bml munjal university
AI could take over day-to-day legal work from lawyers in 3-5 years, shows survey
Legal professionals and aspiring lawyers may soon start facing competition from artificial intelligence (AI) which could take over day-to-day tasks in the next three to five years. A survey by BML Munjal University (BMU) School of Law and legal search/consulting firm Vahura showed that 90 percent of the respondents (lawyers) foresee use of digitisation and technology in the sector. The survey titled'Decoding the Next - Gen Legal Professional' sought to capture the practitioners' perspective of the practice of law and to identify the relevant skills required of lawyers in the rapidly transforming legal environment in India. In an interaction with Moneycontrol, Nigam Nuggehalli, professor and dean of the BMU School of Law said that tasks like due diligence that is traditionally done by legal professionals could be taken over by AI. "In areas like due diligence which requires detailed inspection, maybe AI can do it better," he added. According to the survey, technology solutions in the legal space may replace some human roles at the entry-level by way of automating repetitive and standardized work but are expected to augment others such as reviewing documents more efficiently.
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Colleges, businesses need to up their game to cope with AI, IoT: Report
Estimates suggest that only 20 per cent of today's engineers are employable in this age of new technologies like artificial intelligence (AI), internet of things (IoT), blockchain and cyber security. And it's high time that educational institutions, businesses and the government upped their game. These are the findings of a report unveiled by the BML Munjal University, a higher education institution promoted by the Hero Group. The report, titled ÁI & Future of Work: Redefining Future of Enterprise, analyses the opportunities and challenges brought about by new-age tech changes and presents a roadmap for academic institutions, enterprises as well as the government on how to work together to fulfill the demand for qualified professionals in this new age where exponential technologies like AI and blockchain are going to rule the roost. "Today, legacy skills, tools and technologies have become obsolete. New-age digital professionals proficient in AI, IoT are being called upon to enter the talent workforce, with a new set of skills," said Sameer Dhanrajani, CEO of AIQRATE Advisory, who authored the report.
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