Have you ever heard about an artificial intelligence-driven attorney? Well, global law firm BakerHostetler recently announced the employment of a non-human lawyer created by ROSS Intelligence.
Artificial intelligence has indeed proved its many uses to mankind despite its reported looming existential threats. Recently, the hottest technology of AI has invaded the legal system.
The Future Of The Legal System
ROSS Intelligence cofounder and licensed attorney Andrew Arruda reportedly believes artificial intelligence is the future of the legal system. According to CBS News, Arruda's tech startup company aims to incorporate AI into the legal world to give lawyers another resource for legal research while lowering the expenditures of a law firm.
"The problem point we're solving is lawyers spend 30 percent of their time doing legal research,"Arruda said. "And 80 percent of Americans who need a need a lawyer can't afford one. By building our system, we allow lawyers to do more with less."
The ROSS Platform
Built upon IBM's Watson technology, ROSS's voice recognition app combines Natural Language Processing (NLP) with cognitive technology, enabling it to comprehend questions and respond with references and citations-supported hypothesis. The artificial intelligence-driven platform can also improve legal research as well as closely monitor current litigation so that it can notify lawyers about recent court decisions that may affect their case.
ROSS also has the ability to learn from experience and the more lawyers with it, more knowledge and faster operation are gained, Fortune notes.
The BakerHostetler Law Firm
The BakerHostetler Law Firm was the first client that has recently collaborated with ROSS Intelligence to use its artificial technology platform for bankruptcy matters. Deemed as one of the largest law firm in the United States with more than 900 lawyers employed, BakerHostetler said AI technology can help improve the services it offers to their clients, CNBC learns.
"At BakerHostetler, we believe that emerging technologies like cognitive computing and other forms of machine learning can help enhance the services we deliver to our clients," BakerHostetler chief information officer Bob Craig said in a statement, as per Quartz.
The artificial intelligence-driven platform, however, won't be used in the courtroom. Instead, it will reportedly be a major resource for lawyers who are preparing for litigation.
How Will Artificial Intelligence Affect The Legal Market?
As artificial intelligence invades the legal system, some skeptics can't help but wonder about AI's impact on the legal market. Bar & Bench reports artificial intelligence-driven ROSS can either help or replace legal professionals.
The legal publication also noted the most probable scenario in the legal industry will be a mixture of "help and replace," where AI-enabled technologies and ROSS can take some tasks like legal research. Non-AI or human lawyers, on the other hand, will take the tasks of structuring transactions, understanding client needs and drafting legal opinion.
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