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.