AI and the Business of Law: Now and in the Future

The presentation explores how artificial intelligence is transforming the business of law, focusing on practical and architectural developments that will shape legal practice in the near future. Mark Doble, CEO and founder of Alexi, outlines the exponential trajectory of AI capability and argues that progress continues steadily rather than plateauing. He explains the shift from single-turn to multi-turn AI interactions, where systems handle complex, chained tasks through workflow automation rather than one-off prompts. Doble emphasizes that this evolution enables firms to automate sophisticated legal processes while maintaining professional oversight and accuracy. He warns of risks inherent in multi-tenant cloud systems, urging firms to adopt single-tenant environments to safeguard security and intellectual property as they build AI workflows. The discussion also addresses the inevitability of rapid change, the need for lawyers to engage with AI tools early, and the long-term promise of greater productivity, value delivery, and scalability of legal services.