How Artificial Intelligence can useful for Legal System

1. 3/3/2021 How Artificial Intelligence can useful for Legal System | by Kalyani Tangadpally | Mar, 2021 | Medium Open in app Kalyani Tangadpally 5 Followers About How Artificial Intelligence can useful for Legal System Kalyani Tangadpally 5 hours ago · 5 min read Image Source:topbots Using Artificial Intelligence here is pretty easy — look for keywords in megabytes of data. This saved the amazing time and money it would have to spend attorneys to find documents that could be related. Later, AI was used to get rid of duplicate documents and reconnect strings of emails, done in minutes. https://kalyanitechblogs.medium.com/how-artificial-intelligence-can-useful-for-legal-system-a57d6dcfb1d4 1/5

2. 3/3/2021 How Artificial Intelligence can useful for Legal System | by Kalyani Tangadpally | Mar, 2021 | Medium That would take days if it was done by people, and AI could finally find documents for context, ideas, and tone with so-called predictive encryption, which goes way beyond simple keyword searches. Predictive encryption is even used as a tool for internal compliance checks — to screen data within minutes or hours. Artificial Intelligence in Law And Legal Practices While some internal law departments still use paper invoices. But most have switched to e-billing. There is a lot of information in e-billing systems. Unfortunately, many corporate lawyers are not good at extracting information in a useful way. AI is solving that problem by giving it the ability to Analysis of how the work performed is in line with the other work performed by the company, how the performance compares to the work performed by other companies, how the company is engaged and the performance Compare it to the market in general. Imagine arming it with it the next time you want to discuss your billing rate with your law firm. Check: The Significance of AI Technology By Industry It also has operational tools that can provide you with reports and dashboards that show you what types of jobs are legal, who are doing the work, how long it takes, and the job’s risk data. how They can also assign tasks to the appropriate attorney. (In-house or outside) and provide case management tools. Advantages of AI in the Legal System Many law firms are investing in Artificial intelligence (AI) technology, and there is ample evidence that law firms investing in the adoption of AI technology can benefit greatly. The more obvious benefits are significant time savings, higher income, greater efficiency, and greater precision. Other advantages are creativity and less stress for lawyers. Recommended- Top Benefits & Risks Of Artificial Intelligence AI is becoming more and more essential in a world where the amount of data we deal with is exponentially increasing. The rise in legal data means more time spent analyzing the data. https://kalyanitechblogs.medium.com/how-artificial-intelligence-can-useful-for-legal-system-a57d6dcfb1d4 2/5

3. 3/3/2021 How Artificial Intelligence can useful for Legal System | by Kalyani Tangadpally | Mar, 2021 | Medium The good news is that AI and Advances in machine learning have enabled software to perform data-intensive tasks and recognize patterns in the data. Computers can identify pertinent information and spot errors and inconsistencies much faster and more accurately than humans. When thinking about the benefits of AI in legal practice, here are a few things to consider. I) Investing in AI leads to higher income. Revenue is often the most important metric for a business. Businesses investing in artificial intelligence are seeing results that turn into increased income, not just in the legal industry. In Accenture’s latest report on the future of the workplace, they found that businesses committed to AI and investing in human-machine collaboration can increase their income by approximately 38 percent. II) AI creates more accurate and high-quality work. AI has some major advantages over humans: being able to work faster, longer without distraction, and create fewer errors. Especially in the legal field Earlier this year, the AI contract review platform LawGeex studied how their AI solution competed with 20 top corporate lawyers. In their NDA review, they found that their AI tools had an average accuracy rate. 94 percent were exposed to risk in NDAs, compared with 85 percent for lawyers. III)AI saves time for lawyers One of the most talked-about benefits of using artificial intelligence legally is time savings, which translates into money savings. Computers are significantly faster than humans at processing certain types of information, especially when it comes to narrow and specific tasks. Some examples of what computers can do faster: Find and correct document errors, find and identify relevant information, conduct legal research, and analyze documents for errors, gaps in data, and inconsistent language. IV)AI is better for lawyer welfare By saving the time achieved through AI, lawyers can devote their time and energy to high-level jobs that computers can’t do. Knowing that AI reviews their work in advance https://kalyanitechblogs.medium.com/how-artificial-intelligence-can-useful-for-legal-system-a57d6dcfb1d4 3/5

4. 3/3/2021 How Artificial Intelligence can useful for Legal System | by Kalyani Tangadpally | Mar, 2021 | Medium also gives them more confidence in their work. It allows them to take risks and be more creative. Some of the jobs that AI can do right now, such as document review, proofreading, and legal research, can be tiring and a nuisance for lawyers. Allowing this low-level software to ease lawyers’ stress and help them focus on creative work, intellectual analysis, and strategic problem-solving. The result is that they are happier and have less stress and burnout. V)Better AI for customer satisfaction AI has a less obvious benefit in giving lawyers more time to talk to clients and develop deeper relationships with them. They can better inform their customers and spend more time explaining their legal strategy. Also, AI can help them achieve better results in their work and lead to a lot of customer satisfaction. Final Thoughts: Artificial intelligence can benefit lawyers by providing accurate information with resources and collecting them in a single document, saving a lot of time and money. The legal implementation of AI is of great importance because it improves the quality of the document and allows to perform various tasks efficiently and quickly. By replacing AI in the system it is possible to overcome all manual tasks and simulate human intelligence, which allows it to function more accurately than humans. https://kalyanitechblogs.medium.com/how-artificial-intelligence-can-useful-for-legal-system-a57d6dcfb1d4 4/5

5. 3/3/2021 How Artificial Intelligence can useful for Legal System | by Kalyani Tangadpally | Mar, 2021 | Medium USM Business Systems is one of the leading service provider in Artificial Intelligence, HR Management systems, App Development, Data Quality solutions, Work Force Service to build interactive experiences for all major platforms. As a prominent Mobile development company, we are delivering top-notch and high-quality App development services to various brands and businesses irrespective of the industry. WRITTEN BY Kalyani Tangadpally SEO Executive and a Content Writer interested to write on Artificial Intelligence, Mobile App development, Machine Learning, Deep Learning, HRM & tech Blogs Ai In Legal System How Ai Used In Law Ai In Law Ai Services Benefits Of Ai In Law About Help Legal Get the Medium app https://kalyanitechblogs.medium.com/how-artificial-intelligence-can-useful-for-legal-system-a57d6dcfb1d4 5/5