Impact of Artificial Intelligence (AI) on the Legal Sector

Centuries back, in the late 1600s, an attorney from Germany, A.G Leibniz, prophesized that one day in the future of humanity, machines would take over the task of calculations and use a binary system to calculate various number-related functions. 

Leibniz also postulated that AI (Artificial Intelligence) will take over most, if not all functions that lawyers did back then. According to him, "It is unworthy of excellent men to lose hours like slaves in the labour of calculation, which could have safely been delegated to someone else, had machines been used."

Cut to 2022, and Leibniz’s theories have been proved right! Today, almost every task that was done manually, even a decade back, has been or is already being automated. AI now has seeped into and taken over every aspect of our lives in ways never imaginable even a few years back.

The legal sector has also not been immune to the advent and influence of AI. The introduction of technology into the legal domain has helped lawyers and other legal professionals immensely by streamlining their legal research and arriving at sound and reasonable conclusions to legal issues, in a highly efficient and timely manner.

Additionally, by adopting AI and related technologies in their day-to-day working environment, legal firms and corporates are now able to focus more comprehensively on proper and accurate consultation and solutions for their client’s legal issues. They also are now able to take up more complex and challenging cases, as they have data on hand whenever and wherever they need it.

Bringing in AI has reduced dependence on complex (and often redundant) paperwork for most legal firms, as most software and their servers are more than capable of storing huge amounts of data, that can be used for decades to come.

Areas where AI is assisting the legal sector

Even as we speak, AI is taking over more and more domains and sub-functions of the legal sector. Some of these are –

• Legal Analytics – Using software for your firm ensures that important data points and crucial information from past solved cases are always available on your fingertips (and any other device you use). Also, judgements and prevailing laws and modifications to existing laws are readily available to lawyers while preparing for their current cases.
• Digitalization of physical documents and papers – As all physical papers and documents are in the form of digital information, you can get your entire case documentation ready within minutes. You can even do this on-the-go, while travelling, for instance.
• AI prediction of judicial cases – Incorporating AI into your legal firm’s software ensures that you have a clear line of sight on the most probable outcome of currently running cases handled by your firm.
• Due Diligence – Software helps in conducting legal research, reviewing contracts, and performing electronic discovery, thus giving you the comfort and safety of having performed thorough AI-based due diligence for your clients and customers.
• Solving IP conflicts – AI and AI-based software helps your firm to get deep insights into different IP (Intellectual Property) portfolios, including searching and registering trademarks, conflicts related to patents, copyright issues etc.
• E-billing – Implementing good legal software helps your firm in preparing proper and accurate invoices for each service rendered by your firm to your clients and customers.

Beveron Technologies LLC is a renowned legal-software solutions provider that has been steadily making its mark in the legal sector, with its suite of advanced software and AI-based solutions for legal firms as well as corporate legal departments. Beveron’s Smart Lawyer Office, for instance, is a comprehensive cloud-based Case Management Software. Implementing Smart Lawyer office in your firm ensures that every case-related document is available and consolidated into a single, comprehensive Case File.