Artificial Intelligence (AI) applications in the legal industry already range from naissent to mature. However, the legal implications of such applications and trends in global regulation should be considered when assessing the suitability of any AI application. This leadership brief offers an overview of the current state of AI in the legal industry.
1 Executive Summary
Artificial Intelligence (AI) is making its mark in all industries, the legal industry being no exception. A handful of use cases are mature already, a few are benefiting from the rapid developments in Natural Language Processing (NLP) and Machine Learning, and a few are far-fetched and unrealistic solutions for the legal industry.
But the legal industry is not only impacted by leveraging the time and cost savings of AI in legal processes; The legal implications of broad AI integrations and trends in EU and US regulation should be considered when assessing the suitability of any AI application. This leadership brief offers an overview of the current state of AI in the legal industry.
