Extract from Trudy Knockless’s article, “Legal AI Is Only as Smart as the System Behind It.”
“When AI produces insights that you have to manually verify before being able to trust them, you’ve done the polar opposite of unlocking AI efficiency. You’ve added a verification burden on top of your existing processes,” said Mark Ross, principal and growth and markets leader at Deloitte Legal Business Services.
Legal departments eager to unlock AI’s potential may be overlooking the one thing that will determine whether the technology succeeds: a trusted system of record for their contracts.
That was the central message of “How Legal Teams Can Get More From Their AI: The Case for a System of Record,” a Law.com webcast sponsored by Sirion, where speakers argued that AI alone won’t transform legal operations if contract data remains fragmented, inconsistent and difficult to trust.
The discussion featured Jessica King, vice president of legal solutions at Sirion, and Mark Ross, principal and growth and markets leader at Deloitte Legal Business Services.