Ministry of Science and ICT 'AI Roundtable' This Time on Legal Tech... Discussing Applications in the Legal Field

Park Yoon-gyu, 2nd Vice Minister, Visits Legal Tech 'LBox'
Industry Trends Shared and AI Application Cases Discussed
"Striving for AI Benefits to Reach All Citizens"

The Ministry of Science and ICT, which visits industrial sites weekly to discuss related matters for the normalization of artificial intelligence (AI) in daily life, recently visited a legal tech company to discuss the utilization of AI technology in the legal field.

[Image source=Yonhap News]

On the 31st, according to the Ministry of Science and ICT, Park Yoon-kyu, the 2nd Vice Minister of the Ministry, visited 'LBox,' a legal tech specialized company located in Gangnam-gu, Seoul, and held an on-site meeting as part of field communication by sector for the nationwide normalization of AI.

The Ministry of Science and ICT is visiting various sectors to gather opinions necessary for AI adoption and to discover policy tasks, following the accelerating trend of AI expansion across industries confirmed at events such as the 2024 CES held last month in Las Vegas, USA. The 'AI Normalization On-site Meeting' started last week, and this was the second session.

The legal field is a representative sector expected to improve work efficiency and convenience through AI technology. For example, AI technology can shorten the time required to draft documents such as contracts or complaints, provide services that easily find similar precedents, and offer services that allow the general public to easily access legal information needed in daily life.

This meeting was organized to share domestic and international legal tech industry trends and to hear practical suggestions from private experts necessary for the spread of AI in the legal field and services that the public can experience. Participants included domestic legal tech specialized companies such as LBox, Law&Company, and Law&Good, overseas legal tech companies such as FiscalNote, Professor Hwang Won-seok from the University of Seoul, and experts from related industries including the law firm Minhoo.

Professor Hwang gave a presentation on 'Domestic Legal Tech Industry Trends and Related Technology Status,' and Kim Hyung-min, Vice President of FiscalNote, presented cases of AI application in the overseas legal field. During the discussion, the on-site demand for AI technology adoption in the legal field was shared along with growth strategies of legal tech companies, and various policy ideas to revitalize the industry were discussed.

Vice Minister Park stated, "We will do our utmost to promote effective policies so that the digital capabilities possessed by our companies spread across industries including the legal field and the benefits of AI can be enjoyed by society as a whole."