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Today's episode, we're discussing the intersection of law and artificial intelligence with our esteemed guest, Thomas J Daley. Thomas is a board-certified family law attorney from Texas, a former high-frequency trading software developer, and an innovator with a keen interest in leveraging technology to improve legal services.
In this episode, Thomas shares fascinating insights and first-hand experiences about the evolving role of AI in the legal industry. We'll discuss an incident where an AI, possibly ChatGPT, generated a legal brief with incorrect case citations, emphasizing the critical need for diligent fact-checking. We'll explore AI's potential to streamline legal tasks like document classification and discovery, along with the ethical considerations crucial for its responsible use.
Thomas will also shed light on the future of AI in law by 2025, ways to bridge the gap between self-represented litigants and professional legal representation, and the importance of gradually integrating technology into legal practices. We'll discuss smart contracts, AI's efficiency in document handling, and his personal mantra of "dream big, start small" for adopting new tech.
Whether you're a legal professional or tech enthusiast, this episode is packed with valuable insights on how AI and large language models are poised to revolutionize the legal landscape. So, sit back and join us for an enlightening conversation with Thomas J Daley on the Pivoting To Web3 Podcast!
About Thomas J. Daley:
Thomas Daley is a board-certified family law attorney who practices throughout Texas and beyond. With an dedication to safeguarding what his clients value most—their relationships with their children, their financial stability, and their reputations—Tom combines a razor-sharp legal acumen with cutting-edge innovation.
Before revolutionizing the practice of family law, Tom was a trailblazer in financial technology, crafting proprietary algorithms for high-frequency trading that earned him over 20 patents worldwide.
Today, he leverages his unique expertise in technology and the law to redefine the legal landscape, harnessing the power of Artificial Intelligence to help attorney's deliver better service at lower cost and is a frequent speaker on the topic to national organizations.
Tom loves answering questions about the behind-the-scenes workings of the legal system and training other attorneys and litigants how to be more effective advocates.
Connect with Thomas J. Daley:
Twitter: https://x.com/famlawyer
Instagram: https://www.instagram.com/mongovlad/
LinkedIn: https://www.linkedin.com/in/tomdaley/
About Donna Mitchell:
Donna Mitchell achieved two impressive careers in her lifetime. She dedicated 24 years to aviation, & US Airways, currently American Airlines, as a change agent, and 16 years with Johnson & Johnson.
Connect with Donna Mitchell:
Podcast - https://www.PivotingToWeb3Podcast.com
Book an Event - https://www.DonnaPMitchell.com
Company - https://www.MitchellUniversalNetwork.com
LinkedIn: https://www.linkedin.com/in/donna-mitchell-a1700619
Instagram Professional: https://www.instagram.com/dpmitch11
Twitter/ X: https://www.twitter.com/dpmitch11
YouTube Channel - http://Web3GamePlan.com
What to learn more: Pivoting To Web3 | Top 100 Jargon Terms
What to learn more: Pivoting To Web3 | Top 100 Jargon Terms
00:00 - Lawyer, formerly software entrepreneur in stock trading.
03:47 - Prioritize human judgment over AI in law.
08:57 - LLMs narrow gap, aiding equitable legal judgments.
11:13 - Efficiency with less; debate on achieving AGI.
13:04 - AI enhances you; legality in law's questioned.
16:28 - Can't trust blindly; requires human oversight.
21:45 - AI excels in human-assisted discovery tasks.
23:59 - LLMs efficiently classify documents, aiding litigation.
26:37 - AI used in judicial decisions raises concerns.
29:35 - AI can't discern reasonable from unreasonable biases.
33:48 - Older leaders must explore and adopt new technologies.
37:38 - Mediator used for unfamiliar real estate transactions.
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