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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.

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Baker Botts Formalizes 60-Plus-Lawyer Artificial Intelligence Practice Team

Legal Tech Blog

The group includes lawyers in nine offices and is co-led by partners Dino Barajas (Project Finance, San Francisco); Rich Harper (Litigation, New York); Maggie Welsh (Intellectual Property, New York); and Travis Wofford (Corporate, Houston).

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The Transformative Power of Generative AI in the Legal Field

Law Technology Today

By harnessing machine learning models, generative AI can generate quick content in response to users’ prompts – whether it be text, images or code (and other examples are sure to follow). Machine-learning based classification technologies are often used for this (for example, Microsoft Syntex).

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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 does the work more quickly and accurately than traditional research methods.

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Good AI Vendor Risk Management Is Hard, But Doable

Debevoise Data Blog

Will the program apply only to circumstances involving generative AI, or will it cover a broader range of machine-learning technologies? Many of the risks associated with AI vendors (for example, risks associated with intellectual property, confidentiality, cybersecurity, and quality control) may arise for a wide range of AI vendors.

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Legal Process Outsourcing Law Firms: A Complete Guide

MatterSuite

These tasks can range from document review and legal research to more complex processes like contract drafting and intellectual property management. Navigating International Legal Frameworks Legal processes often involve adherence to specific regulations and compliance standards.

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Everything You Should Know About AI Legal Tech

Percipient

Machine Learning Machine learning helps AI get smarter and more effective over time by learning from historical data. For instance, machine learning can predict litigation risks based on similar cases, identify trends that might impact a client, or flag unusual clauses in contracts that might need extra attention.