Russian Bank to Replace 3,000 Employees With Robot Lawyer

Last Updated on August 16, 2020 by CryptoCreed

Robots(computers) are time saving and quick results showing than humans. Computers are quickly elevating in many professions. Lawyer robots are creating a future in which the legal system becomes less costly and more efficient. Many companies are turning towards machines to perform routine tasks.

Russia’s biggest bank-Sberbank has recently announced a launch of a robot lawyer which will be assigned a task to process letters of complaints. This step will result in the axing of an estimated 3000 numbers of specialists who are working in the bank structure.

A Robot lawyer was launched in Q4 of 2016, with full robotization to be completed in the first months of 2017. As according to Vadim Kulik, deputy chairman of the executive Board at Sberbank, said: “It means that approximately 3000 specialists who have been processing letters of complaints will be freed from this particular task. We have quite ambitious plans. We are planning to launch robot lawyers in a range of fields.”

He explained that this step will relieve the bank’s specialists from routine tasks. Looking into the future, he said that eventually the processing of all routine legal documentation will be automatized, allowing lawyers to deal only with serious legal procedures.

All current working specialists that have performed the routine legal jobs will be offered to take special training courses. Kulik also said that; it is important to re-evaluate “how we can apply their skills and where.”

The replacement will not happen immediately, but the process will be stretched over time.

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