A new study, conducted by legal AI platform LawGeex in consultation with law professors from Stanford University, Duke University School of Law, and the University of Southern California, pitted twenty experienced lawyers against an AI trained to evaluate legal contracts.
The human lawyers achieved, on average, an 85 percent accuracy rate, while the AI achieved 95 percent accuracy. The AI also completed the task in 26 seconds, while the human lawyers took 92 minutes on average. The AI also achieved 100 percent accuracy in one contract, on which the highest-scoring human lawyer scored only 97 percent. In short, the human lawyers were trounced.
PeiQian (Vivian): What do you think the future challenge for lawyer’s workload? Will all the secretaries and entry-level attorneys disappear? How to keep competitive in the legal market? What’re your thoughts?