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🗓️ 9 December 2024
⏱️ 11 minutes
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One of the industries that is adopting artificial intelligence tools the fastest is the legal field. A recent report from the legal tech company Clio showed almost 80% of legal professionals are using AI in some way in their practice, up from about 30% last year. Joshua Lenon, a lawyer in residence at Clio, told Marketplace’s Meghan McCarty Carino the profession is particularly ripe for tech disruption.
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| 0:00.0 | AI goes on trial. From American Public Media, this is Marketplace Tech. I'm Megan McCarty Carrino. |
| 0:08.0 | One of the industries that is adopting artificial intelligence tools fastest is the legal field. |
| 0:24.7 | A recent report from the legal tech company, Clio, showed almost 80% of legal professionals are using AI in some way in their practice, up from about 30% last year. |
| 0:36.8 | Joshua Lennon is a lawyer in residence at Cleo, |
| 0:39.5 | and he says the profession is particularly ripe for tech disruption. The output of legal work |
| 0:46.5 | is often just text-based, and generative AI very quickly and easily produces written materials. And so for them, it's something that's |
| 0:58.4 | easy to use and generates the type of stuff they need. And so that's led to this huge adoption. |
| 1:05.9 | In fact, we think lawyers are adopting generative AI technology at a faster clip than most other |
| 1:12.4 | industries out there. |
| 1:13.8 | When we compare our own legal trends report research to that of, say, McKinsey, we're |
| 1:19.0 | seeing that lawyers are generally eight to nine percentage points higher in their adoption compared |
| 1:24.9 | to other industries out there. |
| 1:27.0 | And for those who may not be super familiar with kind of the background work of what lawyers do |
| 1:33.2 | or what happens at law firms, can you kind of explain the efficiencies that are gained |
| 1:38.5 | by implementing these AI tools? |
| 1:41.6 | Absolutely. |
| 1:42.5 | So if we look at the workflow of lawyers, they might receive a document |
| 1:48.2 | from opposing counsel that might require a response. And so they'll need to draft a response |
| 1:56.1 | to a motion. And that's a very formal document with some very specific formatting requirements, |
| 2:01.3 | depending upon the court that they're appearing before, |
| 2:04.4 | and some very specific outputs related to the goals. |
| 2:09.9 | When we look at artificial intelligence, |
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