Lawyer AI 👩‍⚖️ Serves Up Justice ⚖️, Scores B+ in Law Exams 🅱️➕, Makes Complex Legalese Easy 📄

EDITOR’S NOTE

Dear Reader, a recent survey showed that while 82% of lawyers see ChatGPT and generative AI as applicable to legal work, while only 51% believe it should be used in the field. AI tools can help legal professionals efficiently process and sort vast document volumes during litigation and due diligence, significantly cutting time and costs. While nearly all surveyed lawyers are aware of ChatGPT and generative AI, only 3% currently use it, and 34% are considering its adoption; firms are cautiously setting rules around its use due to concerns over data security and tool reliability. Today, we explore more such AI innovations in Legal Tech.

In Today’s Newsletter:

• Lawyer AI: Harvey AI Ushers A New Era in Legal Tech

• Lawyer Up, Bot Style: LegalRobot Makes Legalese a Breeze!

• Bot-Lawyers Assemble! AI Causes Courtroom Revolution

• Top 5 AI Legal Tech Tools To Watch Out in 2024

• Other AI Developments in the Legal Industry

• Latest AI News from Around the World

TOP NEWS
Law & AI-Order: Harvey AI Serves Up Justice

Harvey AI is an AI platform that uses machine learning and natural language processing to help law firms streamline legal processes and automate repetitive tasks, like legal research and contract analysis.

Why is it relevant?
Harvey AI could transform legal practice, saving time and reducing costs. Repsol has integrated Harvey's AI for routine legal tasks, notably saving each staff member about 3 hours weekly and potentially lowering client bills. Read More

TOP NEWS
Lawyer Up, AI Style with LegalRobot

LegalRobot is an AI platform that automates legal document comprehension and drafting, providing custom adjustments and clear explanations for complex legal language.

Why is it relevant?
LegalRobot enables users to instantly understand a contract with a simple photo and can analyze up to 10,000 contracts in just minutes. Its ability to demystify legal jargon empowers non-lawyers with accuracy and clarity, streamlining legal processes for businesses and individuals alike. Read More

NANOBITS RESEARCH
AI Bot scores B/B+ in University Law Exam

OpenAI's ChatGPT has revolutionized legal practice by automating document creation, legal research, and analyzing thousands of contracts in a few minutes. Shortly after the launch of GPT, Andrew Perlman, Dean, Professor of Law at Suffolk Law University, Boston drafted a research paper in an hour using ChatGPT, demonstrating its potential in professional settings. Read More

To demonstrate rapid technological progress, Andrew used Microsoft’s Bing Chat, released for beta in February 2023, which assessed civil procedure exams and legal ethics questions with high accuracy, performing at a B/B+ law student level and showing potential for further improvement.

Keys Takeaways from the Paper:

1. AI advancements like ChatGPT and other AI platforms are enhancing legal analysis, potentially surpassing current AI in accuracy and sophistication.

2. AI will redefine legal practice by aiding in routine tasks, thus evolving the role of lawyers rather than replacing them.

3. AI integration in law schools and professional training is becoming essential, requiring new curricula that incorporate AI-driven legal tools.

4. Legal services accessibility could improve dramatically through AI, addressing civil legal needs for underserved populations.

AI's integration into legal practices is inevitable, promising significant advancements but also requiring adaptation in legal training and regulation to harness its full potential responsibly.

As Andrew Perlman said, “AI will not eliminate the need for lawyers, but it does portend the end of lawyering as we know it.”

SPECIAL MENTIONS

GenAI such as Chat-GPT is affecting how lawyers work. It's also likely to change the work they are being asked to do. Here are 5 top tools from the legal industry.

1. Lexis+AI is a GenAI tool that can be used to draft legal advice and communications and provide citations that link to legal authorities.

2. AI Lawyer is an AI platform that automates legal research and document drafting, saving time.

3. Ironclad's AI contract management software streamlines all aspects of contract management, enhancing efficiency and collaboration.

4. DoNotPay, an AI chatbot, simplifies handling legal issues and provides automated guidance for daily legal matters.

5. Casetext's CoCounsel, a GPT-based legal assistant, automates document review, deposition prep, contract analysis, quickly providing critical insights and sourced answers.

MORE NEWS ON AI IN LEGAL TECH

In Oct’23, a NYC-endorsed AI chatbot developed with Microsoft provided illegal advice on housing laws, such as wrongly advising landlords to deny tenants with Section 8 vouchers, violating anti-discrimination laws. Read More

Chief Justice of India, Chandrachud emphasized the inevitability of AI in the judiciary, noting its potential to both enhance and challenge justice delivery, such as through hybrid-mode hearings that allow remote court participation and AI-driven translation services that enhance accessibility. Read More

A New York lawyer faced a court hearing after his colleague used ChatGPT for legal research, which invented nonexistent cases, leading to serious legal repercussions and raising concerns about AI reliability in critical tasks. Read More

LATEST NEWS IN AI

Netflix stirred controversy by employing what appears to be AI-generated images to portray a real individual in a true crime documentary, "What Jennifer Did." Read More

Elon Musk's xAI unveils Grok-1.5, a versatile AI model surpassing competitors in vision tasks, and introducing RealWorldQA, a benchmark for assessing spatial understanding in real-world contexts. Read More

Microsoft Research introduced MEGAVERSE for benchmarking large language models across languages, modalities, models, and tasks, revealing insights and challenges Read More