A recent study by e-discovery services group Consilio polled 105 legal and technology professionals at last month’s Legalweek New York conference, and found that 93 percent believe artificial intelligence (AI) is likely to either help or create more opportunities within the legal industry. Adoption rates, however, tell a different story.
Time management and cost reductions were the two largest perceived benefits of AI adoption identified by the survey. Thirty-five percent of those polled said AI could enable lawyers to spend more time on strategy, while 28 percent saw potential for cost efficiencies.
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