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How A.I. Is Transforming the Legal Industry
and Why Lawyers Shouldn’t Be Afraid
Willy Ogorzaly
LawBooth.com
@WillyOgo
@LawBooth
How A.I is Transforming the Legal Industry and Why Lawyers Shouldn't Be Afraid
How A.I is Transforming the Legal Industry and Why Lawyers Shouldn't Be Afraid
How A.I is Transforming the Legal Industry and Why Lawyers Shouldn't Be Afraid
What does A.I. mean to you?
Artificial Narrow Intelligence (weak AI) - ANI
What does A.I. mean to you?
Artificial General Intelligence (strong AI/human AI) - AGI
Artificial Narrow Intelligence (weak AI) - ANI
What does A.I. mean to you?
Artificial General Intelligence (strong AI/human AI) - AGI
Artificial Superintelligence (we don’t know) - ASI
Artificial Narrow Intelligence (weak AI) - ANI
What does A.I. mean to you?
Artificial General Intelligence (strong AI/human AI) - AGI
Artificial Superintelligence (we don’t know) - ASI
Augmented Intelligence
Artificial Narrow Intelligence (weak AI) - ANI
How A.I is Transforming the Legal Industry and Why Lawyers Shouldn't Be Afraid
We use A.N.I. everyday
2022 204020161956 1970
1st A.I. Law
Conference
19871965 20071960
Information
Retrieval
Is Born
LEXIS
Launches
1973
A.N.I.
Aug. A.I.
DENDRAL
1983
Available
1998
Legal jobs that are going to get replaced first:
legal research e-discovery compliance
contract analysis case prediction document automation
The last parts to get replaced:
consultation litigation mediation
arbitration negotiation legislation
How A.I is Transforming the Legal Industry and Why Lawyers Shouldn't Be Afraid
Why you shouldn’t be afraid:
The most prosperous law practices in 2020 will
be those that are able to successfully adjust their
business models to use artificial intelligence–
type tools while at the same time promoting and
delivering the part of the legal service value
proposition that the machines are not able to
provide.
-Blair Janis, JD, Legal Tech Professor at BYU
The market will grow:
The market will grow:
Displacement
The market will grow:
Displacement Increased Access
The market will grow:
Displacement Increased Access Evolving Dynamics
The market will grow:
Displacement Increased Access Evolving Dynamics
Taxi Industry: $11B
$62B
The market will grow:
Displacement Increased Access Evolving Dynamics
Taxi Industry: $11B
$62B
Movie rentals: $4B
$42B
The optimistic outlook:
Lawyers are going to remain relevant
for at least some time, and there is
massive opportunity for those who
are willing to embrace the future of
the industry.
+ =
Summary
The legal industry is poised for disruption on a massive scale.
While many lawyers will be displaced, there is tremendous opportunity for the innovative.
EvolveBe Open-Minded
How to Survive/Thrive
Embrace Technology
A.I. (ANI, AGI, and ASI) will play in important role in the industry’s evolution.
@Lawboothwww.lawbooth.comwilly@lawbooth.com
Use code ‘EVOLVELAW’ to try our scheduling widget for FREE
@Lawboothwww.lawbooth.comwilly@lawbooth.com
Use code ‘EVOLVELAW’ to try our scheduling widget for FREE

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How A.I is Transforming the Legal Industry and Why Lawyers Shouldn't Be Afraid

  • 1. How A.I. Is Transforming the Legal Industry and Why Lawyers Shouldn’t Be Afraid Willy Ogorzaly LawBooth.com @WillyOgo @LawBooth
  • 5. What does A.I. mean to you? Artificial Narrow Intelligence (weak AI) - ANI
  • 6. What does A.I. mean to you? Artificial General Intelligence (strong AI/human AI) - AGI Artificial Narrow Intelligence (weak AI) - ANI
  • 7. What does A.I. mean to you? Artificial General Intelligence (strong AI/human AI) - AGI Artificial Superintelligence (we don’t know) - ASI Artificial Narrow Intelligence (weak AI) - ANI
  • 8. What does A.I. mean to you? Artificial General Intelligence (strong AI/human AI) - AGI Artificial Superintelligence (we don’t know) - ASI Augmented Intelligence Artificial Narrow Intelligence (weak AI) - ANI
  • 10. We use A.N.I. everyday
  • 11. 2022 204020161956 1970 1st A.I. Law Conference 19871965 20071960 Information Retrieval Is Born LEXIS Launches 1973 A.N.I. Aug. A.I. DENDRAL 1983 Available 1998
  • 12. Legal jobs that are going to get replaced first: legal research e-discovery compliance contract analysis case prediction document automation
  • 13. The last parts to get replaced: consultation litigation mediation arbitration negotiation legislation
  • 15. Why you shouldn’t be afraid: The most prosperous law practices in 2020 will be those that are able to successfully adjust their business models to use artificial intelligence– type tools while at the same time promoting and delivering the part of the legal service value proposition that the machines are not able to provide. -Blair Janis, JD, Legal Tech Professor at BYU
  • 17. The market will grow: Displacement
  • 18. The market will grow: Displacement Increased Access
  • 19. The market will grow: Displacement Increased Access Evolving Dynamics
  • 20. The market will grow: Displacement Increased Access Evolving Dynamics Taxi Industry: $11B $62B
  • 21. The market will grow: Displacement Increased Access Evolving Dynamics Taxi Industry: $11B $62B Movie rentals: $4B $42B
  • 22. The optimistic outlook: Lawyers are going to remain relevant for at least some time, and there is massive opportunity for those who are willing to embrace the future of the industry. + =
  • 23. Summary The legal industry is poised for disruption on a massive scale. While many lawyers will be displaced, there is tremendous opportunity for the innovative. EvolveBe Open-Minded How to Survive/Thrive Embrace Technology A.I. (ANI, AGI, and ASI) will play in important role in the industry’s evolution.