AI Will Transform The Field Of Law

The field of law has evolved surprisingly little since the days of Oliver Wendell Holmes, Jr. ... [ ] (1841-1935), considered by many to be the greatest U.S. Supreme Court justice in history. Virtually everything that companies do--sales, purchases, partnerships, mergers, reorganizations--they do via legally enforceable contracts. Innovation would grind to a halt without a well-developed body of intellectual property law. Day to day, whether we recognize it or not, each of us operates against the backdrop of our legal regime and the implicit possibility of litigation. At close to $1T globally, the legal services market is one of the largest in the world.