Technology, particularly artificial intelligence, is changing the way that people practice law.
AI is now helping law firms complete tasks far more efficiently. The role of AI in the law industry will only continue to grow as its uses grow wider and its effectiveness improves.
The following are examples of how AI is now helping law firms work more efficiently:
Benefits of AI in a Legal Practice
Artificial intelligence is changing the way legal workflows work. Some key advantages of AI include:
- More Efficiency: AI tools take care of monotonous, time-consuming tasks much faster than a human would be able to. This frees lawyers up to focus on strategy and bigger-picture issues.
- Savings: When you take care of research, document review and drafting with AI tools, you can lower overhead for your firm.
- Accuracy: AI can decrease human error when it comes to risk analysis and document formatting.
- Faster Turnaround Time: AI can help you quicken up your process and improve client satisfaction and retention.
Keeping this assortment of benefits in mind, let’s check out some of the best new AI tools for law firms to use.
Esquiretek
Esquiretek advertises itself as “The End of Discovery.” It promises “AI-powered, human-reviewed” discovery, completed within 20 days.
The process works as follows:
You upload your files, without staff training, formatting or prep required. The uploading process is HIPAA compliant, encrypted and secure. Then AI completes the discovery process, providing fully drafted objections and responses, Howell charts, medical chronologies, client recordings, interviews and verified transcripts, and discovery analysis reports.
The process takes a maximum of 20 days, with a human quality assurance team reviewing each output.
Examples of things that Esquiretek can do include:
- Extracting discovery questions
- Recording client communications
- Compiling medical chronologies, which include structured medical timelines for settlement prep and depositions
- Building discovery responses which are aligned with legal frameworks
- Transcribing discussions
- Producing Howell charts
- Composing relevant objections
- Obtaining verifications
- Drafting discovery analysis reports which highlight missing records, identify red/green flags, and outline important insights to assist in shaping strategies and assessing risks
- Handling communications with clients, managing client outreach, scheduling and follow-ups
- Highlighting critical details of cases to aid in quicker decision making
- Handling requests for production by organizing, formatting and compiling exhibits based upon opposing parties’ RFPs, making sure responses are ready for production, properly labeled and complete
Spellbook
Spellbook advertises itself as allowing law firms to review and draft contracts ten times faster, “just like magic.”
Spellbook:
- Reviews contracts, redlining them and catching risks
- Drafts contracts, from scratch or from saved libraries
- Allows you to ask it questions, from simple questions with quick answers to complicated questions
- Benchmarks contracts, comparing them to industry standards
- Can work through legal matters involving multiple documents with human oversight
This is one of the newest tools helping lawyers improve efficiency in their workflow. Its intuitive design makes it easy for lawyers to spot issues, draft smarter, and reduce turnaround times
Reviewing Contracts With Spellbook
When reviewing contracts, Spellbook helps you:
- Negotiate terms – you input preferences and receive redlined recommendations favoring your party
- Find errors and risks buried in documents by scanning for overlooked advantages, client risks and errors, providing redline suggestions
It can instantly review documents and draft comments – you choose the comments that are approved and subsequently applied.
Drafting Contracts With Spellbook
When drafting documents, Spellbook automatically detects documents’ substance so it can draft relevant language which is ready to use. It can instantly understand:
- Writing style
- Party details
- Jurisdiction
- Contract type
It can draft contracts from scratch or from existing precedents.
Asking Spellbook Questions
You can ask Spellbook questions. Examples include:
- Asking about specific details of contracts, such as under what conditions the contract terminates
- Asking it to brainstorm legal strategies for tricky cases
- Asking it to spot potential risks in contracts, such as non-compete clauses
- Asking it to write an email to a client which summarizes their responsibilities
- Asking it to summarize changes to a document
- Asking it to explain a clause in simple terms
Having Spellbook Benchmark Contracts
Spellbook can instantly compare your contracts to market standards.
You can choose from a library of over 2,300 contract types when doing this, or you can let Spellbook’s matching algorithm suggest a contract type.
It will flag things that are missing from contracts, explain why those things matter, and draft improvements on-the-spot.
It can automatically generate improvements to contracts, and if you like its recommendations, you can insert them with a single click.
Bloomberg Law
Bloomberg Law now provides AI-driven tools and legal research. Its features now allow law firms to:
- Easily find leading case law, best language and guiding legal principles to support arguments
- Analyze legal briefs in just seconds, find suggestions to improve responses or drafts, and check citations
- Cut through massive amounts of data to develop informed strategies and mine competitive intelligence
Its features can answer questions quickly, allowing law firms to:
- Find interpretations of cases quickly
- Identify case language which is precise
- Automate analysis of briefs
- Inform their strategy
- Precisely search dockets
Its features can streamline contract tasks by:
- Using machine learning models in order to simplify the drafting of contracts and save time by benchmarking agreement languages against market standards
- Analyzing, negotiating, drafting, managing and storing contracts efficiently while integrated seamlessly with MS Word
Key Takeaways
As AI continues to evolve, its role in the legal industry will only expand. Forward-thinking law firms are already integrating AI into their daily workflows to improve efficiency, reduce costs, and stay competitive. While human expertise remains essential, embracing the right AI tools can help lawyers serve clients more effectively and position their firms for long-term success.
Author Bio
Jeffrey Nadrich is the founding attorney of Nadrich Accident Injury Lawyers, a personal injury law firm with 17 offices in California. The firm was founded in 1990 and has recovered over $750,000,000 for clients.