Machines have finally infiltrated man’s workplace. Last Spring, law firm Baker & Hostetler announced that they were employing IBM’s artificial-intelligence (AI) system, Ross, to handle their bankruptcy practice, reports Futurism.
Apparently, according to CEO Andrew Arruda, other firms have also signed licenses with Ross, which is “the world’s first artificially intelligent attorney.”
Built on IBM’s cognitive computer Watson, Ross was designed to read and understand language, pose hypotheses based on human-generated questions, conduct research, and then generate responses (with references and citations, of course) to back up his conclusions.
Struggling with the pronoun “he”? You shouldn’t be. Just like man, this machine can learns from experience, faster and faster as you interact with him (if only your colleagues did the same!).
“You ask your questions in plain English, as you would a colleague, and ROSS then reads through the entire body of law and returns a cited answer and topical readings from legislation, case law and secondary sources to get you up-to-speed quickly,” says the website.
“In addition, ROSS monitors the law around the clock to notify you of new court decisions that can affect your case.”
Baker & Hostetler is certainly not the first firm to rollout robots among its human counterparts.
Deloitte adopted Kira Systems’ contract analysis software in 2014 for its audit and consulting businesses, reports Legal Technology Insider.
Machine-learning, along with Deloitte’s in-house consultants, can create models that quickly read through thousands of complex documents. With AI tools, it’s suddenly much easier and quicker to extract and structure textual information for analysis.
Ross, Watson, Kira… no matter what you call them, robots are improving productivity, profitability and processes at more and more law firms.
In fact, firms like Baker & Hostetler, Clifford Chance, DLA Piper, Dentons, Latham & Watkins, Linklaters, Wachtell, Lipton, Rosen & Katz, and von Briesen & Roper SC have all dipped their technology toes into the artificial intelligence market.
And why not? What smart firm wouldn’t want to use leading-edge technology to help lawyers do their work faster, better, and cheaper?
Learn more by taking The Center for Competitive Management’s live webinar, “Robot Lawyers: Putting Artificial intelligence (AI) to Work at Your Firm” on Thursday, November 10th, 2016 2:00pm – 3:15pm Eastern (EDT).
This information-packed webinar led by a powerhouse panel of experts offers a practical discussion on the rise of artificial intelligence, robot helpers, and the impact of this technology on lawyers and firms.
During this comprehensive program, you will learn:
- What is classified as artificial intelligence
- Top AI software options, and key technology features to look for firm success, and fit
- Who is best suited to conduct the AI software search at your firm
- Specific ways that firms are using AI/robots to optimize time and profits
- Types of cases/transactions that are the best fit for an AI alternative
- When lawyer experience trumps AI robots, and when it does not
- A look at Legal AI tools that are in the works
- Specific steps for firms to get started with AI
It’s time for law firms to catch up. Don’t be afraid to get a little help from your friends (made of steel and carbon fiber).
For more tutorials and webinars, check out C4CM.com.