Artificial intelligence specialist illustrates how technology is redefining the way legal work is conceived, managed and executed, and how this will impact lawyers and law firms
Chiasso, 3 June 2020 – Logol, a pioneering Swiss company in the field of artificial intelligence, releases a white paper today entitled “Artificial Intelligence in the legal profession”. As a specialist technology partner of law firms preparing for the game-changing advent of AI, Logol has a privileged vantage point on how technology will transform the world of law and the market for legal services.
“Recent developments are accelerating the trend that sees unprecedented levels of automation permeating the legal profession,” says Marco Farina, Founder and CEO of Logol, “This AI-driven revolution is redefining the business scenario, with early adopters of expert systems benefiting from enormous competitive advantages.”
Early data shared by Logol highlight how lawyers and law firms can best face the disruptive change that is taking place in the market for legal services. Focus is on various areas of the legal profession where AI is helping lawyers work faster, such as collecting information, preparing cases, predicting litigation outcomes, reviewing contracts and automating document management, as well as areas where AI can augment the human capabilities necessary to a successful attorney.
“Law firms and legal professionals will achieve new standards of effectiveness and efficiency. The cost of legal services will come down, greatly benefitting also the consumer,” says Marco Farina. “For the first time, embracing technological innovation becomes crucial for all legal practices, to better leverage resources, reduce internal costs and offer enhanced service for less.”
