Most lawyers think of artificial intelligence (AI) as a tool for clients, rather than as something that can be used in the everyday operation of a law firm. You may not realize it, but there are many benefits to using AI in your legal practice. Here are 10 benefits of artificial intelligence in Law:
1. Assisting Solicitors
One of the key benefits of artificial intelligence in law is that it can help solicitors to focus on more important tasks.
AI will automate many tasks, such as document review and analysis. This means that there will be less need for lawyers to spend time doing these things, so they can instead focus on higher-value work such as advising clients.
This can also reduce costs for law firms because they won’t need to employ as many employees if AI is doing some of the work for them.
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2. Simpler Contract Creation
AI can help create contracts in less time. Instead of doing the writing, it can suggest appropriate clauses and ensure they’re in a format that’s legally accurate. This is especially helpful for busy lawyers who have limited time to write contracts but need to get them done quickly.
AI can help create contracts with fewer errors. Making sure you don’t miss any small details is one of the most tedious parts of drafting legal documents, but AI can do it for you! It knows what your client wants and will check every word against their instructions before submitting the final document to them or their lawyer for review.
AI can help create contracts that are easier to understand. Many business owners struggle with reading legal documents from lawyers because they’re written so technically—but if AI helps with this process, everyone wins! Not only does this mean there are fewer mistakes in the final contract (and thus less back-and-forth between clients and lawyers), but it also means that clients will be more inclined to read through all their options before signing on the dotted line—which could save both parties a lot of heartache down the road when things go awry thanks to an unexpected loophole or technicality that wasn’t caught during initial negotiations.
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3. Protecting Your Client in Court
AI can help you prepare for court. If a trial is coming up, you will want to make sure the facts of your case are presented clearly and effectively.
AI can help you find the best way to present your case. There are many different ways of presenting legal arguments, and AI can help sort through them all so that you can choose the most effective one for each situation.
AI can help find the best way to respond to opposing arguments
AI can help pick the most effective witnesses by finding which ones have been shown by research studies or past cases as being most credible in front of a jury or judge (if relevant).
You do not have time during a trial itself to search through mountains of information about every witness on either side’s credibility issues; this task should be left up entirely to artificial intelligence so that human lawyers don’t waste their time doing unnecessary research.
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4. Managing Documents and Files
AI can be used to scan documents, in order to find information. AI can be used to sort and categorize documents. AI can also search for relevant documents.
In fact, one of the best ways that AI is being used in law today is as a database of useful information. As a result, it’s possible for lawyers and businesses alike to access this information much faster than before.
5. Less Time Spent on Boring Tasks
AI can help you focus on more important tasks not only by automating repetitive tasks, but also by assisting with more complex ones. If a lawyer is spending a lot of time doing something that AI can do faster and better, then that lawyer has more time to do the things that only humans are capable of. Some examples of these are:
- Researching legal questions and issues
- Analysing case law or statutes
- Writing briefs and other legal documents
6. Decreasing Mistakes and Errors
Mistakes are inevitable, but they tend to be more costly for your clients and your organization when you’re dealing with legal matters (think malpractice suits). With AI, you have less of a chance of making an error or missing something important because the software is able to analyze data in ways that would be impossible for humans alone and it’s always on top of things.
With more accurate decision-making capabilities and better insights into how cases will unfold, artificial intelligence allows lawyers and other professionals who work within this field to spend less time gathering information from clients or digging through documents manually, allowing them to focus their efforts on solving complex problems instead of spending precious hours simply trying to gather enough evidence before making a move forward in the case at hand
7. Better Organization
- AI can help you organize your files
- AI can help you organize your documents
- AI can help you organize your emails
- AI can help you organize your calendar
- AI can help you organize your tasks
8. Detecting Plagiarism and Frauds
- Detecting Plagiarism and Frauds
- Identifying Similar Documents
- Spotting Patterns of Plagiarism or Fraud
AI can help you detect plagiarism, fraud, and similar documents by highlighting them and identifying trends in the data.
9. Access to Data and Resources
AI is a powerful tool that can help you better use the information you already have, as well as make new connections between previously unrelated sources. With AI, law firms have access to more data than ever before, which means they have more information available to draw on when making decisions.
For example, AI has been shown to be effective at helping legal professionals find relevant documents in their clients’ case files faster than humans could do so themselves (and without any lawyerly side effects). This increased access means that it’s easier for lawyers from your firm—or from another firm—to provide services for your clientele.
It also means that you don’t need every last resource under one roof anymore: if someone needs something from another department within your organization but doesn’t want/need all of its employees involved or aware of what they’re doing, AI offers an easy way around this problem by sharing only certain pieces of information with other parties while keeping other sensitive details confidential until necessary.”
10. AI can take a lot of the tedium out of legal practice, leaving you more time to interact with clients or partners.
One of the biggest benefits of AI is that it takes much of the tedium out of legal practice, leaving you more time to interact with clients or partners.
You’ve probably heard this before. But how much time do you really save? According to a recent survey by Clio, lawyers using document automation tools like e-sign and e-file are spending up to 30 hours per week less than those without these tools. And when asked what they did with all that extra time, most respondents said they would use it “to focus on client service and operational tasks as opposed to routine paperwork activities.
So, there you have it. These are just some of the ways in which artificial intelligence can make your practice more efficient and productive. We hope that we’ve helped you to see how this technology can be useful for your business, but if not then please get in touch with us today!
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Editorial Staff at OREL IT are experts on artificial intelligence and machine learning.