2024-08-29 08:30:00
Historically, legal departments have been cautious in adopting new and disruptive technologies. However, this appears to be changing rapidly: 72% of professionals in the legal field believe IA As “a force for good in the profession” Half of the world’s law firms consider exploring potential and implementation to be their top priority.
The data appears in the latest report Thomson Reuters graduate School, “The future of professionals”which surveyed more than 2,000 professionals from various fields around the world to understand the impact of generative AI on their jobs.
For professionals in the legal field, the possibility to automate manual, repetitive and administrative tasks using tools such as generative artificial intelligence allows them to focus on activities with greater added value in order to work more closely with clients and have greater More time for planning and strategic advice or focusing on the company’s business development and growth.
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Artificial intelligence, a tool that improves efficiency, reduces errors and provides advanced analytics to facilitate better decision-making, still presents its own set of challenges for professionals and organizations in our country and elsewhere around the world.
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Culture and Ecosystems: Pillars of Artificial Intelligence Integration.
Before transformative technologies like artificial intelligence can be fully adopted and integrated, an ecosystem based on carefully curated and verified content that is transparently sourced and guided by reliable data and ethical principles must be established.
In short, this is a critical cultural development that comes with new ways of creating value to meet high customer expectations. In this ecosystem we talk about optimizing decision-making and collaboration processes, unifying workflows and building personalized, scalable and flexible solutions for clients, professionals and organizations that decide to commit to digital and cultural transformation, they are sure to be significant advantages.
Already during 2023 and combined with research Amazing O’Farrell MylarThomson Reuters identifies the main trends and challenges in innovation in the legal industry in Argentina. in it “Legal Sector Study 2023”, More than 100 of the country’s legal leaders participated in the survey, with 60% of respondents adopting technological innovations, with two-thirds saying they had made progress in automating processes.
However, more than 50% of respondents said they are not yet using an internal legal management system, and most are not using data analytics tools or other performance metrics. Studies show that adoption of AI such as ChatGPT is also low due to security and privacy concerns.
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Standards for the Trust and Quality Paradigm
In order to foster a culture of innovation and an ecosystem based on data security, ethics and trust, clear and effective regulations for the entire industry also need to be established.
It is reported that “The future of professionals》57% of professionals surveyed believe that introducing a certification process for AI systems would be beneficial. Additionally, 55% believe professional or industry bodies should set their own standards.
In Argentina, we have recently proposed a number of initiatives aimed at working in this sense. In July this year, the Argentinian Legal Information System (National Ministry of Justice) launched the “Pilot Program for the Strategic and Responsible Use of Generative Artificial Intelligence”, which aims to identify the application possibilities of the technology, raise awareness and educate members of the judiciary in dealing with the matter, and promote strategic, ethical and responsible use of the tool.
This is a good backdrop for thinking that the future of artificial intelligence is not predetermined, it is our collective responsibility to shape it. By building a strong ecosystem and culture of innovation, we will lay the foundation for a future where technology and people work together based on a paradigm that pursues quality, safety and trust.
With a clear strategy and a willingness to change, AI is a powerful tool that not only drives progress but also allows people to reengage in more strategic, creative, and high-value-added tasks that ultimately make them A career that nourishes their essence.
* Vice President, Latin America Legal Professionals, Thomson Reuters
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