Transforming Expert Analysis: The Dynamic Impact of Artificial Intelligence and Machine Learning

A recent study by Cornerstone Research’s Data Science Center analyzed the use of AI and machine learning (ML) in expert reports within the legal sector over the past five years. While the adoption of AI/ML in expert analyses is currently limited, the study highlights a growing trend in their integration. Sources such as LexisNexis and Bloomberg Law were used to assess how these technologies are enhancing the quality, scope, and speed of legal expert evaluations. Notably, generative AI (GenAI) and large language models (LLMs) are expected to significantly impact economic litigation. Despite these advancements, the study emphasizes the necessity for responsible AI/ML application, advocating for thorough oversight, verification, and compliance with evolving legal standards to ensure effective and ethical use in the legal field.

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