With predictions about task automation and robot lawyers, artificial intelligence (AI) is making headlines in the legal field. Maybe your firm is considering using an AI application to improve efficiency and perform data analytics. Let’s review AI and its adoption in the legal sector.
What is AI? How is it currently used?
Artificial intelligence refers to applications that use machine learning to complete tasks traditionally done by humans. AI relies on a large collection of data to train computers to perform tasks. It is typically used to automate routine tasks. One way AI has been used in the legal field is through the litigation discovery process. E-Discovery powered by AI uses machine learning to retrieve documents relevant to a particular case. This automation leads to productivity improvements and cost savings to clients. Another way AI is used in practice is through the use of third-party tools to create, review, and analyze contracts.
How can AI contribute to other functions in law firms?
Law firms can use AI tools to leverage information to understand costs through analysis of their billing information. With a clear understanding of resources needed to perform client work, firms can be more competitive with accurate budgeting. This contributes to cost-effective alternative fee arrangements.
AI can analyze unique institutional knowledge gathered by law firms to promote strategic decisions based on the contributions of firm lawyers. Insights gained from data analysis will allow law firms to remain competitive.
AI can also help process large amounts of data in a way that adds value and efficiency to the litigation process. AI tools provide insights into case law, judges, and opposing counsel. This information can help build a more predictable result for your client.
How can an information professional contribute to the implementation and use of AI?
Consider enlisting the help of an information professional to evaluate an AI system. A librarian has the in-depth knowledge of a firm’s information needs and can assist with providing current and relevant information when considering an AI application.
Use your librarian to train AI system users to encourage a critical review of legal research strategies and the results generated by automated systems. Legal professionals must be knowledgeable on how to best use these AI systems, and librarians and information professionals have the skills to help attorneys become more proficient in AI technology.
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