This week is a bumper edition of the Sunday LawTech review as I’ve been out in Goa, India for the past few weeks looking for new climbing routes and helping to organise a Triathlon, and so haven’t published the usual weekly update.
AI Is One Of Today’s Hottest Buzzwords, But What Does It Really Mean?
Kicking things off this week, a good article in Above the Law from Andrew Arruda of ROSS Intelligence, in which he tries to pin down the meaning of Artificial Intelligence. A great starting point if you are new to LegalTech.
Keoghs launches AI product that will cut insurer clients’ legal costs
Legal Futures report that defendant law firm Keoghs have launched an artificial intelligence driven service called Lauri that cuts legal costs for their insurer clients.
Robot Lawyer LISA launches suite of property contracts
A Legal IT Insider press release reports that Robot Lawyer LISA has expanded the range of services she is able to offer to include tools that will help landlords, tenants, owners and property entrepreneurs create to create business leases, residential leases and lodger agreements together with the other party to the negotiation.
Artificial intelligence law firm aims to roll out in remote, low socio-economic communities
The people of Darwin, Australia now have access to a new Artificially Intelligent Legal Information Resource Assistant, or Ailira for short! According to ABC News the new system can help clients with consumer legal advice from wills to business structuring and asset protection, as well as tax professionals for tax law research. The business founders are keen to provide access to justice to people who can least afford it, and are looking to tie up with legal aid organisations that service remote areas of Australia in the future. Across the legal sector people are looking at how LawTech can better provide access to legal services to all, and this is another good example.
An Artificial Intelligence Has Officially Been Granted Residency
According to Futurism – Tokyo, Japan may has just become the first city to officially grant residence to an artificial intelligence (AI). As we continue to make further advances in artificial intelligence, the discussion surrounding laws relating to the rights of AI and robots will continue to grow.
‘Doing nothing isn’t the right answer’ – new research highlights scale of risks of AI
Legal Week report that Smith & Williamson’s annual law firm survey found that more than half (51%) of law firm respondents now pinpoint the adoption of new technology as one of the biggest challenges facing them over the next two to three years.
Blockchain: a numbers game
Michael Cross delivers a good write up about Blockchain in the Gazette.
Push Research: How AI Is Fundamentally Changing The Way We Research The Law
In Above the Law, CEO of Casetext, Jake Heller talks about Push Research and how transformative it will be to the legal industry. Push Research is where relevant pertinent information about a case might be supplied to you proactively because the system you are using understands the context of the case you are working on, as opposed to the current method where you would search for relevant information yourself. Heller cites the example of Google Assistant, which by using a combination of your current location, your diary and traffic reports can proactively alert you that you need to leave your office ten minutes early to arrive at your meeting on time.
Up to 70% of the law could be carried out by robots within a decade
Speaking at the Legal Futures innovation conference, Josh Browder (creator of the DoNotPay chatbot) claimed that up to 70% of the law can be carried out by robots and all legal documents will be automated within a decade, according to a recent article in Legal Futures. Browder added he was opposed to lawyers charging large amounts for “copying and pasting a few documents”.
Also published on Medium.