The future of AI and the legal profession calls for streamlining tedious and time-consuming tasks, such as due diligence, document and contract review, contract management, sorting files, and proofreading allowing lawyers to focus on more valuable matters.
Some legal industry jobs that focus on searching for and coding information in legal documents may be eliminated. Other jobs will be created, including managing and developing AI, writing algorithms for it, and reviewing AI-assisted work products.
Generative AI will augment or fully automate daily legal tasks, but simply can’t handle certain critical and nuanced items. Rather than being replaced or displaced humans will prove critical to ensuring that generative AI, serves the legal profession.
Source: Thomson Reuters
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