As artificial intelligence reshapes many industries, the legal field faces its own crossroads. Over the past few years, a growing number of legal professionals have embraced AI tools to boost efficiency and reduce costs. According to recent figures, nearly 73% of legal experts now plan to incorporate AI into their daily operations. 65% of law firms agree that "effective use of generative AI will separate the successful and unsuccessful law firms in the next five years."
Investors have shown strong support for AI-powered legal startups, with funding reaching new record highs in 2024 with total capital investment of $477 million. The appeal for VCs is the potential that 44% of legal work could potentially be automated by emerging AI tools. Startups like Harvey, raised a $100 million Series C round at a $1.5 billion valuation.
We explore the current state of legal automation with Ben Su, Co-founder and Head of Growth of Capita, the world’s first AI lawyer, and discuss how this shift towards AI could reshape the delivery of legal services. Carey Lening, a legal-tech consultant and “recovering” attorney who focuses on privacy and data protection and Jide Afolabi, a probate lawyer, a graduate of Osgoode Law School with over 20 years of experience weigh in on the promises and pitfalls of automation in the legal sector. What are the challenges and criticism facing this change? What are its effects on legal education? What will AI might mean for the future of work?
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Investors have shown strong support for AI-powered legal startups, with funding reaching new record highs in 2024 with total capital investment of $477 million. The appeal for VCs is the potential that 44% of legal work could potentially be automated by emerging AI tools. Startups like Harvey, raised a $100 million Series C round at a $1.5 billion valuation.
We explore the current state of legal automation with Ben Su, Co-founder and Head of Growth of Capita, the world’s first AI lawyer, and discuss how this shift towards AI could reshape the delivery of legal services. Carey Lening, a legal-tech consultant and “recovering” attorney who focuses on privacy and data protection and Jide Afolabi, a probate lawyer, a graduate of Osgoode Law School with over 20 years of experience weigh in on the promises and pitfalls of automation in the legal sector. What are the challenges and criticism facing this change? What are its effects on legal education? What will AI might mean for the future of work?
The State Of Legal Automation Today
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Risk Or Revolution: Will AI Replace Lawyers?
Legal automation is bringing this sector into the 21st century. Legal pundits are debating on whether the technology is good enough to evolve the industry. Are the next generation of lawyers ready?
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