AI and the Future of Legal
For years, artificial intelligence (AI) has already been changing the ways we work and we live without our own realization. We may not realize, but we interact with AI every time we open Facebook, every time we execute a Google search, or every time we search for Expedia recommendations.
There was a time when people were afraid of it because they thought it made them expendable. Not anymore. Through better understanding AI, we now recognize and accept that it will not replace humans, but will instead save them from mundane and repetitive tasks that lead to errors; it is hard to imagine a single job that could not benefit from adopting AI in some way, shape, or form. Humans will be able to direct their attention, skills, and focus on interesting and valuable work. Companies that do not accept and adopt technology will soon become obsolete and will not be able to survive. It is only through this advent in technology that we will be able to build solutions to meet the demand of today’s and tomorrow’s needs and problems
LegalTech is no different. For whatever reason, the legal industry has been a straggler in adopting technology. However, technology will be woven into the new tools and platforms while providing such a great user experience that lawyers, paralegals, and other end-users will not even realize that these tools are elevating their deliverables. These solutions will make in-house attorneys more efficient and productive and enable them to bring a higher quality of work and standardization across the organization while providing autonomous and continuous security and compliance – an impossible feat without the integration of technology. And organizations can accomplish all this while achieving two key C-level priorities: minimizing time spent, cost savings, and more importantly, compliance, data privacy and security.
Advocat Technologies is hard at work to build a modern AI-enabled platform that uses the most recent technologies to assist in-house attorneys with their legal research and drafting needs. These include Speech to Text, NLP (Natural Language Processing), NLU (Natural Language Understanding), cognitive services and machine learning platforms such as Azure Cognitive Services and Language Understanding (LUIS) from Microsoft, and the NLG (Natural Language Generation) platform such as GPT-3 from OpenAI.
The timing could not be better! These platforms have used hundreds of millions (175 billion for GPT-3) of parameters to train their systems, which provide robust and rich platforms for us to build on and create the most effective solutions for our customers right from the get-go. The best part is that attorneys can continue to work as before, without spending any time learning new ways of working, yet receive a richer user experience and be able to achieve more.
We invite you to be among the first ones to learn about how Advocat Technologies can help your organization. Please visit www.advocat.ai or send us a quick email at email@example.com to sign up for a demo and get started today!