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11 September 2024
Issue: 8085 / Categories: Legal News , Technology , Artificial intelligence , Profession
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Lawyers predict increased time saving with AI

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

EIP—Stuart Malcolm

EIP—Stuart Malcolm

EIP strengthens Commercial practice with a new partner

Ellisons—Francesca Brown

Ellisons—Francesca Brown

Ellisons welcomes Francesca Brown to Family team

Shakespeare Martineau—Marie Bourke

Shakespeare Martineau—Marie Bourke

Shakespeare Martineau strengthens Sheffield regulatory practice with new hires

NEWS
A wide-ranging Civil Way column highlights developments from insolvency procedure to employment law, but one case stands out for its lessons on bankruptcy, family homes and digital communications
A sprawling Intellectual Property Office battle between House of Fraser and Frasers Property has delivered a masterclass in modern trade mark law
Courts in England and Wales and Singapore are increasingly confronting complex disputes over international child relocation as families become more globally mobile
The government’s long-awaited family law reform consultation could mark a turning point for domestic abuse victims navigating financial remedy proceedings, but significant challenges remain
A new commercial court pilot giving the public access to documents used in hearings, including expert reports, is raising difficult questions about transparency and privacy
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