Vivek Tata and Josette Winograd Examine AI Impact on Business Development in <z>New York Law Journal</z>

Blue Technology Background

It sounds counterintuitive—using an unfeeling AI tool to deepen a real, in-the-flesh client relationship. After all, most conversations about AI in law start in the same place: legal research and drafts produced in a fraction of the time it took before, clients demanding discounts for more efficient teams, firms recalibrating their staffing models. Those shifts are real, and they are reshaping how legal work gets done, but they are only part of the story.

There’s a quiet opportunity in this moment of law firm evolution that hits directly at the heart of a lawyer’s book of business. For the first time, regardless of firm size or existing relationships, AI can hand lawyers back the one resource business development has always demanded, and partners rarely had enough of: time and attention to actually understand a client's world.

The Old Model

For decades, law firm business development ran on a mix of institutional memory, relationship-partner instinct, and whoever happened to see the right news article at the right time. It worked, when it worked, because a small number of senior lawyers carried an enormous amount of client context in their heads: who just got promoted, which company was rumored to be exploring a sale, which regulatory change might upend a client's business model.

That “catch as catch can” model was never rigorous, inclusive, or built to scale. Partners juggling billable demands rarely have the bandwidth to read every regulatory filing, track leadership changes across a full client roster, or notice that a client's competitor just got sued over the exact issue the client raised in passing six months ago. That gap between what a good relationship partner should know and what any single, busy human can actually track is precisely what AI is suited to close.

It also doesn’t help that the business development teams at most firms don’t actually develop business. They produce pitches, client alerts, awards and events—all very important things, but most have never generated a single pitch on their own and don’t understand the eager chase of getting hired, or the pit-in-your-stomach feeling when you don’t. While there are some professionals skilled at coaching and tracking lawyers’ business development performance, most are drafting pitches for businesses they don’t know and for clients they’ve never met.

While relationship-building will always reward people who are genuinely good with people, AI does remove some of the raw information disadvantages that used to separate a natural networker from an excellent lawyer who simply never had the bandwidth or the consultative support to keep up.

Read more here > Law.com