Optimizing Numerical Estimation and Operational Efficiency in the Legal Domain through Large Language Models

Open Access
Authors
Publication date 2024
Book title CIKM '24
Book subtitle Proceedings of the 33rd ACM International Conference on Information and Knowledge Management : October, 21-25. 2024, Boise, ID, USA
ISBN (electronic)
  • 9798400704369
Event 33rd ACM International Conference on Information and Knowledge Management, CIKM 2024
Pages (from-to) 4554-4562
Publisher New York, NY: Association for Computing Machinery
Organisations
  • Faculty of Law (FdR) - Amsterdam Center for Law & Economics (ACLE)
  • Faculty of Science (FNWI) - Informatics Institute (IVI)
Abstract
The legal landscape encompasses a wide array of lawsuit types, presenting lawyers with challenges in delivering timely and accurate information to clients, particularly concerning critical aspects like potential imprisonment duration or financial repercussions. Compounded by the scarcity of legal experts, there's an urgent need to enhance the efficiency of traditional legal workflows. Recent advances in deep learning, especially Large Language Models (LLMs), offer promising solutions to this challenge. Leveraging LLMs' mathematical reasoning capabilities, we propose a novel approach integrating LLM-based methodologies with specially designed prompts to address precision requirements in legal Artificial Intelligence (LegalAI) applications. The proposed work seeks to bridge the gap between traditional legal practices and modern technological advancements, paving the way for a more accessible, efficient, and equitable legal system. To validate this method, we introduce a curated dataset tailored to precision-oriented LegalAI tasks, serving as a benchmark for evaluating LLM-based approaches. Extensive experimentation confirms the efficacy of our methodology in generating accurate numerical estimates within the legal domain, emphasizing the role of LLMs in streamlining legal processes and meeting the evolving demands of LegalAI.
Document type Conference contribution
Language English
Published at https://doi.org/10.1145/3627673.3680025
Downloads
3627673.3680025 (Final published version)
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