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  Published Paper Details:

  Paper Title

An Analysis of Artificial Intelligence's Impact on Corporate Legal Sector in India with comparison to other Countries

  Authors

  Bhargabi Banerjee

  Keywords

Artificial Intelligence (AI), Corporate Legal Sector, Legal Technology, AI in Indian Law, Legal Research Automation, Contract Analysis, Due Diligence, Compliance Monitoring, Litigation Management, Companies Act 2013, SEBI Regulations, Legal Ethics, Algorithmic Bias, AI Governance,

  Abstract


This dissertation examines the changing nexus of Artificial Intelligence (AI) and corporate legal practice in India, providing a detailed analysis of how AI technologies are reconfiguring the functioning, delivery, and regulation of legal services in the corporate space. As India undergoes a rapid digitalization across industries, the legal sector--historically considered conservative and process-oriented--is increasingly adopting AI-led innovations to boost efficiency, precision, and decision-making. The research commences by situating the worldwide rise of AI technologies and chronicles their development in legal frameworks, with specific reference to the Indian business legal context. It discusses the implementation of AI-based tools across the most significant legal procedures like contract analysis, legal research, due diligence, litigation planning, fraud detection, and regulatory compliance. By citing particular platforms such as CaseMine, Prarambh (formed by Cyril Amarchand Mangaldas), Anuvaad, and global systems such as IBM Watson and COIN by JPMorgan Chase, the research brings forth the real-world application of AI within corporate law practice. Using doctrinal and comparative legal research approaches, the dissertation examines the role of AI in improving speed, lowering costs, and enhancing risk mitigation in corporate legal processes. It also considers the law and ethics aspects of AI embedding--data protection issues, prejudice through algorithms, professional negligence, and erosion of human judicial wisdom. The legislative framework is viewed critically in light of a comparison of legal instruments and governmental interventions across the United Kingdom, United States, European Union, China, and Australia, and offers India's path to regulation valuable lessons. An important value added to this work is the in-depth analysis of Indian legal laws--that include the Companies Act, 2013; SEBI legislation; the Information Technology Act, 2000; and incoming data protection acts--and how these intersect with applications of AI for legal purposes. The research ends on a note proposing a strategic map for the Indian legal profession and suggesting regulation amendments, moral benchmarks, and professionalism guidelines in place to see the use of AI in the corporate legal fraternity used responsibly, fairly, and openly. In conclusion, this dissertation presents a timely and forward-looking analysis of the ways in which AI can enhance, supplement, and possibly change legal practice within India's corporate world, such that technological development is in tune with constitutional principles, client interest, and the fundamental values of justice.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2504793

  Paper ID - 281887

  Page Number(s) - g772-g775

  Pubished in - Volume 13 | Issue 4 | April 2025

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Bhargabi Banerjee,   "An Analysis of Artificial Intelligence's Impact on Corporate Legal Sector in India with comparison to other Countries", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.13, Issue 4, pp.g772-g775, April 2025, Available at :http://www.ijcrt.org/papers/IJCRT2504793.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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