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Clarivate Plc, a global leader in connecting people and organizations to intelligence they can trust to transform their world announced the release of its new report, ‘Redefining AI: How IP practice meets the coming wave’. The report explores the effects the rapid advancements in artificial intelligence (AI) will have on IP law, practice and processes, and the legal sector. It analyzes the responses of intellectual property (IP) and R&D professionals to understand their attitudes towards AI.

AI-based technology has already shown great potential for enhancing IP management and decision-making, automating laborious manual tasks, and improving productivity and the speed of research. According to the survey conducted by Clarivate, IP practitioners are seeing significant adoption of AI in their field. However, different roles within the IP practice and geographies considerably diverge in their attitudes toward AI.

Attorneys and law firms are the least comfortable with AI adoption, while non-attorneys, executives, and, most significantly, R&D respondents are more comfortable embracing AI. According to the results, the adoption of AI is received more negatively in Europe and the U.S. but is perceived more positively in the Asia Pacific and the Middle East & North Africa (MENA) regions.

The AI adoption risks our respondents were most concerned about were the accuracy of results, reliability and trustworthiness, ethical risks, client confidentiality, liability and accountability, and lack of regulation.

The other key findings in the report include respondents from law firms are noticeably less comfortable with AI adoption than those that work at corporations; For attorneys, the greatest concerns of AI are liability risk, reliability, and client confidentiality; Non-attorneys, executives, and, most significantly, R&D respondents were more comfortable with AI adoption, despite the latter being more convinced AI would impact their function; and AI adoption faces significant barriers among in-house legal departments and law firms.