AI Chatbot Lawyers for the Law Firms of the Future - Nanalyze

The rampant spread of artificial intelligence (AI) across all industries is happening so fast that our MBAs can barely keep up with it, making us wonder – when can we just replace our MBAs with artificial intelligence and never have to hear about Porter's 5 Forces ever again? Just about every stakeholder out there who has an economic interest tied to a firm is asking the same question – no, not about Porter – about how can we use AI to create more efficiencies and outperform our competitors. Some industries just scream out their suitability for an AI take over, like the legal industry for example. According to the American Bar Association, there are 1.1 million lawyers practicing in the U.S., a number which represents 80% of the world's lawyers. While some of these lawyers do good, many do not.