Tuesday, 25 April 2017 15:04

Warning that artificial intelligence has legal implications

By

Artificial intelligence will be woven into almost all the tools and services lawyers use to do their jobs and this will greatly assist them in enhancing productivity and making better legal decisions, a professional in the trade says.

For example, while drafting a letter or an email to a client, a context-sensitive AI-powered feature will suggest clauses perfectly suited to the current correspondence, James May, head of product, Legal Software Solutions at LexisNexis, told iTWire.

An AI tool may be able to detect new matter or a new client opportunity and prompt the partner to initiate a business development activity. It may also recommend which barristers are best suited to a specific case using a research tool which knows the lawyers’ backgrounds and recent case history, as well as the details of the current matter, he said.

"From an interactive perspective, a lawyer can ask questions directly to the AI tool while doing legal research in order to receive guidance.

"The best way to embrace change is to look at the benefits that AI will have in the legal space and the way in which lawyers can take advantage of this innovative development."

Lexisnexus James May

May has been with LexisNexis since April 2015 and has initiated new products for the legal market including exploring the impact of new technologies such as machine learning, blockchain, and AI.

What are some of the impacts of AI on lawyers?

AI will be woven into almost all the tools and services lawyers use to do their jobs. This will greatly assist lawyers in enhancing productivity and making better legal decisions. For example, while drafting a letter or an email to a client, a context-sensitive AI-powered feature will suggest clauses perfectly suited to the current correspondence.

An AI tool may be able to detect new matter or a new client opportunity and prompt the partner to initiate a business development activity. It may also recommend which barristers are best suited to a specific case using a research tool which knows the lawyers’ backgrounds and recent case history, as well as the details of the current matter. From an interactive perspective, a lawyer can ask questions directly to the AI tool while doing legal research in order to receive guidance.

In this way, an AI-powered system will help firms manage time and resources to create efficiencies in case processes. Administration can also benefit from AI’s ability to predict capacity bottlenecks to ensure that workload is managed more smoothly.

What are the impacts on their clients?

Clients can benefit from having greater access to more cost-effective and higher quality legal services. As affordability and access to legal services become easier, small businesses and consumers will start to recognise the need for legal services and protection. Adoption in these emerging markets will grow particularly quickly, and more entities will become familiar with the concepts of the “rule of law” thus allowing the direct social, political and economic benefits of rule of law practices to further extend globally and locally.

Lawyers are already using software tools to help them perform research, draft documents and manage their practice. AI technology will allow these tools to simply become smarter so that lawyers can achieve greater productivity and deliver better quality legal services. AI technology will need to prove itself by creating value that is sufficiently greater than the cost in order to be widely appreciated by the market – it will not be up to lawyers to make this decision.

Is there are a risk in commoditising AI and machine learning?

The commoditisation of machine learning technology, led by companies such as Google, Amazon, and Microsoft, is allowing legal technology providers such as Lexis Nexis and Lex Machina to leverage these base technologies to innovate more quickly and cost effectively within the legal industry. We use these technologies to invent and enhance the applications used by lawyers and their clients, thus offering clients a premium legal service that goes above the commodified technology.

Last words?

AI technology is not something that should be dismissed as the latest “trend” in modern technology. Machine learning is likely to have a bigger economic and social impact than any previous technology wave including the PC, the Internet, and mobile technology.

The influence of machine learning will be seen across all industries as it weaves into everyday experiences and its value begins to be seen in terms of creating more efficient workflows. Through AI, lawyers can transmit their expertise to a greater amount of people, build their clientele and consequentially provide access to justice to individuals and entities who may not normally have exposure to this right.

As the demand for legal services increases, so will the awareness of the “rule of law” principles, therefore ensuring more transparency and less corruption across private, public and social sectors. Eventually, we may find that a certain level of “machine learning literacy” is required for almost any job or education, the same way computer literacy has become standard today.


Subscribe to ITWIRE UPDATE Newsletter here

PROMOTE YOUR WEBINAR ON ITWIRE

It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://itwire.com/itwire-update.html and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV https://www.youtube.com/c/iTWireTV/videos which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinatrs and campaigns and assassistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.

MORE INFO HERE!

INTRODUCING ITWIRE TV

iTWire TV offers a unique value to the Tech Sector by providing a range of video interviews, news, views and reviews, and also provides the opportunity for vendors to promote your company and your marketing messages.

We work with you to develop the message and conduct the interview or product review in a safe and collaborative way. Unlike other Tech YouTube channels, we create a story around your message and post that on the homepage of ITWire, linking to your message.

In addition, your interview post message can be displayed in up to 7 different post displays on our the iTWire.com site to drive traffic and readers to your video content and downloads. This can be a significant Lead Generation opportunity for your business.

We also provide 3 videos in one recording/sitting if you require so that you have a series of videos to promote to your customers. Your sales team can add your emails to sales collateral and to the footer of their sales and marketing emails.

See the latest in Tech News, Views, Interviews, Reviews, Product Promos and Events. Plus funny videos from our readers and customers.

SEE WHAT'S ON ITWIRE TV NOW!

BACK TO HOME PAGE
Ray Shaw

joomla stats

Ray Shaw ray@im.com.au  has a passion for IT ever since building his first computer in 1980. He is a qualified journalist, hosted a consumer IT based radio program on ABC radio for 10 years, has developed world leading software for the events industry and is smart enough to no longer own a retail computer store!

Share News tips for the iTWire Journalists? Your tip will be anonymous

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments