How Prepared Is the Legal Industry for the AI Revolution?
The legal industry is on the brink of significant transformation, as the integration of artificial intelligence (AI) becomes increasingly prevalent. While some segments of the legal profession have been quick to adapt, others are still grappling with the challenges that lie ahead.
Notably, Westlaw — a leading legal research platform — recently announced its integration of iterative AI, highlighting the industry’s evolving landscape. However, the judicial and legislative branches of government seem to lag in preparedness.
“Historically, people have been apprehensive about emerging computer technology,” comments Rob Scott, Chief Innovator of Monjur. “But the power of AI is breathtaking.”
With AI-driven advancements already commercially available in legal research, document creation, and editing, it is crucial to assess the legal industry’s readiness for the impending AI revolution.