Artificial intelligence in the legal sector: opportunities vs. challenges

Our partner, José Luis Pérez Benitez, participated in the meeting organized by Editorial Lefebvre, El Confidencial and PWC where the opportunities and challenges that artificial intelligence brings to the industry were discussed.

March 7, 2024 |

< 1 min lectura

Our partner, José Luis Pérez Benitez, participated in the meeting organized by Editorial Lefebvre, El Confidencial and PWC where the opportunities and challenges that artificial intelligence brings to the industry were discussed.

Some conclusions from that meeting are as follows:

AI opportunities:

  • Efficient automation: frees lawyers from repetitive tasks.
  • Deep and fast data analysis: offers personalized insights.
  • Documentation assistance: improves accuracy and reduces costs.
  • Prediction of results: helps in defining and anticipating legal strategies.
  • Democratization: makes legal services more accessible.

Challenges:

  • Uncertain future for young lawyers: possible displacement by automation.
  • Educational adaptation: how to integrate AI into the training of future lawyers.
  • Data quality: the effectiveness of AI depends on the quality of the information.
  • Risk of errors: human supervision is necessary to avoid “hallucinations”.
  • Value of human judgment: experience and critical analysis today are irreplaceable.

Conclusions:

  • The horizon is promising, although much remains to be built.
  • Collaboration between legal professionals and technology is crucial to navigate the opportunities and challenges.
  • It will be essential to know and master the tools without forgetting our great strengths as human beings.

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