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Risk Or Revolution: Will AI Replace Lawyers?

AI legal robots getty

As artificial intelligence reshapes many industries, the legal field faces its own crossroads. Over the past few years, a growing number of legal professionals have embraced AI tools to boost efficiency and reduce costs. According to recent figures, nearly 73% of legal experts now plan to incorporate AI into their daily operations. 65% of law firms agree that "effective use of generative AI will separate the successful and unsuccessful law firms in the next five years."

Investors have shown strong support for AI-powered legal startups, with funding reaching new record highs in 2024 with total capital investment of $477 million. The appeal for VCs is the potential that 44% of legal work could potentially be automated by emerging AI tools. Startups like Harvey , raised a $100 million Series C round at a $1.5 billion valuation.

We explore the current state of legal automation with Ben Su, Co-founder and Head of Growth of Capita, the world’s first AI lawyer, and discuss how this shift towards AI could reshape the delivery of legal services. Carey Lening, a legal-tech consultant and “recovering” attorney who focuses on privacy and data protection and Jide Afolabi, a probate lawyer, a graduate of Osgoode Law School with over 20 years of experience weigh in on the promises