publication of the International Legal Technology Association
Issue link: https://epubs.iltanet.org/i/1193169
I L T A S U R V E Y R E S U L T S | A R T I F I C I A L I N T E L L I G E N C E & M A C H I N E L E A R N I N G 5 23.28% 27 37.93% 44 27.59% 32 6.90% 8 4.31% 5 Q1 How long do you believe it will be before AI-powered software will create fundamental change in the legal industry? Answered: 116 Skipped: 1 TOTAL 116 Already There 1 - 3 Years 4 - 6 Years 7 - 9 Years 10+ Years 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% ANSWER CHOICES RESPONSES Already There 1 - 3 Years 4 - 6 Years 7 - 9 Years 10+ Years ILTA Artificial Intelligence and Machine Learning Survey 0-10% 11-25% 26-50% 51+% 2 0 1 9 A R T I F I C I A L I N T E L L I G E N C E & M A C H I N E L E A R N I N G S U R V E Y R E S U L T S How long do you believe it will be before AI- powered software will create fundamental change in the legal industry? What three legal business uses do you believe AI-powered software will attain acceptable maturity in first? (in order of responses) 1. Contract Analysis 2. eDiscovery and Investigation Analysis 3. Legal Research 4. Outcome prediction 5. Legal Spend 6. Security and Threat Investigations 7. M&A Analysis 8. Privacy Analysis What % of work done by attorneys (both legal- specific and nonlegal work done by attorneys) do you believe will be replaced by AI-powered software in the next 5 years? List up to three legal AI Software in use or POC in your organization: — 55% — 28% — 15% — 2% There are six companies whose legal AI Soware is reported as being in use or POC in enough respondent organizations to list here: Relativity, Kira Systems, Thomson Reuters (Westlaw), Lex Machina, Luminance and iManage (RAVN). Others are beginning to show a presence that will be interesting to follow. Already There 1-3 Years 4-6 Years 7-9 Years 10+ Years 4% 7% 28% 38% 23%