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Generative Artificial Intelligence and Revolution of Market for Legal Services

Author

Listed:
  • Bruno Deffains

    (Université Paris Panthéon Sorbonne
    CRED)

  • Frédéric Marty

    (Université Côte d'Azur, France
    GREDEG CNRS)

Abstract

The implementation of generative artificial intelligence in legal services offers undeniable efficiency gains, but also raises fundamental issues for law firms. These challenges can be categorised along a broad continuum, ranging from changes in business lines to changes in the competitive environment and the internal organisation of law firms. This paper considers the risks that law firms face in terms of both the quality of the services they provide and perceived competition, both horizontally and vertically, considering possible relationships of dependency on suppliers of large language models and cloud infrastructures.

Suggested Citation

  • Bruno Deffains & Frédéric Marty, "undated". "Generative Artificial Intelligence and Revolution of Market for Legal Services," GREDEG Working Papers 2025-01, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France, revised Feb 2025.
    • Handle: RePEc:gre:wpaper:2025-01
    as

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    File URL: http://195.220.190.85/GREDEG-WP-2025-01.pdf
    File Function: Revised version, 2025-02
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    More about this item

    Keywords

    generative artificial intelligence; legal services; accountability; competition; vertical relationships;
    All these keywords.

    JEL classification:

    • L42 - Industrial Organization - - Antitrust Issues and Policies - - - Vertical Restraints; Resale Price Maintenance; Quantity Discounts
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software

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