Remove Case law Remove Due diligence Remove Practice management
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Harnessing AI in Transactional Legal Work

Clio

While much of the conversation on AI in law centers around its impact on litigation, its role in transforming transactional legal work is just as significant. From contract drafting to due diligence and deal efficiency, AI helps lawyers complete transactional legal tasks faster and more efficiently. Book a Clio Duo demo today!

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Harvey AI: What We Know So Far

Clio

Starting with general internet data from the GPT model, Harvey AI was further trained with general legal data (including case law and reference materials). When engaged by a firm, Harvey AI is then trained by the firm’s own work products and templates (much like a new employee’s onboarding when joining a law firm!).

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The Future of Legal Tech: How Technology Is Transforming the Business of Law

MatterSuite

This analyzes vast legal databases and provides attorneys with relevant case law, statutes, and legal precedents. Predictive Analytics: Machine learning algorithms examine historical case data to predict legal outcomes. It automates the time-consuming process of document review and due diligence.

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Negotiation Skills 101

Martindale-Avvo

Lawyers should meticulously research applicable statutes, case law, legal precedents, and specific facts related to the matter at hand. The best strategy in these situations is to conduct thorough due diligence, so you are meticulously prepared with a strategy that will achieve your client’s goals.

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Technology for Lawyers: Empowering the Legal Profession in the Digital Age

CaseFox

They also give lawyers the statutes, case law, and legal commentary about the cases. Artificial Intelligence (AI) in Legal Practice : Artificial Intelligence has made significant strides in the legal sector, presenting new opportunities and challenges. AI’s capabilities have expanded to natural language processing.

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11 ChatGPT Prompts to Transforming Your Legal Practice

Lawmatics

Legal Drafting & Case Review Take, for instance, Harvey AI. This ground-breaking fusion of natural language processing and machine learning aids firms with contract analysis, due diligence, and regulatory compliance. It's useful when preparing briefs, memoranda, or client advisories on recent case law.

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Top Tech Tools for Lawyers in 2024

Clio

While each law firm’s optimal tech stack depends on factors like firm size and practice area, it’s a good bet to start with the basics, then add in tech tools to fill gaps, enhance productivity, and better serve your specific client base. Document management tools then help you safely store and access those documents.

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