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Note: This article is just one of 60+ sections from our full report titled: The 2024 Legal AI Retrospective - Key Lessons from the Past Year. Please download the full report to check any citations.

Large Language Models (LLMs)

LLMs have seen significant improvements:

• Parameter Efficiency: New techniques will emerge to create smaller yet equally powerful models, reducing computational requirements.

• Few-shot Learning: LLMs have become more adept at performing tasks with minimal examples, enhancing their versatility.[67]