Generative AI is prompting legal professionals worldwide to rethink service delivery models and client expectations. Over the past 18 months, the rapid evolution and acceptance of Generative AI have moved beyond the hype, demonstrating tangible benefits. Organizations that embrace this technology are experiencing measurable, and often dramatic, improvements in efficiency and effectiveness.

One of the key steps in harnessing the power of Generative AI is organizing your data. Every organization has unique needs and goals, making it crucial to understand these as a fundamental step in adopting this revolutionary technology. A proper plan is essential to avoid adopting the wrong tools and use cases, which can incur significant opportunity costs. This is where a comprehensive assessment comes into play.

Assessing your AI needs involves achieving a thorough understanding of your current state and creating a roadmap for effective AI adoption. The benefits of a well-executed assessment are impressive, including:

• Insights into how AI can support and align with your business strategy.
• An understanding of the potential challenges of AI adoption and the best strategies for mitigating those risks.
• More cost-effective AI solutions tailored to your specific business needs, maximizing your ROI.
• A competitive advantage by leveraging AI for innovation and efficiency, positioning your organization as an industry leader.

Adopting AI goes beyond selecting the right technology; it’s also about harnessing your data. Achieving data centricity is critical, as it allows Generative AI to leverage your existing data to provide valuable insights, powering smarter decision-making. What used to take days to understand can now be comprehended in minutes.

At Morae, we offer expert-led readiness assessments that include current state analysis, opportunity identification, strategic roadmapping, risk assessment, and AI solution recommendations. Our library of proven use cases and partnerships with leading technology providers ensure that our clients are not starting from scratch, significantly reducing time to value.

Starting your AI journey is a big decision, but it’s one that should not be delayed. Likely, your competitors are already considering it, so you should too. Reach out to us for an initial consultation and take advantage of our pre-assessment checklist to understand the many important factors to consider when adopting AI.

Ask us about joining our Use Case Development Program to engage with Morae experts and technology partners on developing new and innovative use cases. This program offers access to our Use Case Exploration Framework and Environment, helping you assess your needs, see examples of proven use cases, and develop the right solutions for your organization.

Learn more at morae.com.

As discussed by Robin Snasdell and Murtuza Vohra in a recent Morae podcast.