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How Artificial Intelligence Is Disrupting the Legal Industry

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By: Teresa Lo Summary: Learn how A.I. is currently affecting law firms and the legal industry and how it will affect future associate and legal staff positions. For years, we've heard the rumors. Robots are going to replace paralegals! Artificial intelligence is going to take first-year associate jobs! Regular citizens are going to use websites to get legal advice instead of hiring an attorney!


Lawyers could be the next profession to be replaced by computers

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One question raised by the introduction of AI legal platforms is how well they do their jobs compared to a flesh-and-blood lawyer, who has years of experience under her belt. Will the machine miss things that a good lawyer with a lot of experience would otherwise catch? "That's an argument that been refuted quite a bit," said Jay Leib, founder and managing member of NexLP. Leib's Chicago-based company offers eDiscovery, an AI platform that searches documents for information relevant to lawsuits and other litigation. Sure," Leib said of AI legal tools. "But since 1985, we've known that human beings are not very good at keyword searches," he said. "There's this fallacy that human beings looking at documents is the gold standard.


Automated Lawyering Gains Momentum As Yet Another Top U.K. Firm Signs Artificial Intelligence Deal

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Artificial intelligence is becoming big news in Big Law. The move towards increased automation of legal services continues to gather momentum, with another top law firm turning to (AI) in an attempt to lower costs and improve efficiency. Travers Smith, a London-based firm known for its strength in corporate and private equity, has begun trialing due diligence technology developed by U.K. software company RAVN Systems. The news follows last week's announcement that magic circle firm Slaughter and May had signed a deal with Luminance, a new technology company that launched with the backing of investment fund Invoke Capital. Slaughters had been working with Luminance for several months to help it develop its AI software, which is able to read hundreds of pages of legal documentation every minute and is designed to speed up the due diligence process.


Success for RAVN Systems' Artificial Intelligence Platform at Reed Smith

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Mark Zuckerberg say he's created an AI that controls his smart house Zuckerberg may debut'Jarvis' AI assistant next month