artificial intelligence: what it really means to the legal...

21
Artificial Intelligence: What it Really Means to the Legal Industry J. Stephen Poor – Seyfarth Shaw LLP Stephen E. Roth - JTV

Upload: hoangkhanh

Post on 05-Feb-2018

218 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

Artificial Intelligence: What it Really Means to the Legal Industry

J. Stephen Poor – Seyfarth Shaw LLP Stephen E. Roth - JTV

Page 2: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

Jetsons

Page 3: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry
Page 4: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

4 ©2017 Seyfarth Shaw LLP. All rights reserved. Private and Confidential

Page 5: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

5 ©2017 Seyfarth Shaw LLP. All rights reserved. Private and Confidential

LEVELS OF AUTOMATION

Page 6: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

6 ©2017 Seyfarth Shaw LLP. All rights reserved. Private and Confidential

“THINGS WE THINK AND DO NOT SAY”

Page 7: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

Source: Altman Weil Law Firms in Transition 2017 / CLO Survey 2016

©2017 Seyfarth Shaw LLP. All rights reserved. Private and Confidential

Page 8: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

©2016 Seyfarth Shaw LLP. All rights reserved. Private and Confidential 8

Source: Altman Weil CLO Survey 2016

Page 9: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

©2016 Seyfarth Shaw LLP. All rights reserved. Private and Confidential 9

Source: Altman Weil Law Firms in Transition 2017

Page 10: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

10

Page 11: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

©2017 Seyfarth Shaw LLP. All rights reserved. Private and Confidential

Source: McKinsey Global Institute, “A Future That Works,” 2017

Page 12: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

©2017 Seyfarth Shaw LLP. All rights reserved. Private and Confidential 12

Source: McKinsey Global Institute, “A Future That Works,” 2017

9 18 20 25

64 69 78

Technical feasibility, % of time spent on activities that can be automated by adapting currently demonstrated technology

Least susceptible Less susceptible Highly susceptible

7 14 16 12 17 16 18

Time spent in all US occupations, %

Managing others

Applying expertise1

Stakeholder interactions

Unpredictable physical

work2 Data collection

Data processing

Predictable physical work2

Page 13: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

©2016 Seyfarth Shaw LLP. All rights reserved. Private and Confidential 13

Page 14: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry
Page 15: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

15

Page 16: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

©2017 Seyfarth Shaw LLP. All rights reserved. Private and Confidential.

…. ??!?

FROM MACHINE-CENTERED

Page 17: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

©2017 Seyfarth Shaw LLP. All rights reserved. Private and Confidential.

FROM MACHINE-CENTERED TO HUMAN-

CENTERED Smoothing out this interface is the secret weapon that drives meaningful adoption,

lasting behavioral change, and real business impact

Siri, call me an Uber to the office

Tech Support

Guided Search

Expert Systems

Self-Service

Page 18: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

©2017 Seyfarth Shaw LLP. All rights reserved. Private and Confidential

STRATEGY

You should have one.

TECH

It can’t fix everything.

PEOPLE

They matter, more than ever.

“ALWAYS” IN BETA

Fail fast and adapt.

LESSONS LEARNED

Page 19: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

©2017 Seyfarth Shaw LLP. All rights reserved. Private and Confidential.

Implementation Process

Set expectations

Identify proof of concept

Define project ownership

Identify organizational barriers

Create development approach

Define Automation Strategy

Evaluate proof of concept results

Redefine benefits

Create internal expertise (“Center of Excellence”)

Establish framework in implementation

Establish Baseline

Process evaluation and analysis

Agile development

Communication to key stakeholders

Creation of governance structure

System-wide Implementation

Page 20: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

©2017 Seyfarth Shaw LLP. All rights reserved. Private and Confidential

Team Firm Lawyers

Allied Professionals Client Personnel

Business Partners Contractors

Technology Collaboration

Financial Management RPA

Cognitive Computing Chatbots

Techniques Talent Management

Design Thinking Lean Six Sigma

Project Management Change Management

Page 21: Artificial Intelligence: What it Really Means to the Legal ...webcasts.acc.com/handouts/8.3.17_Webcast_Slides.pdf · Artificial Intelligence: What it Really Means to the Legal Industry

©2017 Seyfarth Shaw LLP. All rights reserved. Private and Confidential