Bridging the 'AI Skills Gap' in the Legal Industry
The legal industry has already woken up to the benefits of AI—law schools now need to keep pace with this change.
September 29, 2020 at 07:00 AM
5 minute read
Artificial intelligence (AI) technologies are fast becoming the industry norm, and in this tech-enabled world, a new breed of lawyer is in demand.
A recent survey we ran at Luminance found that over 80% of senior lawyers viewed AI and machine learning as critical for the future success of their firm. And as leading organizations charge ahead in their AI adoption, the demand for a broader educational system which embraces new ways of working and underlines the importance of today's technology is growing. There's just one problem. Law schools are still not doing enough to prepare their graduates for the increased use of technology.
The good news for young lawyers entering the profession today is that adoption of AI means that late nights sifting through endless piles of documentation in search of a potential 'smoking gun' is becoming less of a required initiation to the world of law that it was when I started out. Instead, an AI-enabled document review can be completed in a fraction of the time and with greater confidence that you haven't missed something, allowing lawyers to allocate more time to client relations, pitching, strategic thinking, and providing the valued advice that clients expect. After all, these are the tasks and activities that motivated us to become lawyers in the first place.
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