• Editor’s Pick
  • Investing
  • Economy
  • Stock
  • Politics
Income Researchers
Editor's PickStock

Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

by June 25, 2025
June 25, 2025

Chris Schwegmann is getting creative with how artificial intelligence is being used in law.

At Dallas-based boutique law firm Lynn Pinker Hurst & Schwegmann, he sometimes asks AI to channel Supreme Court Chief Justice John Roberts or Sherlock Holmes.

Schwegmann said after uploading opposing counsel’s briefs, he’ll ask legal technology platform Harvey to assume the role of a legal mind like Roberts to see how the chief justice would think about a particular problem.

Other times, he will turn to a fictional character like Holmes, unlocking a different frame of mind.

“Harvey, ChatGPT … they know who those folks are, and can approach the problem from that mindset,” he said. “Once we as lawyers get outside those lanes, when we are thinking more creatively involving other branches of science, literature, history, mythology, that sometimes generates some of the most interesting ideas that can then be put, using proper legal judgement, in a framework that works to solve a legal problem.”

It’s just one example of how smaller businesses are putting AI to work to punch above their weight, and new data shows there’s an opportunity for much more implementation in the future.

Only 24% of owners in the recent Small Business and Technology Survey from the National Federation of Independent Business said they are using AI, including ChatGPT, Canva and Copilot, in some capacity.

Notably, 98% of those using it said AI has so far not impacted the number of employees at their firms.

At his trial litigation firm of 50 attorneys, Schwegmann said AI is resolving work in days that would sometimes take weeks, and said the technology isn’t replacing workers at the firm.

It has freed up associate lawyers from doing “grunt work,” he said, and also means more senior-level partners have the time to mentor younger attorneys because everyone has more time.

The NFIB survey found AI use varied based on the size of the small business. For firms with employees in the single digits, uptake was at 21%. At firms with fifty or more workers, AI implementation was at nearly half of all respondents.

“The data show clearly that uptake for the smallest businesses lags substantially behind their larger competitors. … With a little attention from all the relevant stakeholders, a more equal playing field is possible,” the NFIB report said.

For future AI use, 63% of all small employers surveyed said the utilization of the technology in their industry in the next five years will be important to some degree; 12% said it will be extremely important and 15% said it will not be important at all.

Some of the most common uses in the survey were for communications, marketing and advertising, predictive analysis and customer service.

“We still have the need for the independent legal judgment of our associate lawyers and our partners — it hasn’t replaced them, it just augments their thinking,” Schwegmann said. “It makes them more creative and frees their time to do what lawyers do best, which is strategic thought and creative problem solving.”

The NFIB data echoes a recent survey from Reimagine Main Street, a project of Public Private Strategies Institute in partnership with PayPal.

Reimagine surveyed nearly 1,000 small businesses with annual revenue between $25,000 and $50,000 and also found that a quarter had already started integrating AI into daily workflows.

Schwegmann said at his firm, AI is helping to even the playing field.

“One of the things Harvey lets us do is review, understand and incorporate and respond much faster than we would prior to the use of these kinds of AI tools,” he said. “No longer does a party have an advantage because they can paper you to death.”

This post appeared first on NBC NEWS
previous post
Pinnacle Provides Update on High-Grade El Potrero Gold-Silver Project
next post
Hawthorn Announces Closing of C$4 Million Subscription Receipt Financing

Related Posts

Jill Biden’s ‘work husband’ runs for cover as...

June 26, 2025

Judicial nominee shuts down ‘wildly inaccurate’ claims that...

June 25, 2025

Senate Republicans look to sweeten Medicaid pot to...

June 25, 2025

Poll: Majority of Republicans back Trump’s strikes on...

June 25, 2025

World leaders flock to meet with Trump at...

June 25, 2025

Rubio cracks up at Trump’s reaction to NATO...

June 25, 2025

Democratic congressman hurls profanity-laced message at Stephen Miller

June 25, 2025

UN’s atomic agency’s Iran policy gets mixed reviews...

June 25, 2025

Iran, Israel and US agree that Islamic Republic...

June 25, 2025

Nvidia CEO Huang sells $15 million worth of...

June 25, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • ​Copper​ Market Hit by Major Supply Squeeze as LME Inventories Drop

      June 26, 2025
    • Cobalt Prices Surge as DRC Extends Export Ban to September

      June 26, 2025
    • Settlement of Tranche 1 Share Placement

      June 26, 2025
    • Lithium Universe LtdSettlement of Tranche 1 Share Placement

      June 26, 2025
    • Trading Halt

      June 26, 2025

    Archives

    • June 2025 (685)
    • May 2025 (290)
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 incomeresearchers.com | All Rights Reserved

    Income Researchers
    • Editor’s Pick
    • Investing
    • Economy
    • Stock
    • Politics

    Read alsox

    ‘Another endless conflict’: Democrat echoes Trump’s anti-war stance...

    June 16, 2025

    Trump tariff plan faces uncertain future as court...

    May 31, 2025

    White House stands by tax bill after Musk...

    June 3, 2025