Technology

The days when lawyers are replaced by technology within the UAE is fast approaching, but the direct exposure of confidential information and the credibility of advice are major concerns.

With technology already having a considerable influence on UAE lawful procedures, STA Law office mentions that making use of attorneys for suits as well as compliance is under risk, while the method of obtaining lawful counsel for contract implementation will soon be a practice of the past.

Sunil Thacker, a Senior Partner at STA, thinks that higher effectiveness as well as cost savings, which are the vital benefits of technical innovations, encourages law office to do the same with the technological developments.

It is highly foreseeable that the role of a lawyer could become automated within the near future, declares Thacker. A large proportion of attorneys already depend upon technology-assisted reviews, in which a machine reads, analyses, and provides predictive coding in compliance and lawsuits.

" Although, perhaps not as nuanced as the knowledge offered by human effort and also still in its infancy phases, a technology-assisted evaluation can offer higher accuracy in its outcomes than hands-on evaluation."

" It's inevitable that law offices will rely more on machines in the future considering that innovation remains to establish and also go beyond the capacities of a person."

Thacker points that technology now allows contracts as well as legal drafts to essentially end up being a computer system code rather than words on a web page, suggesting lawyers will no more be needed for these procedures, bringing considerable financial savings.

Nevertheless, he also highlights a number of usual problems and also assumptions incorporating making use of computerized technology.

The vast use of software for storing client information poses a substantial risk for the exposure of confidential material, says Thacker.

" Furthermore, better dependence on, and access to, on-line data sources and search engines to conduct research has resulted in a shortage of efficient legal representatives and also a rise in the reputation of advice."

" At the same time, it has become apparent that there is a requirement to embrace new rules to attend to the significant surge of digitally kept information in the legal area. Nonetheless, given that computer modern technology is swiftly progressing, sceptics are worried that the privacy-related regulation will certainly not have the ability to keep pace with such improvements."

Over the previous fifteen years, Thacker has developed himself as one of the leading UAE-based specialist advisers on company regulation, and also real estate in the worldwide market.

Over the past fifteen years, Thacker has established himself as one of the leading UAE-based expert advisers on corporate law, and real estate in the global market.

Caption: STA Senior Partner Sunil Thacker: The role of a lawyer could become automated within the near future.

• Tags
• #Business
• #Magazine
• #Lifestyle