By Artificial Lawyer, September 17, 2016
This post has been viewed 2,576 times.
The International Legal Technology Association (ILTA) recently published its ‘Technology Purchasing Survey’ during its marquee annual event in Maryland, USA, giving significant space to AI in the results for the first time.
The first finding of the report regarding artificial intelligence (AI) software is that 3% of responding members said they had made legal AI software ‘purchases’ in the last 12 months and 6% intended to do so in the following 12 months, or 9% over a 24 month period for the 172 responders to the survey.
Also, 2% of respondents said they were already using AI systems in some way, with a further 11% ‘evaluating’ their use. Perhaps predictably at this stage half of those looking at AI were classed as working in ‘Large Firms’.
And finally, when asked where they saw legal AI most having an impact the respondents replied (in order, highest first): electronic discovery; document automation; legal research; contract analysis; case prediction; and finally compliance.
