Survey: Legal ops pros say that regulation is driving more discovery change
A new report by the legal tech vendor OpenText says that two-thirds of legal professionals believe spending on artificial intelligence (AI) will increase this year. The survey, done in conjunction with Ari Kaplan Advisors, says it demonstrates the convergence of multiple disciplines and the expanding responsibilities of corporate legal operations professionals.
“AI, cloud and security have emerged as top priorities for law firms and enterprise legal departments as we approach 2020,” said Todd Elliott, OpenText vice president for security, artificial intelligence, and legal technology. “As legal professionals ready themselves for the latest requirements of the new economy and the new way to work, cutting edge software solutions in legal technology from OpenText can help them achieve their goals in AI, cloud and security.”
The survey saw progress in the rise in use of AI and cloud. But it says that adoption remains a long-term phenomenon
So much for generalities. Here are the key findings:
- Movement toward the cloud continues: The majority of respondents, 83 percent, rated their organization’s current use of cloud-based tools at a three or above on a 1-5 scale.
- The use of AI is growing: Within legal departments, 34 percent of respondents currently use AI (up from 23 percent in 2017). And two-thirds believe that spending on AI solutions will increase in 2019.
- Legal is more focused on security: A full 91 percent reported the legal department’s influence on information security decisions has increased, with 49 percent claiming the legal team is much more involved in information security.
- The GDPR is driving major e-discovery, privacy and security changes: 80 percent of respondents say that data privacy concerns affect how they handle discovery and investigations, and the impacts of regulations such as GDPR are starting to be realized by legal professionals.