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Lawyers predict increased time saving with AI

11 September 2024
Issue: 8085 / Categories: Legal News , Technology , Artificial intelligence , Profession
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UK lawyers believe AI technology could save them nearly 140 hours of work per year

A Thomson Reuters report, ‘Future of professionals 2024’, surveyed 1,200 legal professionals, more than half of whom thought the potential for time saving was the most exciting aspect of AI.

The lawyers predicted they would save three hours a week within the first year of using artificial intelligence (AI), seven hours by the third year and up to 11 hours after five years.

Kriti Sharma, chief product officer, legal tech at Thomson Reuters, said: ‘It’s exciting to see law firms running AI pilot programmes and making long-term investments in the technology as trust around safe usage grows.’

In January, LexisNexis launched a generative AI product, Lexis+ AI, in the UK, which uses LexisNexis’s own authoritative content. It delivers search, summarisation and drafting for legal professionals, incorporating privacy by design since customers’ searches don’t feed the language model.

MOVERS & SHAKERS

Birketts—trainee cohort

Birketts—trainee cohort

Firm welcomes new cohort of 29 trainee solicitors for 2025

Keoghs—four appointments

Keoghs—four appointments

Four partner hires expand legal expertise in Scotland and Northern Ireland

Brabners—Ben Lamb

Brabners—Ben Lamb

Real estate team in Yorkshire welcomes new partner

NEWS
Robert Taylor of 360 Law Services warns in this week's NLJ that adoption of artificial intelligence (AI) risks entrenching disadvantage for SME law firms, unless tools are tailored to their needs
From oligarchs to cosmetic clinics, strategic lawsuits against public participation (SLAPPs) target journalists, activists and ordinary citizens with intimidating legal tactics. Writing in NLJ this week, Sadie Whittam of Lancaster University explores the weaponisation of litigation to silence critics
Delays and dysfunction continue to mount in the county court, as revealed in a scathing Justice Committee report and under discussion this week by NLJ columnist Professor Dominic Regan of City Law School. Bulk claims—especially from private parking firms—are overwhelming the system, with 8,000 cases filed weekly
Writing in NLJ this week, Thomas Rothwell and Kavish Shah of Falcon Chambers unpack the surprise inclusion of a ban on upwards-only rent reviews in the English Devolution and Community Empowerment Bill
Charles Pigott of Mills & Reeve charts the turbulent progress of the Employment Rights Bill through the House of Lords, in this week's NLJ
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