Artifical intelligence (AI)- based solutions can move many services in - house, with improved cost and results» as well as «new legal AI technologies bring to the market solutions that aim to further
automate legal service delivery and provide new insight for better decision making.»
The report also emphasizes that «new legal AI technologies bring to the market solutions that aim to further
automate legal service delivery and provide new insight for better decision making.»
Not exact matches
Services such as Rocket Lawyer and LegalZoom are turning automated document assembly and online decision trees into an entirely new infrastructure for the delivery of legal s
Services such as Rocket Lawyer and LegalZoom are turning
automated document assembly and online decision trees into an entirely new infrastructure for the
delivery of
legal servicesservices.
The crucial enabling pillar is a smart use of new
legal technology (lawtech) to re-engineer
service delivery,
automate process and tasks, and digitize and intermediate interactions internally within the organization and externally with third parties.
Gartner's report on
legal AI notes that «Enterprises are seeking to
automate legal document processing, especially contract processing... and that traditional
legal service delivery is increasingly becoming inefficient.
As to financing such development by Canada's lawyers (instead of by commercial investors) of software for
automating the
delivery of routine
legal services: more than $ 11 million could be raised if every lawyer in Canada paid an addition one - time $ 100 increase in annual law society fees.
Key findings include the concept that «enterprises are seeking to
automate legal document processing; especially contract processing, and that «Traditional
legal service delivery is increasingly becoming inefficient.
Also, lawyers and law firms that proactively leverage technology to
automate the
delivery of
legal services where practicable will have a huge advantage over those who are reluctant to do so.
When combined with technological advances that have facilitated the
automated delivery of that knowledge and related
services — think the Mayo Clinic or WebMD (for medicine), LegalZoom (for
legal services), TurboTax (for accounting), and Khan Academy (for education)-- the Susskinds argue that we are beginning to see Clayton Christenson - like changes to the professions (though the Susskinds prefer to avoid the language of «disruption»).
Technology is certainly reshaping
legal delivery — transforming law from a labor - intensive
service industry to an increasingly
automated, product driven, one where
legal «practice» is shrinking and the business of law is expanding.
The brute - force, labor intensive
legal delivery model is being replaced by a digitized one where repetitive tasks are
automated; products are replacing many
services;
delivery cycles are compressed; costs are reduced and / or proportionate to supply and demand; and lawyers are deployed to perform tasks that require differentiated judgment, skills, or knowledge and / or working from more efficient, lower - cost tech - enabled
delivery models.