A new Artificial Intelligence & Machine Learning report published last week by the International Legal Technology Association (ILTA) indicates that while law firms may be expecting AI to yield “fundamental change” within the industry, lawyers shouldn’t count on a significant portion of the work they perform being replaced by software.
When asked how long they believed it would be before AI-powered software would create “fundamental change” in the legal industry, the plurality of respondents (38%) to the ILTA survey said one to three years.
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