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Advantages and obligations of Artificial Intelligence

Until recently many of us based our opinion of Artificial intelligence on what they saw in big-budget Hollywood movies like The Terminator. The 1984 movie prophesied a cyborg killing machine set far within the future.

Much has changed since that classic film premiered and while the planet is safe from demonic cyborgs, AI is now getting used in chatbots and machine learning. Its applications range from image recognition platforms to automation and translation systems. Artificial intelligence can drive your car and parallel park at the top of the journey while your phone can tell you where to seek out a nice mocha latte.

The integration of technology with business practice is nothing new. Since the economic Revolution and therefore the advent of the production line, the way we work has continually evolved. And while the practice of law has processes that are locked in tradition, successful lawyers understand the necessity for innovation.

“Without a doubt, AI promises to rework the practice of law fundamentally,” consistent with the research paper Legal Ethics in the Use of AI. “AI holds out the promise of freeing lawyers from mundane tasks and allowing them to devote more of their time to counseling clients, which, after all, is that the core service of what lawyers do. Lawyers shouldn’t fear AI but rather embrace it. Professional ethics may require them to try to do so.”

Indeed, AI can quickly and efficiently analyze data. It also can run 24/7 with minimal oversight.

Mimicking cognitive functions like learning or problem-solving, Artificial intelligence  works by combining data with algorithms and iterative intelligence, which allows the software to find out patterns.

Law firms are already using AI to supply litigation and predictive analysis, due diligence reports, electronic discovery, contract management, legal research, and deception detection.

Lawyers can review contracts and documents and extract vital information to arrange data through applications like Kira.

In a profession steeped in legislation, precedent, statutes, and codes, there are new amendments and rulings constantly being released that have the potential to vary the face of the law. AI provides the power to review and analyze such pertinent data quickly and simply, unshackling lawyers to raised serve their clients.

According to Forbes, the legal services market is one among the most important in the world, grossing on the brink of US$1-trillion a year globally. The report also notes that “the field of law is tradition-bound and notoriously slow to adopt new technologies and tools.” Still, Forbes predicts that to vary within the coming years.

Artificial intelligence

“More than any technology before it, AI will transform the practice of law in dramatic ways. Indeed, this process is already underway,” consistent with the report. “The law is in some ways particularly conducive to the appliance of Artificial intelligence and machine learning. Machine learning and law operate consistent with strikingly similar principles: they both look to historical examples to infer rules to use to new situations.”

There is little doubt AI has and can play a task within the practice of law. Still, it’s important to be cognizant of the necessity for ethical guidelines.

In its report Legal Ethics in a Digital World, the Canadian Bar Association (CBA) notes “technology has become a crucial a part of contemporary legal practice. Lawyers should be ready to recognize when using technology is required to supply a legal service effectively and understand the way to use technology responsibly and ethically.”

When it comes right down to using AI technology, lawyers must realize that they need duties of supervision and independent judgment.

“If lawyers are using tools which may suggest answers to legal questions, they have to know the capabilities and limitations of the tools, and that they must consider the risks and benefits of these answers within the context of the precise case they’re performing on,” David Curle, director of the Technology and Innovation Platform at the Legal Executive Institute of Thomson Reuters, tells Above the Law.

There is little question that AI features a place within the law. How it’s used is up to every lawyer.