Artificial Intelligence (AI) has gained great momentum in various sectors. In the Indian legal field, AI is yet to reach its full potential. Yet, Indian firms are looking into this potential treasure trove of innovative assistance.
Most of the law firms in India are not yet familiar with the technology. There are law firms that are trying to employ this system for better functioning. For Aniruddha Yadav, founder of the law-tech start-up CaseMine, robots will not replace lawyers anytime soon. To change the tradition-bound and labour-heavy legal profession, Yadav developed a virtual legal research assistant, CaseIQ, which is a technological solution that cuts down the time a lawyer spends in legal research.
A research project lasting a couple of weeks can be condensed to several hours. This technology allows the judges to upload both the appellant’s counsel’s submission and the respondent’s counsel’s submission directly into CaseIQ and within seconds see whether both parties are missing out on important precedents and lines of thought that are important to the case. It also minimises the time for drafting a document.
Recently, Mumbai-based Cyril Amarchand Mangaldas adopted the Canada-based machine learning legal system Kira, which has striking efficiency gains. The firm intends to use the Kira machine-learning software for greater automation of its due diligence and transactional practices.
This story is from the January 1 - 15, 2018 edition of BUSINESS ECONOMICS.
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This story is from the January 1 - 15, 2018 edition of BUSINESS ECONOMICS.
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