Algorithms, Data, and Contemporary Legal Industry

There had been headlines all around with the advent of technology that artificial intelligence what's going to replace lawyers and that why would you need a lawyer when you had machines to do their work. However, this was not the case as was found out later. Artificial intelligence reduced the billable working hours of lawyers by 13 % which cannot be considered as it considerable amount to have a negative impact on a lawyer’s career. On the contrary, the benefits of artificial intelligence and the human time and effort that was being saved as a result application of artificial intelligence to legal work was far more than the risk of artificial intelligence replacing human lawyers. Which new technologies got new and hyped-up expectations. However, every coming of the edge and cutting off the edge technology must be viewed with a bit of practicality and its impact on the future of human civilization. In the current scenario, artificial intelligence has more benefits than risks when it comes to using it for the legal fraternity. There were many apprehensions that artificial intelligence will be a disruptive technology in the sense that that the way normal lawyers work will be changed forever. However, it has turned out to be a development or an evolution to the legal processes carried out in the entire legal fraternity. It is of course, obvious, that lawyers will have to adapt to working with new technologies, but it is a positive sign as technologies make it a whole lot easier for humans to do their work. This article studies the scope of artificial intelligence, its applications in the legal fields, its negative and positive impacts in the world, and how AI has the ability to change the way the legal fraternity works.