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Microsoft CDR (CAD Hedged)
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Globe says Microsoft's Copilot assisting lawyers

2024-03-04 08:25 ET - In the News

The Globe and Mail reports in its Monday edition that commercial real estate lawyer Sarit Pandya at McCarthy Tetrault needed some grunt work done. The Globe's Robyn Doolittle writes that Mr. Pandya, using a generative artificial intelligence program, banged out a few sentences of instruction and got back exactly what he needed in seconds. Few topics in the legal world are as buzzy right now as AI. Depending on the area of law, AI is either the bringer of doom or a welcome innovation that will improve efficiency within firms. What everyone agrees upon is that AI, particularly generative AI, will be a great disrupter for the legal sector. In December McCarthy launched its generative AI programs across every practice group, region and staff level. The first, ChatMT, is the firm's own version of ChatGPT, but protected within McCarthy's security network to keep client information secure. The second is Microsoft's Copilot system, which lawyers can use to do things such as create a timeline of discussions with a client based on their e-mail history, generate a PowerPoint deck using uploaded files or prepare a summary of a Teams meeting. The third is CoCounsel, which is what Mr. Pandya used for his contract analysis.

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