Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Survey – Ready or Not: Artificial Intelligence and Corporate Legal Departments

“Lawyers have long been characterized as technology Luddites who are slow to change and wary of innovation. For corporate counsel, though, this stereotype may be fading. According to the results of a new Thomson Reuters report, “Ready or Not: Artificial Intelligence and Corporate Legal Departments“, corporate counsel believe they are tech savvy but acknowledge that their comfort level and confidence with technology have limitations, specifically around artificial intelligence (AI). The applications and impact of AI are growing, and AI tools will undoubtedly affect how the legal profession practices over the next decade. Consider how dramatically technology inventions have already changed the practice of law: From typewriters to computers and from fax machines to email, each advance has been transformative in the law. Lawyers have accepted and adopted each of these evolutions. AI is the next frontier. To better understand corporate counsel’s knowledge of and comfort with the use of artificial intelligence in the profession, Thomson Reuters conducted a survey of 207 in-house attorneys to measure current perceptions regarding the use of AI in corporate legal departments and the perceived benefits of AI once adopted. Of the respondents, 51% came from legal departments with fewer than six attorneys, 14% worked in departments with six to 10 attorneys, and 35% worked in departments with more than 11 attorneys. Respondents’ roles in their departments broke down as follows: 26% as assistant or associate general counsel, 23% as general counsel, 22% as counsel, 12% as attorneys, 5% as deputy general counsel, and 12% as “other” roles…” [h/t Bob Ambrogi]

Sorry, comments are closed for this post.