Law firms seek AI edge with new executive hires
Ropes & Gray, a prominent law firm, has appointed Gretchen Greene as its first chief of AI strategy, marking a significant step in the legal industry's embrace of artificial intelligence. Greene, a lawyer-scientist previously with Meta Platforms, will collaborate with the firm's chief information officer to enhance AI initiatives and deliver measurable value to clients. This move reflects a broader trend among law firms to hire executives in newly created AI and data science roles, especially since the rise of technologies like OpenAI's ChatGPT. Firms are increasingly recognizing the potential of AI to transform legal research and drafting, potentially reshaping the industry's reliance on junior lawyers. Ropes & Gray is also investing in AI training for its associates, allowing them to allocate a portion of their billable hours to develop essential skills in this evolving field.
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