Artificial Intelligence Startups on the path of conquest of courts

With the increasing advances of artificial intelligence, many industries have been undergoing major changes, and the legal field is no exception. In recent years, a large number of lawyers and legal institutions have turned to artificial intelligence tools to increase their productivity and reduce operational costs. According to new statistics, 5 % of legal experts intend to use artificial intelligence in their work processes, and 2 % of law firms believe that effective use of productive artificial intelligence will determine their success in the next five years.

Investors have also shown great interest in artificial intelligence -based legal startups. In year 2, the investment in the area reached $ 5 million, and startups such as Harvey were able to attract $ 5 million in the C Series investment round and reach $ 1.5 billion. But does this change mean the end of the lawyer’s work, or will it simply change how to provide legal services?

Current Status of Automation of Legal Services

The entry of artificial intelligence into the legal world has been significant. In year 2, 5 legal startups were raised on artificial intelligence, and advanced tools were provided to analyze contracts, summarizing documents and research on files. These technologies have reduced lawyers ‘work time by an average of 4 hours a week, and even increased annual lawyers’ income by up to $ 5,000.

Carrie Lening, a legal adviser and technology expert, emphasizes that automation in the legal field is not a new issue. He reminds that in year 2, many law firms used tools like Wordperfect to automate documents. But today’s main difference is the dramatic progress of artificial intelligence tools that go beyond simple macros and allow for automation of complex legal tasks.

Jaid Aflabi, an experienced lawyer with a master’s degree from London School of Economics, points to major changes to legal processes in the last five years. He believes that artificial intelligence is replacing traditional methods, such as manual data recording, with automatic systems. According to him, the initial conversation with the client is still important, but now artificial intelligence can manage the process and make initial risk analysis.

The Challenges of Automation and the Future of the Lawyer

Although artificial intelligence has been able to increase productivity, can the lawyers take place? Capita, the first artificial intelligence lawyer in the world, challenges the idea. He believes that many legal processes are inefficient and that artificial intelligence should help eliminate these inefficiency, not simply increasing the productivity of traditional systems.

However, critics have warned that artificial intelligence still cannot understand the delicacies of the law. Many lawyers are concerned that language models work solely on predictive patterns and cannot properly analyze the complexities of legal cases. Studies have shown that artificial intelligence is mistaken in 2 out of every 2 legal questions.

Carrie Lening warns that artificial intelligence is still reliable in providing legal services to consumers. He points to the Donotpay example, which was launched as the world’s first robotic lawyer, but was fined by the Federal Commerce Commission for false claims of artificial intelligence capabilities.

The future of artificial intelligence in law; Revolution or threat?

Ben Soo believes that artificial intelligence will not only increase the productivity of lawyers, but can completely transform the way legal services are provided. In his proposed model, artificial intelligence will do many processing work, and lawyers will only act when human judgment is necessary. This system can reduce the costs of legal services and make pricing more transparent.

However, Jaid Aflabi believes that many law firms will resist change. He says many lawyers prefer the traditional hourly fee, and some will increase their hourly rates instead of reducing work hours to keep their profitability.

Carrie Lening believes that by expanding artificial intelligence in this area, customers may start questioning the high costs of law firms. He emphasizes that other large legal companies cannot receive high costs for customer service for services provided by artificial intelligence.

Artificial intelligence and legal training; Need to change in the educational system

One of the important discussions about the entry of artificial intelligence into the legal field is its impact on lawyers’ education. Ben Soo, who is a law graduate, criticizes the current internship system and believes that artificial intelligence can reduce the heavy burden of elementary work and give students the opportunity to focus on more complex issues.

Carrie Lening also believes that universities should update their training program. He says analytical skills training is still essential, but law students must also learn the ability to work with artificial intelligence systems, design prompt engineering and analyze its outputs.

Conclusions; The future of lawyer in the era of artificial intelligence

Although some critics are concerned about eliminating lawyers by artificial intelligence, the reality is that artificial intelligence can increase productivity instead of replacing lawyers. “Automation does not mean eliminating human judgment,” says Kerry Lening. Rather, it makes lawyers focus on what humans are skilled; Empathy, ethics and innovation. The future of lawyers will be with artificial intelligence, not against it. “

Finally, although artificial intelligence has been able to automate some of the legal processes, the role of human judgment in complex decisions is still essential. The future of the industry depends on the acceptance and adaptation of law firms to this technology, and the winner of this transformation will be those who make the best use of artificial intelligence alongside their human skills.