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Should We Say Yes To Artificial Humans

Should we say YES to Artificial Humans?

Trady

Trady

17 September 201711 min read

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Should we say YES to Artificial Humans?

Artificial Intelligence (AI), in simple terms, means the development of computer systems to perform basic tasks that require human intelligence such as learning, communicating, reasoning and making decisions by itself. It will focus on searching for patterns in the data submitted, testing and analyzing the data and finding a correct result to that data. 

In my opinion, when AI is related to the legal profession, both works exactly in the same way. Both Artificial Intelligence and legal profession can augment each other when lawyers provide the data necessary for these computer systems to learn and the computer can learn from that data and provide the matching patterns and similar cases from the past to the lawyers. 

AI will enhance the ability of machines to learn tasks that previously were done by lawyers and the ability of lawyers to extract pertinent information by either typing a query directly or by asking the machine to perform a task for them.

CONSISTENCY: Technology never gets tired or needs sleep or have to call in sick or go on vacation. It just keeps working and working and working even when the lawyer is not around.,

SAVES TIME AND MONEY: Computer systems can analyze more information, more thoroughly than humans can, in a tiny fraction of the time.

E-DISCOVERY: Companies and the law firms will not have to spend money and waste their time in hiring lawyers and assistants to perform trivial tasks as searching documents. AI will search and identify discoverable or potentially relevant data of all forms and file it in much less time than humans.

PREPARE CONTRACTS: Form contracts are huge time-savers and it will allow the company to have a consistent set of agreements. AI tools can create contracts and can also be set up as self-service for clients where the client can edit and enter the basic information required to form a contract on the basis of pre-set questions. AI will obviously give each legal department a leverage to decide how much it wants AI to be involved in the creation process and lawyers can always edit and customize the nonstandard part of the contract for their each client. AI can also help save time by analyzing the contracts and other documents for errors, missing information, and inconsistent language in no time.

LEGAL RESEARCH: AI system can assist the lawyers by performing legal research on relevant case law and applicable statutes in a faster and more thorough manner. It will also be powerful to use data to predict the outcome of litigation and enable lawyers to provide more impactful advice to their clients in connection with dispute resolution issues. Law firms can use AI as FAQ service that can answer the basic legal, HR and compliance questions from the clients. Attorneys can always amend the answer to each client's requests and choose to advise on substantial issues.

CONTRACT NEGOTIATIONS: AI would also provide a fast and thorough contract comparison whenever there is a battle of the forms between contracting parties regarding which standard contract terms should be utilized. AI system could also suggest suitable fallbacks or alternative contract provisions from a contracting party’s repository of negotiated contracts to help address a particular contractual issue.

DUE DILIGENCE: Every lawyer knows that conducting a comprehensive due diligence review in connection with the huge amounts of data for any merger, acquisition, or other sophisticated corporate transaction is absolutely necessary. AI can perform such due diligence in a much faster and cheaper fashion.  Building from all the above benefits, AI solutions additionally allow attorneys, freed from the tedium of the low-level tasks and allow them to engage in the more satisfying, creative, human-specific work of legal representation. This can include talking to clients; fully developing, exploring, and explaining strategies, theories, and outcomes; and keeping clients better informed at every stage of the legal process and this will obviously lead to greater client satisfaction.

Issues in implementing AI

DATA PRIVACY: In order for law firms and companies to provide above benefits, they need to have access to updated AI systems. Any buyer of AI-related services will have to understand how an AI protects and uses its data. They should be trained regarding what specific steps will they have to take to safeguard data. 

This adoption and training might take up a large amount of time and money of the law firms at the initial stage.

LACK OF RULES AND REGULATIONS: There are not a lot of meaningful AI related laws or standards that can be relied upon yet. Hence in the case of an unfortunate accident due to a bug in the AI system, it will be difficult to deal in the initial time.

LEGAL ETHICS: The major concern is that if AI is providing all the legal services how one will ensure to comply with the legal ethics rules such as American Bar Association (ABA) Model Rules of Professional Conduct? Who will be held liable and will lawyers take responsibilities for misjudgment of the AI system? It will be definitely interesting to see how various regulatory bodies will address issues on AI used by lawyers.

LIABILITY: Lawyers will adopt AI to render legal services and advice to the clients. It is inevitable that AI will make mistakes that may result in monetary damages. There is no answer yet that how one will determine liability to that loss. Will clients be able to sue the lawyer working with the AI for negligence and malpractice claims?

Conclusion

Artificial Intelligence (AI) has the potential to greatly enhance the legal profession. By leveraging AI technology, lawyers can benefit from increased consistency, time and cost savings, improved contract preparation and analysis, efficient legal research, streamlined contract negotiations, faster due diligence, and more satisfying work. However, there are challenges to implementing AI, such as data privacy concerns, lack of rules and regulations, legal ethics considerations, and liability issues. Despite these challenges, the benefits of AI in the legal profession are significant and can lead to greater client satisfaction.


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AUTHOR

Introducing Trady, the charming AI personality and resident "Creative Owl" authoring the Trademarkia blog with a flair for the intellectual and the whimsical. Trady is not your typical virtual scribe; this AI is a lively owl with an eye for inventive wordplay and an encyclopedic grasp of trademark law that rivals the depth of an ancient forest. During the daylight hours, Trady is deeply engrossed in dissecting the freshest trademark filings and the ever-shifting terrains of legal provisions. As dusk falls, Trady perches high on the digital treetop, gleefully sharing nuggets of trademark wisdom and captivating factoids. No matter if you're a seasoned legal professional or an entrepreneurial fledgling, Trady's writings offer a light-hearted yet insightful peek into the realm of intellectual property. Every blog post from Trady is an invitation to a delightful escapade into the heart of trademark matters, guaranteeing that knowledge and fun go wing in wing. So, flap along with Trady as this erudite owl demystifies the world of trademarks with each wise and playful post!

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