What Leading Voices in Legal Are Saying About: The Rise of AI The Use of AI Will Increase in Law Firms and Legal Departments
industry in coming years, The National Law Review reports that 36% of lawyers say that AI tools will be mainstrea m within the next five years. 2
About This Trend AI has enormous potential to accelerate efficiency and improve effectiveness in the legal industry. It can be used in eDiscovery, legal research, document management and automation, due diligence, litigation analysis, improving internal business processes, and more. Lawyers have shown an unprecedented level of interest in recent advancements in AI because of its wide popular appeal and potential to improve their work lives and job satisfaction. A Thomson Reuters Institute survey of lawyers revealed that 82% of respondents feel positive about generative AI’s potential use in the legal profession. 1 Both reflecting and illustrating how AI will impact the legal
Why the Use of AI Tools Is Increasing
AI represents a significant shift in the way
technology has been adopted by the legal industry,
typically known for taking a cautious approach to
implementing new tech. AI has a unique appeal that is
driving its rapid adoption. The Wolters Kluwer report
found that 73% of legal professionals say they’ll be
integrating AI into their legal work in the coming 12
months. 3
The fact that generative AI is designed to work with
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24 VOICES FOR 2024 LEGAL TECH TRENDS IN AI & AUTOMATION
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