Did you know that ChatGPT was able to pass the Bar exam?

Crazy, I know.

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The truth is AI and automation are all around us. A Deloitte study found that 50% of businesses plan on incorporating AI and automation in 2023.

What exactly is automation?

Automation means using technology to do tasks that would usually be done by people, such as tasks that take a lot of time or are hard to do. The goal is to make things faster, more accurate, and more productive, while also making things better and cheaper. Law firms can use automation to make tasks like making and checking documents, doing legal research, managing cases, and making bills and invoices much easier. This saves time and money, and it also makes clients happier with the service.

How can automation help me?

Here are some areas you can use automation in your practice (none of this is legal advice, please don't come after us):

Document generation:

There are mountains of cases piling up, each with it’s own set of unique documents. With larger and larger case volumes, this problem only gets worse. Each document needs review to make sure there's no errors. All this work costs money, and more importantly, time.

You can use automation to create legal documents with ease and few mistakes. This is more and more helpful the more cases there are. With all that time saved, you can focus on other billable work. Complex work that requires human expertise. With automation, you can reclaim your time and use it for other billable work.

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Reviewing Documents:

Proper review of legal documents is essential to good legal practice. The problem is, it demands time and attention to execute well.

AI has the ability to reduce due diligence review time by up to 70%.

Imagine, being able to cut down reviews from hours to minutes!

Chatbots for basic legal guidance:

Chatbots allow clients to get their questions answered without the need of a person on the other end. They can reference large amounts of documentation and give basic guidance to clients.

Imagine being able to answer a client's question without even having to speak to them.

Billing and invoicing:

Law firms split their time between two things: billable work and billing the client. Tracking time and putting it together for client bills is a time consuming task in and of itself.

With AI and automation, you can track your time and update your CRM for billing, all without lifting a finger. And, when the scheduled time is up, it can review and send invoices. You increase the accuracy of the billing with the automation of the time tracking. No more human error.

Deadline management:

With the litany of things going on in our day-to-day work, sometimes things slip through the cracks.

"I had to send that response to the opposing counsel by when?! I can't believe I missed that!"

Using automation, you can get reminders sent to you before the deadline approaches. Picture it, never missing a deadline. What would that mean to the clients?

Legal research:

One of the biggest places where automation can help buy-back your time is with legal research. Researching cases, precedence and previous verdicts takes time. On top of that, to summarize the findings and remember them.

We all can't be like Mike from Suits.

AI tools have the ability to read through vast amounts of legal information (thanks Internet). Now, you can search for research on topics and get a summary and responses in a matter of seconds.

Did we mention that it passed the Bar exam?

Contract management:

Firms spend countless hours managing contracts. Making sure they updated, accurate, and compliant takes a lot of effort. Managing contracts is a job in-and-of itself.

Automated systems can also give an accurate picture of the state of the contracts. This helps to understand where better to make better decisions. On top of that, you can collaborate with your teams more effectively, cutting out the back and forth.

Regulatory compliance:

Staying up-to-date with the latest laws and rules requires time and attention. This becomes especially true in fields with healthcare and finance. Not following the rules there can lead to big fines and deep legal trouble.

With AI, you can follow the latest practices without having to dig through heaps of legal jargon. Not only will you free up your time and attention, you reduce the risk of getting into legal trouble. By using this technology, you make compliance easier, work smoother, and less mistakes.

Case management:

Automated case management systems can be a big help to law firms. They improve efficiency, client experience and analytics. Firms can manage deadlines, court dates and updating their clients. Not to mention, firms can work better with each other.

Less update emails, sounds like heaven right?