Artificial intelligence is the newest key ingredient in law and business

The legal profession has already been reaping the benefits of automation and even early successes with AI. Legal research, document drafting, eDiscovery, trademark and patent searching and drafting, are active use cases in the legal profession right now. Additional hyper-automation and hyperscaling will continue to improve efficiencies in back-office functions like time entry, prebill processing, electronic billing, and collections. 

However we have also seen the impact of faulty AI use in the legal profession. Often attributed to “automation addiction”, humans may believe the algorithm or the machine to be more accurate than humans. Coupled with the speed at which AI can perform, it is assumed to be the best of both worlds – more accurate and more efficient. Importantly left unchecked wrong or hallucinated work generated by AI puts legal practitioners at risk.







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