A study by McKinsey estimates that attorneys can automate around 23% of their work by using existing technology and paralegals 69% of this work. The efficiency of litigation automation can also significantly improve a firms bottom line. A survey by 2,200 attorneys and corporate executives showed respondents anticipate an additional $100,000 of annual billable time for lawyers who use AI-powered tools. Litigation automation can streamline legal workflows and improve results and serve clients. It can also enhance the efficiency of legal research, evidence collection, eDiscovery, and case law. The benefits of automating legal research include creating a supercharged assistant that can take on the time-consuming work of basic research and expedite the process of discovering, reviewing, and tagging thousands of files. The right mix of automated workflows can vary depending on firms needs.
Source
This post was brought to you by Wrk. Our bot looks for news related to automation and post daily.
