See how Artificial Intelligence revolutionizes the legal sector
Management of mass litigation is one of the great areas benefited; 114 thousand jobs could be replaced by machines in the next 20 years
Immense amounts of processes, internal files, client documentation and other types of data are generated daily by law firms. Therefore, Artificial Intelligence tools organize and hierarchize this information, deeply altering the routines of professionals.
An analysis by Deloitte Insight estimates that, over the next 20 years, more than 114,000 positions may have to be rethought, on account of AI, only in the legal sector.
“The use of AI is increasingly recurrent, reducing the need for a large number of lawyers,” says Ricardo Chazin, partner and headhunter of Laurence Simons, a British multinational specialized in recruiting professionals in the sector.
According to the executive, all areas of law can use technology to bring efficiency to processes. The main one is the management of mass litigation, that is, the same or similar actions of consumers against certain companies.
“In the case of telephone companies, for example, customers are similarly injured and come to court with undue charges, moral damages and other similar issues.”
Once programmed, Artificial Intelligence can understand what is required by the claimant, file and file a defense petition without a lawyer.
The technology can also be applied in the labor sector of large companies. Gathering the demands of employees coming in with similar actions, the AI files a prompt and automatic defense.
Thus, the company streamlines the progress of the processes and resolves the open issues more quickly. “The technology also helps to record minutes and other processes that happen frequently in the company,” explains Chazin.
In this context LawTechs come into the picture, companies that develop solutions to facilitate the routine of lawyers, connect citizens to the law and change the way the judiciary acts.
“These companies have realized that although mass litigation is the flagship, other areas can also transform with technology,” says Chazin. Thus, they create software that assists in general assemblies, the viabilization of fast agreements between lawyers and companies and other actions.
Although the technology will replace some functions, the professionals will continue to have space in the market, according to Ricardo. “The function of the lawyer is becoming more restricted to those who have technical quality.
Good professionals will still be key players in helping to clarify more complex and broader cases. Technology complements and streamlines office service. “