Navigating Risks And Opportunities Of AI In Legal Practice
www.livelaw.in
Deciding whether to leverage Artificial Intelligence for better legal outcomes may not be as long-standing a case as the petition involving Berhampore Bank’s liquidation. This petition took nearly seven decades to reach its logical conclusion. The use of AI, comparatively, may find acceptance faster
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Summary
The use of Artificial Intelligence (AI) in the legal industry has the potential to streamline processes, improve efficiency, and enhance access to justice. AI-powered tools can analyze vast amounts of data, perform legal research, automate contract review, and predict case outcomes. However, there are risks and pitfalls associated with AI in legal practice. These include the potential for biased decisions, privacy concerns, the lack of human judgment and ethical considerations, and the need for accountability. Lawyers and policymakers must address these risks and ensure that AI systems adhere to ethical guidelines and maintain transparency.
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- Deciding whether to leverage Artificial Intelligence for better legal outcomes may not be as long-standing a case as the petition involving Berhampore Bank’s liquidation. This petition took nearly seven decades to reach its logical conclusion. The use of AI, comparatively, may find acceptance faster in the legal industry although currently the prac...
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