode since firms need to figure out how AI fits into the billable-hour model when the whole point is making work faster and cheaper.
The firm already uses Hebbia's AI-powered software for document review and data crunching during deals. Other big firms like Akin and McDermott are hiring similar AI chiefs, while Linklaters recently built a 20-lawyer AI team to train everyone else on the tech.
Legal tech experts think this trend is gonna explode since firms need to figure out how AI fits into the billable-hour model when the whole point is making work faster and cheaper.
