- Joined
- Mar 3, 2018
- Messages
- 1,713
According to a study published by Lawgeex, "20 experienced US-trained lawyers" were bested by the LawGeex Artificial Intelligence algorithm. The robo lawyer achieved a 94% accuracy rate looking for issues in 5 separate Non Disclosure Agreements, matching the best human lawyer's score of 94% and beating the average of 85%. It took the AI 26 seconds to review all 5 NDAs, while a single lawyer needed an average of 92 minutes to do the same thing. There have been talks about machine learning algorithms replacing lawyers in specific lines of work, and it seems that Lawgeex intends to make those possibilities a reality.
The 40-page study details how AI has overtaken top lawyers for the first time in accurately spotting risks in everyday business contracts.
The 40-page study details how AI has overtaken top lawyers for the first time in accurately spotting risks in everyday business contracts.