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Impact Of Artificial Intelligence (Ai) On The Legal Industry





Raviraj Zinzuvadia, Pravin Gandhi College of Law, Mumbai University


ABSTRACT


Artificial intelligence (AI) is the study and creation of computer systems capable of performing activities and solving issues that would normally need human intelligence. The term refers to a project aiming at developing systems with human-like cognitive skills, such as the capacity to reason, detect meaning, generalise, and learn from prior experiences. AI can use a database of relevant precedent and a case's particular fact pattern as inputs to analyse data and predict the outcomes of ongoing cases. Lawyers can use artificial intelligence to locate relevant precedents and forecast the chances of a favourable outcome. The are applications of AI are discussed in this paper. AI can assist in the analysis of both bulk and individual contracts. Many Natural language processing solutions are being developed that extract and contextualise essential information across a company's complete body of contracts, making it easier for all stakeholders to analyse the company's commercial commitments. Lawyers check facts and data as well as thoroughly studying previous case judgments in order to provide sound counsel to their clients. Artificial intelligence technologies can help these lawyers around the world in conducting due diligence more quickly and accurately since this activity is often tiring for humans. AI can use a database of relevant precedent and a case's particular fact pattern as inputs to analyse data and predict the outcomes of ongoing cases. It has access to a plethora of judgements. Lawyers can use artificial intelligence to locate relevant precedents and forecast the chances of a favourable outcome, hence helping them in litigation. New research methods that have a stronger semantic understanding of the true meanings of judicial judgments are being created. These platforms go above and beyond mechanical key-word matching to bring up the most up-to-date laws. Once a certain type of document has been identified as important, machine learning algorithms might strive to find other papers that are as relevant. Legal research has transformed immensely with the developments in AI.

Indian Journal of Law and Legal Research

Abbreviation: IJLLR

ISSN: 2582-8878

Website: www.ijllr.com

Accessibility: Open Access

License: Creative Commons 4.0

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​All research articles published in The Indian Journal of Law and Legal Research are fully open access. i.e. immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited.

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The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of the IJLLR or its members. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the IJLLR.

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