ARTIFICIAL INTELLIGENCE: TRANSFORMING THE LEGAL INDUSTRY

When any professional sector and technology converge at a point, the question sprouted is how that technology will create disruptions in the daily operations and careers of those who chose that particular profession. The disruption created in the sector might be cost-saving, but might to lead to unemployment also. Lawyers and legal professions are no exception!

Today, artificial intelligence is transforming the legal arena in various ways. Artificial intelligence is not just helping lawyers sort through documentary evidence. It can also help them prepare and structure their case, search for any relevant legal precedents, advising to clients, negotiating deals and even appearing in courts.

Artificial intelligence (A.I.) and machine learning are revolutionizing the legal world in the following ways:

1. Impersonates operations

An Artificial Intelligence app, DoNotPay regarded as “the world’s first robot lawyer” can help users draft legal letters. You tell its chatbot what your problem is, such as appealing against a parking fine, and it will suggest what it thinks is the best legal language to use.

According to Joshua Browder (a 24-year-old tech guru), he says “People can type in their side of an argument using their own words, and software with a machine learning model matches that with a legally correct way of saying it”.

DoNotPay now claims to have more than 150,000 paying subscribers, which spread across the UK and US. The app can help the user to write letters dealing with a range of issues; insurance claims, applying for tourist visas, complaint letters to a business or local authority, getting your money back for a holiday you can no longer go on or cancelling a gym membership.

2. Due Diligence

In most of the law offices, legal support professional break their heads to conduct due diligence to uncover background information on behalf of their clients. Most of these works include complying with the facts and figures and then evaluating the decisions on a prior case to efficiently deliver counselling to their clients. Tools developed with the aid of artificial intelligence can help these legal support professional to conduct due diligence more accurately and efficiently than humans.

3. Contract Review and Management

Most of the successful law firms perform contract review of their clients. Contract review is of prime importance because it helps in identifying the risks and issues that could have a negative impact on the client. So, law firms redline the item, edit contracts and counsel the clients to sign or not and help them in negotiations for better terms. Software developed by artificial intelligence has the power to analyze contract in bulk. Already there are several software companies which developed artificial intelligence tool for contract review. Some examples are Kira systemLawGeex and eBravia that helps to sort the contracts faster with minimal error.

You May Also Read: 6 Skills you must develop to protect your Job from Artificial Intelligence and Automation

4. Documental Review and Legal Research

Artificially intelligent machines have the power to review a document and flag them as relevant or irrelevant. Also, artificially intelligent software improves the efficiency for documental analysis. Once the machine identifies a document as relevant, the machine learning algorithm has the capability to find other documents with similar relevance. Machines are exceptionally fast in sorting through documents and can give output results faster and statistically significant. The machine learning algorithm will reduce the human effort by sending only documents which are questionable. In this way, legal professional need not have to review all the documents. Legal research should be performed in a timely and systematic fashion. Artificial intelligence systems offered by ROSS Intelligence uses natural language processing to analyze documents.

Legal professionals of the future might be facing real-time problems with the sudden disruption in the legal world. They should also keep in mind the untapped potential of artificial intelligence, which is hidden in the black box. Smart lawyers and associates will rigorously question both the algorithms and the underlying data in order to avoid courts or clients.

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