Digital White Papers

Corp19

publication of the International Legal Technology Association

Issue link: https://epubs.iltanet.org/i/1186592

Contents of this Issue

Navigation

Page 15 of 18

I L T A W H I T E P A P E R | C O R P O R A T E L E G A L D E P A R T M E N T S 16 B Y J O N AT H A N R E E D Closing the Skills Gap AI, Analytics and the Legal Profession A rtificial intelligence has been one of the biggest legal tech buzzwords of the past decade. AI, however, is far more than just a technological benchmark. AI-powered tools and platforms allow lawyers to better discover trends and answer critical questions in order to achieve better matter outcomes and run more efficient practices. Most importantly, AI allows lawyers to do all these things without having to understand the underlying data science or write complex code. With a basic understanding of what AI is and how it works in the legal profession, law departments stand to take maximum advantage of today's technological offerings. The Current State of AI The term AI has been around for decades, ever since Hollywood's rise-of-the-machines scenarios tried to scare people into thinking that robots would take their jobs. In reality, we are far from that level of advancement. Nonetheless, AI is already all around us every day. AI today exists in four main categories. The first and most basic is reactive machines, which can be programmed to perform certain actions, but are incapable of holding memory or utilizing experience to predict outcomes. One example would be sensors that know to light up when you walk through a specific area. The next category is limited-memory AI, which is essentially the next step beyond reactive machines. Think of technologies like smart thermostats – they

Articles in this issue

Archives of this issue

view archives of Digital White Papers - Corp19