AI in Law: A Game-Changer for Legal Professionals

AI in Law: A Game-Changer for Legal Professionals

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5 min read

Generative AI was first introduced in the 1960s in chatbots. But it wasn't until 2014, when generative adversarial networks, or GANs, a machine learning algorithm, were introduced, that generative AI could create convincingly authentic photographs, videotapes, and audio of real people.

In simple words, Generative AI is a type of Artificial Intelligence that can generate an endless number of things, such as text, images, documents, etc. It is based on a model that generates new, unique data based on the data and requirements provided to it. The Prompt input for a Generative AI can be a distinctive dataset or instructions given to it by the user.

These AI models are capable of self-learning and enhancing themselves going further. Generative AI is different from normal AI since it's not conditioned by rules or programs like normal AI, which gives it the liberty to generate and produce data similar to human-made content.

The introduction of Open AI's ChatGPT in the November 2022 launch took the world by storm, and now we see its roots spreading in the legal sector.

For example, Law firms have been investigating the use case of AI in the legal sector, putting it into thorough practice.

How did the Legal industry undergo Digital transformation?

Legal work is genuinely a tedious job, as different approaches are needed for every case. At the same time, it is super time-consuming and needs an immense amount of research, along with a fine eye for attention to detail. These constant requirements have so far been the major challenges and reasons to integrate technology into the industry.

Before the introduction and trend of Generative AI, the technological advancement that uplifted the legal industry a little bit was the introduction of online databases and directories of legal knowledge. This marked the end of the pen-and-paper era and began a hybrid digital transformation.

Applications of AI in the Legal World

Multiple applications of AI exist in the legal world, such as client briefing, generating complex analyses from large volumes of documents, and assisting firms with limited resources to compete with the largest groups.

AI can assist in conducting due diligence in corporate unions and tremendously aid legal knowledge acquisition and education in intricate and fast-paced areas. It can also help in preparing briefs and summaries of extensive legal files. Apart from this, it has the absolute ability to take over the load of finishing tedious, repetitive work and enable advocates to give attention to tasks that require human attention, such as content comprehension.

One of the greatest pieces of evidence that confirmed the possibilities of using AI in the Legal industry was when Open AI introduced GPT-4, and it passed the bar exam.

However, just because Generative AI is able to help in organizing material and do manual work, it doesn't necessarily mean putting in place the execution of its work. Generative AI can deliver smart and logical output to many legal problems by searching the World Wide Web, but there's no guarantee that it will give the legally right answer. A little cross-checking will have to be done.

According to a survey conducted by expert professionals,

1) Half of the Lawyers believe that Generative AI tools will drastically change the techniques of practising law.

2) Almost everyone (92%) has come to an agreement about its potential impacts.

3) 77% agree that generative AI tools will boost paralegals' productivity as lawyers or law clerks.

4) 63% agree that Generative AI will change law education.

Testimonials from a Lawyer

Joel Murray, an attorney with McKean Smith of Portland, Oregon law firm and Vancouver, Washington, declares, "I do not see AI replacing an attorney." Individuals hire a lawyer for the layer's knowledge and understanding towards a particular case along with their experience and capabilities to predict and execute legal precedents. Though Artificial intelligence will be able to recognize relevant statutes and compliances, There is a human aspect of practising law that can provide logical guidance to the client.

AI can never replace anyone, but it can definitely help in providing tools to skyrocket productivity and get the best results for clients.

AI won't replace lawyers, but lawyers who use AI will replace lawyers who don't."

Real-world Practices of Generative AI in Legal

Case 1A group of researchers specializing in machine learning investigated tasks that were highly time-consuming for lawyers to crack using traditional search tools. The issue was about the client's being unable to comprehend Global Trade sanctions and recognize and spot potential related risks. So, these researchers undertook a study to find out how the combination of Generative AI and Data Science can aid in giving better advice to those clients. They viewed the client's supply chains that were deemed vulnerable to sanctions and other trade constraints and used information delivered provided by the client and from public references to determine risks – at scale and rapidly. Upon doing this at scale, the researchers discovered things humans might not recognize

Technology is quickly evolving. Lawyers around the world are soon going to divert their focus to using technology to augment human skills, which can be called Machine learning-enabled judgement, which is basically the ability to contextualize the law to advise clients to take the necessary steps.

Important note to remember

Advocates and Lawyers are very brainy individuals. They have always figured out the most efficient ways to add value to their work, generate new ideas and strategies and generate more business.

Today, the tools aren't enough to handle their entire workload. But that will only be the case for a while, and the nature of legal work is about to be transformed.

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