Notice: This article was created with AI.
What’s It About?
The market for AI applications in legal advice is growing rapidly, according to the FAZ. The newspaper names more than 1,400 available solutions for lawyers and writes that this figure has doubled compared with the previous year. Large technology corporations such as Microsoft, OpenAI and Google are also pushing into the segment, according to the FAZ.
As examples of providers, the FAZ names Harvey, Legora, CoCounsel, Beck-Noxtua, Libra, JUPUS and Lulius, among others. They offer different functions and set different priorities.
Background & Context
The FAZ also points to a survey of law firms. According to it, 94 percent of those asked use or are testing generative AI, compared with 80 percent in the previous year. Who conducted the survey does not emerge from the available material. The figures should therefore be read as an indication of a trend, not as reliable industry statistics.
Typical fields of use, according to the FAZ, are legal research, document analysis, client intake and knowledge management. The newspaper links these with the prospect of efficiency gains. General AI systems such as ChatGPT and Microsoft 365 Copilot are accordingly gaining importance, but have to be carefully integrated into existing workflows.
As challenges, the FAZ names the protection of data privacy, attorney-client privilege and confidentiality when using such tools. On top of that comes the risk of hallucinations: missing information can be replaced by false statements, which in legal practice can have serious consequences.
What Does This Mean?
- The choice of a tool should be guided by the firm’s own situation, for instance by area of law, firm size and field of use, and not by sheer popularity.
- Confidentiality, data privacy and attorney-client privilege have to be clarified before deployment, especially with general AI systems.
- The results produced by the AI should always be checked professionally, because invented statements can have considerable consequences in legal practice.
- Integration into existing workflows is regarded by the FAZ as a precondition for the benefits actually to materialize.
Sources
KI in der Rechtsberatung: Die 25 beliebtesten KI-Tools für Anwälte und Kanzleien (FAZ)
KI-Unterstützung für Kanzleien: 12 KI-Tools im Überblick (IWW)
Schwerpunkt Anwaltsblatt: Perspektiven für KI in Anwaltskanzleien (Anwaltsblatt)
Künstliche Intelligenz bei Schriftsätzen von Juristen und Anwälten (Legal Tribune Online)
This article was created with AI and is based on the listed sources as well as the language model’s training data.
Further Reading: AI & APQC Benchmark with Microsoft Copilot