In this episode, Marcia and I explore the fascinating intersection of law, business, and technology. Discover why personal branding and building relationships are key to success in the legal profession.
Marcia Narine Weldon is a professor and the Director of the Transactional Skills Program at the University of Miami School of Law, general counsel of a startup, and the co-chair of the governance committee of the Women’s Fund of Miami-Dade. More watch/listen options here.
“The technological tides are turning, and with them, the practice of law is set to be revolutionized. Artificial intelligence, with its unparalleled speed, unerring accuracy, and unflappable consistency, will redefine the contours of legal service delivery. Given these seismic shifts, the legal profession’s standard of care is on the cusp of a significant evolution.” -Mitch Jackson
The Legal Standard of Care is Changing
Envision a new era where artificial intelligence revolutionizes the legal profession, promising unprecedented speed, accuracy, and consistency. AI’s capability to automate tasks, process vast data, and deliver consistent outcomes hints at a future where these tools aren’t just advantageous—they’re necessary.
As legal issues tied to AI and technology multiply, I believe the standard of care for lawyers will soon mandate AI proficiency. The legal fraternity must therefore understand and embrace this digital transformation to continue providing competent legal counsel in our increasingly tech-dominated world.
As mediators, we navigate the complex terrains of human emotions, intentions, and conflicts, striving to foster an atmosphere of understanding, respect, and resolution. In our modern world, we’ve found an unexpected ally in this endeavor – artificial intelligence. We’re learning to leverage the profound capabilities of AI platforms like ChatGPT to build plans and strategies that enhance our effectiveness as mediators.
Active Listening: Echoes in AI
Effective mediators are superb listeners, attuned not just to the words spoken but the stories they reflect. AI can’t intuit emotions or discern the subtleties of human communication like we can. However, it can analyze vast amounts of textual data and extract valuable insights. By feeding conversation transcripts through AI like ChatGPT and other platforms, we can find recurring themes and critical points that warrant deeper examination.
The first attorney represents humanity. His job is to stop AI dead in its tracks and save the world. The second attorney represents artificial intelligence. Her goal is to protect AI and allow it to develop and improve. She believes AI will save the human race.
Listen up, because I’ve got some tough love to give: it’s time to face the music and accept the fact that writing creative and effective AI prompts is interesting, but it’s not the secret weapon to find success.
Sure, everyone and their brother is jumping on the bandwagon and learning how to do it. But here’s the real kicker – relying solely on this skill won’t set you apart from the competition in the long run. With new apps and services, creating prompts is being democratized in real-time right before your eyes.
If you want to stand out and make a lasting impact, you need to think bigger. It’s not enough to just be able to generate AI prompts with ease – pretty soon, that’ll be as commonplace as sliced bread. You need to focus on how you can leverage AI in your business and your life in truly innovative and transformative ways. That’s the key to staying ahead of the game, making a real impact, and finding success.
AI is the tool. Taking massive action using this tool is what’s going to separate you from everyone else. This mindset as it applies to AI, web3 and the metaverse is what I focus on in each issue of my Monday LinkedIn newsletter.