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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

Freeths—Rachel Crosier

Freeths—Rachel Crosier

Projects and rail practices strengthened by director hire in London

DWF—Stephen Hickling

DWF—Stephen Hickling

Real estate team in Birmingham welcomes back returning partner

Ward Hadaway—44 appointments

Ward Hadaway—44 appointments

Firm invests in national growth with 44 appointments across five offices

NEWS
Criminal juries may be convicting—or acquitting—on a misunderstanding. Writing in NLJ this week Paul McKeown, Adrian Keane and Sally Stares of The City Law School and LSE report troubling survey findings on the meaning of ‘sure’
The Serious Fraud Office (SFO) has narrowly preserved a key weapon in its anti-corruption arsenal. In this week's NLJ, Jonathan Fisher KC of Red Lion Chambers examines Guralp Systems Ltd v SFO, in which the High Court ruled that a deferred prosecution agreement (DPA) remained in force despite the company’s failure to disgorge £2m by the stated deadline
As the drip-feed of Epstein disclosures fuels ‘collateral damage’, the rush to cry misconduct in public office may be premature. Writing in NLJ this week, David Locke of Hill Dickinson warns that the offence is no catch-all for political embarrassment. It demands a ‘grave departure’ from proper standards, an ‘abuse of the public’s trust’ and conduct ‘sufficiently serious to warrant criminal punishment’
Employment law is shifting at the margins. In his latest Employment Law Brief for NLJ this week, Ian Smith of Norwich Law School examines a Court of Appeal ruling confirming that volunteers are not a special legal species and may qualify as ‘workers’
Refusing ADR is risky—but not always fatal. Writing in NLJ this week, Masood Ahmed and Sanjay Dave Singh of the University of Leicester analyse Assensus Ltd v Wirsol Energy Ltd: despite repeated invitations to mediate, the defendant stood firm, made a £100,000 Part 36 offer and was ultimately ‘wholly vindicated’ at trial
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