AI For Lawyers: Understanding And Preparing For The Future Of Law

AI for Lawyers: Understanding and Preparing for the Future of Law – Above the Law

The legal profession has long kept pace with technology as it advances. With the development and spread of artificial intelligence (AI), various professions have embraced its ability to automate tasks that people once performed. This change has caused anxiety among lawyers, who fear losing their jobs to machines. But it’s becoming clear that as AI evolves, lawyers will find new and innovative ways to use it in their practices.

AI is already being used in some law firms to automate tasks such as contract review and discovery. In the future, as AI becomes more sophisticated, it will be able to handle more complex tasks. This inevitable evolution means that lawyers will need to keep abreast of the latest developments and learn how to use AI to their advantage.

What is AI for Lawyers?

AI for lawyers refers to the use of artificial intelligence to automate tasks typically performed by lawyers (eg, contract review, discovery, and legal research). AI can also be used to create documents and perform other administrative tasks.

How can lawyers use AI?

Here are some examples of how lawyers can use AI in practice:

  • Automation of repetitive tasks: In this way, AI can free up time for lawyers to focus on other more human-centric tasks, such as client meetings and trial preparation.
  • Improve legal research: AI can help with legal research by quickly sifting through large amounts of data to find relevant information. This can save lawyers time through a more efficient search.
  • E-discovery: Electronic discovery is the process of using computers to find and examine electronic data. AI can be used in eDiscovery to help identify relevant documents and evidence, saving lawyers time and money.
  • Document creation: AI can be used to create legal documents such as contracts and pleadings. This can be useful for lawyers who do not have the time to draft these documents themselves.
  • Administrative tasks: Standard administrative tasks such as scheduling appointments and managing law firm finances can be time-consuming and can distract lawyers from focusing on more important tasks in their practice.

How to prepare for the future of the legal profession

As AI continues to evolve, lawyers need to keep abreast of the latest developments to ensure they are using it to their fullest potential. They should be committed to learning about new AI applications and how they can be used in their practice. Here are some steps lawyers can take to prepare for the AI-rich future of the legal profession:

  • Stay up to date on AI developments: This important task can be accomplished by reading articles, attending conferences, and taking courses on AI.
  • Learn how to use AI applications: Taking courses or attending training sessions ensures that lawyers are both knowledgeable and proficient in this technology.
  • Be ready to use AI in their work: Being comfortable with using new technologies and their applications means lawyers must be prepared to change the way they work as AI evolves.

The essential

AI is already changing the legal profession, and it is almost certain to have a big impact in the future. Lawyers need to keep abreast of AI developments, learn how to use AI applications in their practice, and always be ready to adapt as this useful technology evolves.

Listen to the Notes to My (Legal) Self podcast episode with Wei Chen, which provides additional insight into how lawyers can use AI in their practice: Why Legal AI Needs Lawyers to Act Now.

Olga MacOlga V. Mack is the CEO of Talk Pro, a next-generation contract management company that pioneered online trading technology. Olga embraces legal innovation and has dedicated her career to improving and shaping the future of law. She is convinced that the legal profession will emerge even stronger, more resilient and more inclusive than before by embracing technology. Olga is also an award-winning general counsel, operations professional, startup consultant, speaker, adjunct professor, and entrepreneur. She founded the Women sit on boards movement that advocates for women to sit on the boards of Fortune 500 companies. She wrote Come on board: win your ticket to a seat on the board of directors and Fundamentals of smart contract security. You can follow Olga on Twitter @olgavmack.

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