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06 September 2018 / Nancy Jessen
Issue: 7807 / Categories: Features , Legal services , Profession , Technology
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A changing landscape

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It’s time for lawyers to get smart about artificial intelligence. Nancy Jessen reports

  • ​How is the legal profession perceiving artificial intelligence and adapting to it?
  • Are firms taking the steps needed to embrace AI or is the fear that lawyers are being replaced pervading the industry?

Recent studies are forecasting that by 2021, 46% of companies will not only have implemented artificial intelligence (AI), but also be spending in excess of $58bn annually on it. AI is being bought, built and used at a higher rate than ever before across a range of industries, with the aim of furthering businesses’ goals in making them as cost-efficient and productive as possible.

LexisNexis recently conducted a survey with lawyers, which showed that 75% of respondents realised that their sector is changing at a faster pace than ever before, but somewhat contradictory only 20% of the lawyers surveyed agreed that their firm needed to evolve. So do the other 80% of respondents believe that their firms are already doing enough, or are they not fully appreciating

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MOVERS & SHAKERS

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Sponsored by
WSP Solicitors—David Ashcroft & Jessica O’Shea

WSP Solicitors—David Ashcroft & Jessica O’Shea

Commercial property and child law teams expand with senior hires

Duxton Hill Chambers—Lucas Bastin KC & Joshua Hiew

Duxton Hill Chambers—Lucas Bastin KC & Joshua Hiew

Set expands London and Singapore offering with senior international disputes hires

Gilson Gray—Gregor Duthie & Stephen Forsyth

Gilson Gray—Gregor Duthie & Stephen Forsyth

Firm strengthens real estate and litigation teams with partner promotions

NEWS
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Uber has built a formidable strategy for insulating itself from liability for drivers’ conduct, but the legal terrain differs sharply between the US and England and Wales
NLJ this week: Is it finally time to scrap Part III?
The Civil Justice Council’s review of Part III of the Solicitors Act 1974 could mark the end of what one commentator calls an ‘outdated’ and overly technical regime governing solicitor-client fee disputes
NLJ this week: Hereditary peers era finally comes to an end
The House of Lords (Hereditary Peers) Act 2026 marks a constitutional watershed by severing the centuries-old link between hereditary titles and automatic membership of the upper chamber
NLJ this week: Courts tighten scrutiny of AI and public power
Artificial intelligence, proportionality and public decision-making are under increasing judicial scrutiny, according to the latest public law round-up from Herbert Smith Freehills Kramer
NLJ this week: Why handshake property deals rarely survive court
Families relying on informal agreements over property ownership could face costly consequences if disputes arise, the High Court has warned
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