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Leading legal IT industry body launches due diligence questionnaire for suppliers of AI

Legal IT Insiders

The Legal IT Innovators Group (Litig) will today (16 May) launch an AI due diligence questionnaire that they hope will drive good practices and governance among vendors that are building […] The post Leading legal IT industry body launches due diligence questionnaire for suppliers of AI appeared first on Legal IT Insider.

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How Attorneys Can Use Legal Data for Legal Recruiting

Attorney at Work

Firms of all sizes, from BigLaw to small law firms, can take advantage of the growing availability of litigation data to gain insights on which laterals to hire, which law practices to purchase and, more importantly, which to avoid. Litigation data lets firms conduct targeted legal recruiting.

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Navigating Rapid Change: How AI Empowers Legal Teams to Stay Ahead

MatterSuite

Predictive Analytics for Better Decision-Making One of the most promising aspects of AI in the legal industry is its predictive analytics capabilities. Predictive analytics can also play a vital role in litigation risk assessment.

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Johannes Scholtes: AI Is Finally Here. Now the Hard Work Begins for the Legal Industry (TGIR Ep. 191)

3 Geeks and a Law Blog

It’s Starting with a course, in text mining says find the interesting methods in texts, legal analytics, social what it’s called in the legal industry. Marlene Gebauer 12:06 So Jan, you’ve written about how AI can be used to improve the due diligence process for m&a deals. So try to find semantic roles. God made me famous.

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AI and Its Impact on the Legal Industry

MatterSuite

Contract Analysis and Due Diligence: AI technologies, such as natural language processing (NLP), have made significant strides in automating contract analysis and due diligence processes. Enhanced Decision-Making: AI can provide valuable insights and predictive analytics by analyzing historical legal data.

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Guest Post: Beating the Alternative – Why The Billable Hour is the Truest Representation of Cost

LawSites

In litigation, for example, the attitude of the opposing party can drive up costs beyond estimates. It happens in corporate deal making as well; issues are discovered during due diligence that have a material impact, on both the deal, and the final legal invoice. Truest representation of cost.

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Launching Today: Traact Is An All-in-One, ‘Tech First’ Platform for Managing Corporate Legal Functions

LawSites

Intended for customers in both corporate legal and law firms, Traact offers modules for entity management, permits and licensing, board management, matter management, contract management, disputes and litigation, finance and taxes (including spend management), and document management. .” Traact includes analytics across all matters.