Remove Compliance Remove Due diligence Remove Machine learning
article thumbnail

Thomson Reuters Launches AI-Powered Contract Analysis Tool in HighQ

LawSites

Thomson Reuters is getting into the game of AI-powered contract analysis with the launch today of HighQ Contract Analysis , a contract review tool that uses machine learning to find answers to specific legal questions.

article thumbnail

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. By leveraging machine learning techniques, AI systems can identify patterns and correlations that humans might miss.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

MatterSuite

Here are some of the key technologies shaping the legal industry: Artificial Intelligence (AI) and Machine Learning Legal Research: AI-powered platforms, like ROSS, use natural language processing (NLP) and machine learning. It automates the time-consuming process of document review and due diligence.

article thumbnail

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

MatterSuite

AI-powered document review platforms use advanced machine learning algorithms to categorize, tag, and prioritize documents based on relevance and context. AI can swiftly identify key terms, potential risks, and inconsistencies in contracts, thereby aiding lawyers in negotiations and due diligence.

article thumbnail

Helpful Guidance on Managing AI-Related Cybersecurity Risks from Hong Kong’s SFC

Debevoise Data Blog

For some firms, compliance with the Circular will require a significant increase in their cybersecurity compliance budgets and the securing of additional resources for 2025 and beyond. Some companies may want to address this now as 2025 budgets are being finalized.

article thumbnail

Legal AI Tools

Lawmatics

Contract analysis: AI technologies, including natural language processing (NLP) and machine learning, are used to analyze and review contracts to identify key terms and potential risks and help ensure compliance. Risk management: AI is useful for assessing and managing legal risks.

article thumbnail

Josh Blandi

Colin S. Levy

Josh Blandi is the CEO and Co-Founder of UniCourt , a SaaS offering using machine learning to disrupt the way court data is organized, accessed, and used. What I’ve seen people get right, is the move to integrated platforms that have shown to be very valuable.