A.I. in Your Law Firm with Matthew Fornaro

In this episode, Alay and Matthew discuss:  Leaving big law and starting a small firm.  Applying AI in your small law firm.  Ways you should use artificial intelligence in your firm. Embracing technology that will make an impact. Key Takeaways:  There is a trade-off when you switch from a big law firm to going out on your own, but it gives you more freedom and opportunities.  AI is a tool – you still need to treat it as such, put systems in place, and double-check the work.  If you use law firm-specific AI tools, such as CoCounsel, it will only pull information specific to the law.  AI is all about specific input to produce better results. It is not a mind reader. Tweetable Moments: “It’s been a learning curve, but it’s also been great because my overhead is obviously much lower than it was previously, and my output is pretty much the same as it used to be, and the work product is just as good as it was previously.” —  Matthew Fornaro “AI is a supplement and it’s a tool to do your work.” —  Matthew Fornaro “If you keep a rein on and keep it very tight, most of it is accurate now and then you’re the gatekeeper to make sure that stuff that isn’t accurate gets fixed.” —  Matthew Fornaro “No matter what AI platform you’re using, you have to make it as specific as possible in order to rein in the work product that it generates. The more specific you are, the better it is, and the less problems it creates.” —  Matthew Fornaro “Another requirement to be an attorney now. We have to be tech-familiar because if you’re not, you’re going to be left behind. You’re going to get beat by someone who is tech-familiar.” —  Matthew Fornaro    Thank you to our Sponsor: Counsel CPAs: https://www.counselcpas.com/     About Matthew Fornaro: Matthew Fornaro has been a business law attorney serving South Florida, including Coral Springs and Parkland, since 2003. Before starting his law firm, he was an attorney at two prestigious AmLaw 200 law firms focusing on civil litigation. Matthew practices complex commercial litigation, including contract disputes. Matthew, a member of the Florida Bar and District of Columbia Bar, also practices construction law, intellectual property law, homeowner and condominium association representation, and drafts and revises of business documents, including the formation of business organizations. Matthew assists new business owners in choosing and drafting all legally required documents. Matthew is involved in mentoring new attorneys, as both a graduate and instructor of the Kaufman Foundation’s FastTrac NewVenture Program, presented by the Broward County Office of Economic and Small Business Development and the City of Hollywood, as well as a graduate and instructor for the Florida State University College of Business Jim Moran Institute for Global Entrepreneurship Small Business Executive Program. As a small business owner himself, Matthew is proud of his representation of businesses in our community and is also available to assist in all transactional and litigation needs.   Connect with Matthew Fornaro:  Website: https://fornarolegal.com/  Facebook: https://www.facebook.com/fornarolegal/  X: https://x.com/FornaroLegal/   LinkedIn: https://www.linkedin.com/company/matthew-fornaro-p.a./  YouTube: https://www.youtube.com/channel/UCZn4sEROz6hErV5Fb5vvOtQ    Connect with Alay Yajnik:  Podcast: http://lawyerbusinessadvantage.com/  One Page Strategic Plan: LawFirmSuccessGroup.com Email: [email protected] LinkedIn: linkedin.com/in/alayyajnik