Krishna Sundareshan recalls the refrain. “You can say AI, you can say a set of fancy words,” he says, “but how is it going to make my life better?” Sundareshan is the founder of Surukam, a Chennai-based startup. In May 2017, Surukam was one of six startups selected globally to participate in the incubator lab of Mishcon de Reya, a UK law firm. What he heard was from end-clients—a hard-nosed response, to be sure—but also eager to participate, considering that practitioners of the law aren’t traditionally considered at the forefront in adopting technology.
From pyramid to diamond: How AI is changing legal services
The bottom of the pyramid is being automated and those at the forefront say, once in full force, it’d change the law firms into a diamond. Well, structurally for sure
At least half a dozen startups in legal AI have come out in India in the second half of 2017
A subset of the broader legal services startups, they all cater to specific tasks in the legal process
Outside India, there is already an onrush to applying algorithms in delivering legal services
The indication today is that machine learning solutions work best when integrated into company systems