Since the introduction of ChatGPT in November 2022, artificial intelligence (AI) has taken the legal and accounting professions by storm. The use of AI in legal proceedings has already made headlines and research now suggests that most legal and tax professionals believe ChatGPT can be applied to legal or tax work. Although the revolutionary potential of AI is obvious, little has been said about the technology’s implications for professionals bound by standards like the American Bar Association’s Model Rules of Professional Conduct (MRPC) and the Treasury Department’s Circular 230. In a recent article, Garrett L. Brodeur, Grace Hall, and Ella Tynch map the capabilities of generative AI onto the framework for professional conduct outlined in the MRPC and Circular 230 to consider the implications of incorporating AI into legal and tax work.
Published with permission of the CPA Journal, a publication of the NYSSCPA, 2023.