Artificial intelligence has been in the legal space for quite some time. It is transforming legal practice. In fact, AI tools allow law firms to review and analyze vast amounts of data and find trends in the data with pinpoint accuracy. No need for law offices to require a highly skilled staff of secretaries and paralegals.
AI provides all of the services a legal practice needs. A small law firm now operates with ease in competition with firms of greater resources. AI in law is a new and emerging field. It has the potential to change the way legal work operates. Legal tool apps, like MyLitBag, allow firms to analyze information and read through documents in a fraction of the time, in the palm of their hand.
How to Choose Which AI Assistant Fits Your Legal Practice Needs
The legal practice profession is constantly evolving. Legal assistants and lawyers face increasingly complex tasks. Struggling to complete legal tasks can occur without the right software.
For efficiency in law practice, choose the best law firm software for your and your client’s needs. Determine the type of law you practice and the corresponding needs. For example, working in a small firm vs. a solo practice. The needs differ in a small firm from a large law firm.
Look for applications and products for legal professionals which
- Increase productivity
- Facilitate alternative work arrangements
- Reduce your carbon footprint
- Save time, effort, and cost
Top AI in Law Use Cases
Legal firms are revolutionizing the practice of law through the use of AI. To illustrate, law practices use AI in numerous ways. The following top AI in law use cases include:
1. E-discovery: The process of finding and reviewing digital data that might be relevant to a legal dispute or investigation is improving with the help of AI. In other words, sorting through data, discovering the most relevant information per caseload.
2. Contract review: Contract reviews can be tedious and time-consuming for lawyers, automate this process with the help of AI assistants. AI reads contracts quickly and efficiently. Additionally, highlights any potential issues or problems that may arise from them.
3. Legal research: A lot of legal research involves looking up case law within a jurisdiction. But AI assistants make this process much more manageable. By quickly sorting through relevant cases and providing legal advice, AI works for you. For example, they help people determine what their rights are. In any given situation, AI helps determine grounds for an appeal.
Replace Your Binders
MyLitBag (short for “My Litigation Bag”) is an IOS-based tablet app designed by and for litigators. This AI in law app creates virtual binders which replace lawyers’ document binders. Without cumbersome and costly binders, lawyers are free to practice at their highest level. MyLitBag allows you to:
- Build and organize virtual legal binders
- Annotate, highlight, take notes, and erase within document virtually
- Flip from one page of the document to another using numbered “tabs,” and reorganize and re-number documents automatically
- Flag pages with “sticky notes” for immediate access
- Link relevant portions or provisions with “See” and “Nota Bene” cites
- Create, save, and share entire case files and binders
- Organize digital filing cabinets
- Share virtual binders effortlessly by email
AI in Law, Saving Lawyers Time & Money
AI has the capability to quickly process large amounts of data and produce accurate results. Technology is currently used in the legal industry by law firms and government agencies. Legal research is one of the most time-consuming tasks for lawyers. They spend hours poring over cases, statutes, and regulations. Lawyers dedicate considerable time to finding cases relevant to their client’s cases. Lawyers get details and information in minutes rather than hours or days with AI.
Many law firms are using AI for document review and discovery. These are necessary processes during pre-trial preparation. The use of AI in law is likely increasing because it can save both time and money. In the field of law, AI assistants are automating, as well as simplifying the legal process. They are transforming legal practice. They help provide legal advice to their clients.
To conclude, there are many AI assistants available for your practice. The first step is deciding which type of assistant you need. An artificial intelligence assistant is always ready to work and at your service. With due diligence, know your needs, goals, and budget. In so doing, you are choosing the right software for your practice.