The legal profession continues to evolve thanks to the continued development of AI technologies. OpenAI’s recent announcement at their DevDay event in San Francisco has opened new avenues of AI use for legal professionals and business owners alike. This blog post delves into how OpenAI’s GPT assistants, particularly the newly announced GPT-4 Turbo-powered assistants, are being used and to keep an updated list of GPT Assistants that provide real-world value for business use.
As of Nov 10, 2023, there isn’t a centralized GPT Assistant store or a comprehensive directory for business-oriented GPT Assistants. The offerings available are primarily those developed by OpenAI itself. OpenAI has announced plans to launch a GPT assistant store later in November, with a cautious approach: each assistant will undergo a thorough review before being featured in the store, and only those with significant popularity and utility will be included. However, the best tools will not be limited to OpenAI’s creations or even approved Assistants. Moreover, not all GPT assistants will be accessed through the GPT store. Independent developers have the capability to create and publicly share their own GPT Assistants and publish them on their own internal and external platforms. These custom assistants – some connecting to proprietary business data – will raise the bar for professionals interested in using AI to improve their capabilities.
For now, OpneAI-hosted GPT Assistants can be accessed via specific links, which direct users to their GPT Plus account. This decentralized approach means that discovering these assistants relies heavily on having the right link. Don’t worry, the AI lawyers at Traverse Legal have you covered! To streamline this process for our professional audience, including business professionals, lawyers, law students, judges, and law clerks, we have compiled a curated list of the most relevant and effective GPT assistants at the bottom of this page.
OpenAI’s GPT-4 Turbo, a significant upgrade from its predecessors, offers extended context length (up to 128,000 tokens), enhanced accuracy, and more developer control. These features are crucial for legal and business applications. GPT Assistants seek to raise the game by allowing business users to securely connect to their own proprietary data.
The introduction of the GPT Assistant API heralds a new era where legal professionals can access or even develop tailored GPT assistants for specific legal tasks. This ecosystem promises a range of specialized assistants, from those aiding in intellectual property law to those versed in international trade regulations.
For those interested in staying abreast of the latest GPT assistants and their applications for professional users, we will be providing a regularly updated list of the best GPT assistants tailored to our industry. If you have a publicly available assistant you wish to submit, please fill out this form.
GPT-4 Turbo represents a significant advancement in AI technology, offering several key features that are particularly beneficial for legal professionals. Here’s a detailed look at these features:
These features collectively make GPT-4 Turbo a powerful tool for legal professionals, enhancing their ability to process information, draft documents, conduct research, and provide legal services more efficiently and effectively.
Customization of GPT Assistants for Legal Specializations:
GPT assistants, particularly those powered by advanced models like GPT-4, offer significant potential for customization to meet the specific needs of various professional and business sectors. In the legal field, this customization can be tailored to specialized areas such as intellectual property law, litigation, contract drafting, corporate law issues and more. Here’s how this can be achieved:
When considering the use of GPT assistants like those developed by OpenAI in business and professional settings, understanding OpenAI’s approach to security and privacy is crucial. Here’s an overview of the assurances and measures typically provided by OpenAI:
OpenAI’s security and privacy assurances for its GPT assistants in business and professional use are grounded in robust data protection practices, compliance with regulations, a secure infrastructure, and a commitment to ethical AI development. These measures are designed to protect sensitive business and professional data, ensuring that users can leverage the benefits of AI with confidence in the security and privacy of their information.