Patent Prosecution’s Fatal Asteroid: Why Law Firms Shouldn’t Wait for AI’s Full Impact
Given the recent proliferation of artificial intelligence patent drafting technology, some in the legal services industry are asking whether AI is the patent profession’s “ultimate bad day.”
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“Extinction was simply proof of failure to adapt”notes Michael Crichton in The Lost World, law firms still have time to adapt to the impact of AI.
The situation draws parallels with the dinosaurs’ ultimate bad day posited by Nobel Prize-winning physicist Luis Alvarez in 1980.
Author summary: Law firms must adapt to AI's impact.
- AI patent drafting technology is proliferating.
- Law firms are at risk of being left behind.
- Adaptation is key to survival in the industry.