Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Artificial Intelligence.

The capabilities of AI have opened the doors for new opportunities across industries, playing on value propositions around efficiency and profitability to the point that not even law firms can ignore it anymore. The potential within a law firm certainly impacts the way lawyers practice legal work.

Legal research has changed dramatically over the years with the digitization of case law, statutes, and regulations (Harvard’s entire collection of case law is now available to the public!). ROSS Intelligence (IBM) is using Watson to perform legal research, training Watson to interpret law terminology. AI is also being leveraged to review contracts, and even offer intelligent contracts (based on a variable set). Products like Lex Machina provide lawyers with new insight in case work, offering a better understanding of outcomes against judges/jurisdictions/opposing counsel. Lastly, there is an efficiency play with things like e-filing, which allows for the prep and filing of court docs electronically.

The practice of law has been a focus of much of the AI available to firms today—at least the AI that has made its way to popular use. They’ve gone through the motions of the tech hype cycle and achieved the “slope of enlightenment” or, perhaps for some, the “plateau of productivity.” Arguably, some of it still has a way to go and it’s debatable where it stands, but AI for the practice of law is making its mark.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

Maximizing Law Firm Profitability: Hiring, Training and Developing Productive LawyersBook

Maximizing Law Firm Profitability: Hiring, Training and Developing Productive Lawyers shows you how to manage your own practice and how to develop the potential of the pe...

Get More Information

Legal Innovation Awards 2021Event

Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.

Get More Information

Legalweek Leaders in Tech Awards 2021Event

Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.

Get More Information

General Counsel Summit (GCS) 2021Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information

General Counsel Conference East 2021Event

GCC East addresses General Counsel trends in regulatory, data protection, tech management, legal operations, and leadership.

Get More Information

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.