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AI for Lawyers: How Artificial Intelligence is Adding Value, Amplifying Expertise, and Transforming Careers PDF

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Preview AI for Lawyers: How Artificial Intelligence is Adding Value, Amplifying Expertise, and Transforming Careers

Table of Contents Cover Praise for AI For Lawyers Title Page Copyright Dedication Introduction The Evolution of Kira They Just Kept Building Why Are Noah and Alex Worth Reading on the Use of AI in the Legal Industry? In the Pages Ahead PART I: The Point CHAPTER 1: How Lawyers Learned to Stop Worrying and Love AI What Is AI? Appropriate Skepticism Common Lawyer Objections to AI Why Customize? The Business Case for AI Notes CHAPTER 2: #DoMoreLaw Jevons Paradox: The More Efficient Legal Work Is, the More Legal Work to Do Value Is in the Eyes of the Beholder Access to Justice CHAPTER 3: The Small Law Mindset To AI or Not to AI? It's All about Practicality What Does Your Future Market Look Like? Plan for the Future Before It Arrives Note CHAPTER 4: AI: A Modern Job Creator Jevons “Legal” Paradox A Growing Array of Legal Jobs Legal Operations and CLOC Driving the New Jobs—Part 1: A New Legal Tech Sector Driving the New Jobs—Part 2: New Tech-Enabled Business Models New and Better Jobs: Diverse Skill Sets Needed The Delta Lawyer Competency Model Conclusion Notes CHAPTER 5: Amplifying Legal Expertise Amplification: What Lawyers Can Learn from Rock Stars The Three Most Important Things about Training AI Let's Agree to Not Disagree Build Value for the Firm Itself Are There Limits to Amplifying? Notes CHAPTER 6: The Ethics of Lawyers Using—and Not Using —AI Duty of Competency Duty of Communication Duty to Supervise / Unauthorized Practice of Law Duty of Loyalty The Issue of Bias Solutions to AI Bias Ethics Review: An Ongoing Issue Notes PART II: The Proof CHAPTER 7: eDiscovery My eDiscovery Roots How AI Turned Traditional Discovery on Its Head The Role of AI in eDiscovery Search and Review eDiscovery in Action Tracking the Next Big Source Notes CHAPTER 8: AI in Legal Research Can AI Save Lives? The Stakes of Legal Research The Dark Times (Before Artificial Intelligence) AI in Legal Research Today AI Will Help to Write the Future AI Will Continue to Help Lawyers Do Higher Value Work Notes CHAPTER 9: Litigation Analytics Why Am I the Right Person to Discuss Litigation Analytics? Research, Data, and Predictions: Pre- and Post-AI So, How Does It Actually Work? Impacting Lawyers The Future of AI Litigation Software Note CHAPTER 10: Contract Review to Contract Capital What's Wrong with Traditional Software-Free Contract Review? AI Enhanced Contract Analysis Two Types of Contract Review How AI-Based Contract Review Works Familiar and Unfamiliar Contracts Beyond Law Firms: Contract Management and Review in Business How Contract Analysis Software Is Impacting How Lawyers Work The Future of AI and Contract Analysis CHAPTER 11: Expert Systems Some Background: Founding Neota Logic What Sets Expert Systems Apart? Who's Using Expert Systems? And Why? Looking Ahead Note PART III: The Plan CHAPTER 12: The AI Adoption Framework Factor 1: Comprehensive Use of AI Factor 2: The Breadth and Creativity of AI Use How Mature Is Your Approach to AI? Leaders Show Strength in Adoption and Creativity—Now Need to Stay Focused to Stay on Top Doers Have Cleared a Big Adoption Hurdle—Now Can Extend by Expanding Their AI Expertise in New Ways Dreamers Show Some Big Ideas in the Organization—But Now Need to Beef Up Adoption Developing Lagging in Adoption and Creativity—Need to Focus First on Adoption to Gain Momentum Taking the Next Step CHAPTER 13: Conclusion A Brief Summation: The Benefits of AI More Automation Is Coming AI and the Modern Lawyer Acknowledgments About the Authors Index End User License Agreement List of Illustrations Chapter 1 FIGURE 1.1 Early “computers” at work: Dryden Flight Research Center Faciliti... FIGURE 1.2 Kira document viewer. FIGURE 1.3 Kira built-in intelligence: smart-field growth. FIGURE 1.4 AI training capabilities. Chapter 2 FIGURE 2.1 Growth in demand for law firm services. FIGURE 2.2 Percentage change in employed lawyers by practice setting, 1997 t... FIGURE 2.3 Refrigerator efficiency paradoxically drives more effort. FIGURE 2.4 Four diligence review scenarios. FIGURE 2.5 Increasing realization rates. Chapter 4 FIGURE 4.1 The CLOC Core 12. FIGURE 4.2 The Martech 5000. FIGURE 4.3 AI in law today. FIGURE 4.4 The Delta Lawyer Competency Model. FIGURE 4.5 Predominant competencies. Chapter 10 FIGURE 10.1 Contract analysis with Kira clockwise from top left (Importing, ... Chapter 12 FIGURE 12.1 The AI maturity framework. Chapter 13 FIGURE 13.1 The Benz Patent-Motorwagen (“patent motorcar”), built in 1885, i... FIGURE 13.2 The Mercedes 35 HP was a radical early car model designed in 190... PRAISE FOR AI FOR LAWYERS AI for Lawyers pulls together a series of easy-to-read vignettes that cut through the mystique, noise and bullshit surrounding AI for legal. It provides excellent guidance for lawyers who don't know which way to travel when they finally arrive at the intersection of legal services and technology—which is most of the profession! —Mitchell Kowalski, author of The Great Legal Reformation: Notes from the Field Noah Waisberg and Dr. Alexander Hudek have taken a complex topic and made it accessible and enjoyable. Like it or not, artificial intelligence and machine learning, particularly when combined with 5G connectivity, computing on the edge of networks and eventually quantum computing, will advance by leaps and bounds to automate and change the way we practice law. It is also leveling the playing field between lawyers practicing in big firms vs. small firms. Wherever, whatever and however you are currently practicing, AI for Lawyers will open your eyes and make you feel excited and empowered to be part of the future. —Louis Lehot, founder, L2 Counsel, P.C. Alex and Noah have written a demystifying AI book which will help lawyers take advantage of AI technology to create new customer value. They cover the key resources and processes needed to deliver value, which will help all lawyers capture this AI-driven value in their go-to-market approaches, enabling them to develop new ways to solve old problems. —Michelle Mahoney, Executive Director, Innovation, King & Wood Mallesons There is little doubt that the legal industry has experienced a cataclysmic extinction moment, where yesterday's ways of working are tomorrow's fossilised memories. The changing expectations of both the consumers of legal services, and the next generations of lawyers, has seen to it that the practice of law has been changed forever by the arrival of advanced technologies. In AI for Lawyers, Noah and Alex have created the definitive guide on the role of technology in the legal industry. No two authors are better qualified to commentate on how our world is changing. This is a must-read for anyone in the industry and those planning on living a life within the law. —Justin North, Managing Director, Morae Global Corporation The intersection of science fiction and lawyering is both a terrible idea for a movie and a very real problem for attorneys. The terror that artificial intelligence will replace human lawyers and spew steam from the keyboard while trying to define “love” during an ill- fated document review terrifies some folks. And that's unfortunate because when stripped of its sci-fi mystique, “artificial intelligence” here in the real world is both non-frightening and entirely essential to a thriving 21st century law practice. Waisberg and Hudek's book provides lawyers a friendly, brass tacks introduction to this oft- misunderstood technology and provides straightforward examples of how AI can advance your practice … and, sometimes, how it's already advanced your practice without you even knowing it. —Joe Patrice, Senior Editor, Above the Law Although many lawyers have strong views on the use of AI in the law, very few in fact have a solid grasp of the potential and limitations of this technology. Worse, some lawyers even have the temerity to use ‘AI’ as a verb, claiming—almost arbitrarily—that ‘you can AI’ this or that legal task. Into this world of bold confusion and brazen conjecture, I therefore extend a heartfelt welcome to AI for Lawyers. This book brings the clarity, deep technical expertise, practical experience, and commercial insight that are sorely needed in the field. —Richard Susskind, author of Tomorrow's Lawyers (2017), The Future of the Professions (2015), The End of Lawyers (2008), and Expert Systems in Law (1987) Noah and Alex clearly show that the use of AI-embedded software in the legal world will soon be as ubiquitous as the use of word processing. The authors (a Who's Who of experts in legal technology) cover an extraordinarily broad range of AI-software types and applications—from machine learning to expert systems. The book is an essential read for solo practitioners all the way up to those practicing in the lofty heights of the elite firms around the world and for the technology gurus who enable them. To succeed in law in the coming years, you will need to use AI. To be prepared to use AI, reading this book is a must. —Harris Tilevitz, Chief Technology Officer, Skadden I loved this book! AI is increasingly becoming a driver of success for high performing lawyers and law firms. This book is a quick, easy introduction to it. Every lawyer should read it. —Kent Zimmermann, strategic advisor to law firms

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Most books are stored in the elastic cloud where traffic is expensive. For this reason, we have a limit on daily download.