Real-World AI Use Cases in Law Firms
1. Streamlining Due Diligence with AI
One of the most significant pain points in law firms is due diligence, especially in real estate transactions. Reviewing documents like property titles, surveys, and liens can take hours to collect and review.
Christiane Matuch, Sr. Legal Innovation Manager of Applied AI at Greenberg Traurig, illustrated how her firm uses AI to automate the review process. By feeding documents into AI tools and prompting them to summarize findings in a familiar chart format, the firm reduced a five-hour process to just one hour. This is an example of "boring" AI that has a high impact, reducing repetitive work and allowing attorneys to focus on higher-value tasks.
2. Automating Billing Narratives
Billing is a task every attorney dreads, but it’s essential for keeping the firm’s revenue stream flowing. Some attorneys who spend hours crafting billing narratives that comply with client guidelines have turned to AI for a solution. Michael Ertel, Dir. ff Practice Innovation at Crowell, talked about how his firm developed an AI assistant that automatically generates billing narratives by simply inputting basic information, like the work done and the client’s requirements.
This “boring” application drastically reduced the time attorneys spent on billing. Instead of spending hours drafting and editing narratives, they could rely on AI to do the heavy lifting. The result? Fewer mistakes, faster submissions, and fewer rejected invoices, leading to faster payments and higher revenue for the firm.
3. Front Door AI for Client Interactions
Although AI can be transformative internally, law firms need to consider how AI impacts the client experience. Max Patterson, Managing Director of Bryter, spoke about providing a "front door" for clients with a way to upload documents and get automatic, first-pass feedback, as one example.
This solution creates immense value by allowing clients to interact directly with the firm’s AI-driven systems. Clients want to see the value of AI in their firms. According to Patterson, clients expect better and faster service with technology, and “giving them a tool along with your services helps show that value.”