Role of Artificial Intelligence in Law Firms
Artificial Intelligence is a tangled issue that is found to be affecting
almost every other sphere in today's era. The core idea behind this terminology
is a machine that can think and act like humans- making and practically applying
its own decisions by properly formulating and using a typical thought process.
This technology is affecting our daily lives in a positive manner and has the
potential to immensely modify the manner in which humans would interact with
each other and also in the digital world. It has now come forth in the market
and is making its way through the industrial spectrum as it is noteworthy that a
significant number of industries today - not specifically related to technology
but covering all the other dynamics, are welcoming AI.
This being said, the legal industry may not have been among the first to embrace
Artificial Intelligence, it sure has a lot of potentials to benefit from this
technology and turn it into a perk for their advantage. At present, a notable
usage of AI can be seen by its implementation in legal areas such as
'e-discovery', 'legal research', 'compliance', 'contract analysis',
'documentation', and 'due diligence, etc.
It requires tremendous effort by the side of the lawyers so that they can give
their best and create the best arguments in favor of their client so as to
secure a win in a court. One of the most important aspects is the legal counsel
that is given by the lawyer to the client who barely understands the legal terms
and technicalities. This process is tiresome and time-consuming at times. Here,
the assistance of AI can be sought to decrease the amount of time consumed in
this process- the drafting of contracts and arguments, filing of evidence(s),
researching legal precedents, etc. can be all completed through this technology.
Now, if we delve into the international perspective related to the usage of
Artificial Intelligence in the legal system, recently, a company from the USA
created the world's first AI legal system named 'ROSS Intelligence' that has
been widely encompassed by legal researchers. Through ROSS, the company has
tried to make legal research tasks more efficient and agreeable.
With lawyers putting in less effort than before and achieving far more positive
results as well as this technology catering more to the specific needs of the
lawyers and their clients shows that the use of Artificial Intelligence like
this can be of great advantage as simulating certain intellectual progressions
of the human mind, AI enables the computers to effortlessly complete several
basic job functions.
Talking about the present conditions, the Covid-19 pandemic has brought a
technological revolution that has resulted in several long-term structural
changes in the advancement and progression of industries of all kinds, because
of the disruption caused by this virus. In the field of law, there is an
increase in the adoption of Artificial Intelligence as this is ensuring better
client service and boosting productivity at present when most of the law firms,
as well as the court of law, have sought to work from home in this situation.
Using AI technology provides an option to explore diverse ways of working for a
lawyer who may have abruptly switched to work from home. The Courts, both in
India and other nations have switched to online platforms to continue with the
proceedings as it is impossible to do the same physically like before due to the
pandemic. The courts have suspended in-person oral arguments and have switched
to remote appearances, through video sessions as well as telephonic and other
electronic means.
This is why the inclusion of AI at present is bringing about a massive change in
the legal industry worldwide. There have thus been several moments of
realization of the power and impact of today's advanced technology and its
ability to simplify several legal procedures in a financially viable, efficient,
and effective way.
Articulating the application and impact of Artificial Intelligence in the Indian
legal system, can prove of great importance as the Indian legal regime is vast
and changing constantly, and through advanced AI technology, lawyers can get
exceptional insights into several legal purviews within no time. For instance, a
research platform supported by Artificial Intelligence can provide useful
results within seconds and can also regulate the required expenditure for
quality legal research. This can provide lawyers with highly efficient and
advanced legal tools so as to serve their clients in a better way.
The scope of AI in Indian law firms is capacious as the Indian legal sector has
seen little innovation in terms of technology as a number of lawyers still stick
to the traditional research and working methods which are often found to be
exasperating, pricey, and also cumbersome. Artificial Intelligence can
successfully play a big role in changing the modus operandi of lawyers in India
and provide a new approach towards Indian laws and their interpretations.
Several Indian Startups such as Case Mine, Manupatra, SCC Online are working
towards making the lives of the lawyers easy by providing a smooth online
platform created on the basis of AI technology that helps them conduct research
for their cases. These often go beyond simple Keyword-based search and
make the research work even more coherent. It can be thus said that it has
become imperative for the Indian law firms to realize the competitive blessing
by understanding the requirements of the client and then using the technology
for legal research and other work.
Also, the Indian Judiciary has recently shown an inclination towards AI-based
operating systems proving to be more efficient. For instance, The Supreme Court
of India has launched an official AI-driven application [SC Vidhik Anuvaad
Software] specially created by machine learning translation technology by
Artificial Intelligence. Concluding, it can be said that AI-based software and
programs can reduce a lawyer's time and effort considerably and can push the law
firms towards a more result-oriented outcome benefitting the clients and thereby
themselves.
The benefits of AI-based systems are so immense that even the cost is
overwhelmed by benefits, described the teams and clients as it becomes important
for everyone to participate in this progression of their roles and use it to the
best of its abilities so as to develop the legal system in India.
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