Democratizing the law: AI is the answer
Korea is widely recognized as one of the world's most digitally advanced nations. The country is investing heavily in artificial intelligence (AI), semiconductors, robotics, autonomous vehicles and other future industries to secure global competitiveness. Yet there is one field that remains trapped behind high regulatory walls: legal services. Today, the world is in the midst of a legal AI…
Korea, a nation renowned for its digital prowess, is heavily investing in artificial intelligence (AI), semiconductors, robotics, autonomous vehicles, and other emerging industries to maintain its competitive edge globally. However, one sector remains shackled by stringent regulations: legal services. The world finds itself in the throes of a legal AI revolution, with AI rapidly becoming the backbone of the legal industry in both the United States and the United Kingdom.
Tasks that once consumed teams of junior lawyers and consumed days, such as contract review, case law analysis, and legal research, can now be executed in mere minutes. The drafting of documents, conducting due diligence, ensuring compliance, and providing legal insights are being transformed by AI. A prime example of this transformation is Harvey, a legal AI platform adopted by many leading law firms worldwide, including A&O Shearman, one of the largest global law firms.
A&O Shearman has wholeheartedly integrated Harvey into contract review and legal aspects of their operations. This shift marks a significant milestone in democratizing the law, as AI technology breaks down the high regulatory barriers that have long confined legal services.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Democratizing the law: AI is the answer koreatimes.co.kr
