Article on Importance of Al
Litigation
By: Shivani Mandle
Introduction:
Artificial
intelligence (Al) is a tool that performs different tasks like how the human
mind performs. By applying its own algorithm likewise, a human intelligence
applies its reasoning. It is a popular technology that
makes our personal and professional lives easier and more convenient.
Artificial intelligence in
litigation may substantially enhance productivity and reduce time and costs for
organizations.
Relationship of Al with litigation:
In
legal Profession, Al is playing a very important role i.e., legal research and
analysis, relevant Case laws finding Cases, legal judgement, Accessible
to more resources, and it is also a provide solutions.
Artificial
intelligence and law have a very close relationship. In today's World it can
provide an effective solution to lawyers as well as law students to research,
paperwork and management in the legal profession. In the courts there are
also use Al to make legal decisions.
·
Easily convenient
·
Case Prediction
·
Legal Research
·
Accuracy
·
Systemized
Importance of AI in Litigation
In the litigation there has seen a significant increase in
competition for the lawyers and the law firms would approach
their clients with fresh ideas and more genuine and cost-effective legal
solutions and it's also very
efficient in nature and a client-friendly in recent years.
Al based legal solutions assist law firms and companies in
becoming more efficient, lowering expenses and
increasing revenues. Future law firms will incorporate these technologies to
develop Al based solutions that
will benefit the legal industry.
·
Litigation Analysis —Al for lawyer to be able to
determine the potential success of a legal cases, or
calculate it's cost, and it also need to examine past landmark cases
thoroughly.
·
Due Diligence Process — Lawyers
must review vast amounts of contracts, which takes a lot of time, and it is challenging too. Al helps to
find and retrieve documents needed for due diligence and can notice changes or issues in the documents.
·
Easily Accessible —Accessing legal help is often expensive and not everyone
can afford it. Al helps solve this issue and
makes legal services more accessible.
·
Productivity Increased — In the
litigation Al tools to automate routine tasks that usually take a lot of time and effort. There are examples — eCourts
Services App which is very helpful for finding Case
date, Jurisdiction, stage and it's easily accessible too. As a result we
receive improved productivity and
efficiency and can handle more tasks in a shorter time.
·
Legal Research —The term Legal research still
needs to be done by people, but Al can make this process
much easier. When the lawyers use Al legal research software, they can search and scan databases of statutes, Case laws, jurisdictions
and more.
Merits of Al in litigation :
·
Time saving
·
Cost saving
·
Provide solutions
·
Accessible to more resources
·
Reduces Errors
Demerits of Al in Litigation:
·
Privacy breach
·
Laziness
·
Security and Accountability
·
Accuracy
·
Limited human involvement
Conclusion:
In this article, the main feature was to highlight the
importance of Al in Litigation, relationship of Al with
litigation, merits and demerits of Al are discussed under. The impact of Al on
legal research will go much easier and it is
being done using Al tools with minimal human involvement. It
is great reminder to all the people associated with the field of law how to familiarize With Al and make the best use out of it.