The "Trillion" Dollar Dream: will advent of AI into the legal services market mark a new revolution ?

Abstract

Remember the tv series “Suits”? The title is quite apt given the fact that the cast appears in suits for most of the screen time. With the sassy remarks and witty dialogues, it was quite impactful, enough to make me think of jumping ships to such a career. Keeping aside my interests and the show, lets dig deeper into our legal system. Before we delve any further, let me ask — “Did you read the Indian Penal Code?” Most readers would say no. It’s not easy to read a book which is full of rules and regulations without any fictional characters or stories, not to mention the subtle differences in interpretation caused by a mere change of few words/tenses. Yet such is its power that it helps people abide and steers the society towards a more mature and positive direction.