Building a Better Lawyer – AI and the Future of Law Firms
Omar Ha-Redeye moderated a panel at the 2015 Canadian Bar Association (CBA) Legal Conference on Aug. 15, 2015:
ARTIFICIAL INTELLIGENCE AND THE FUTURE OF LAW FIRMS
Much of the debate surrounding the future of law practices centers around how New Law and the emergence of Alternative Business Structures are changing the delivery of legal services. But could the impact of Artificial Intelligence make such developments pale in comparison? AI processing systems are already being tested in the workplace and by some estimates they will be performing low-level knowledge economy work on a large scale by 2030. As a result it is expected that the cost of process legal work will rapidly drop. The panel will explore what this will mean for the economic model of law firms.
Live broadcast of the panel is available here.
Glenn Kauth of the Law Times covered the panel here:
Despite the concerns and potential pitfalls, lawyers need to get an early start on using artificial intelligence before it becomes widespread, the Canadian Bar Association’s legal conference heard on Saturday.
“You need to use it right now while you can still get a competitive edge,” Noah Waisberg of contract review and analysis software provider Kira Inc. told participants at a session moderated by lawyer Omar Ha-Redeye on artificial intelligence and the future of law firms on Saturday morning.
The focus of the Calgary conference was on ways to innovate and adapt to the stresses the profession is under as technology and client demands challenge the current business model.