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Few Legal Professionals Using Or Planning to Use Generative AI So Far, LexisNexis Survey Finds

Above the Law - Technology

Drafting documents, 35%. Understanding new legal concepts, 31%. Document analysis, 22%. Conducting due diligence, 12%. Across the board, legal professionals express concern with the ethical implications of generative AI on the practice of law. Understand legal process/requirements, 64%.

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ChatGPT and the legal industry… according to ChatGPT

CEE Legal Tech

ChatGPT: ChatGPT can help with legal innovation in a few ways. One is by providing automated legal research and document generation, which can save time and improve accuracy. Additionally, ChatGPT can be used to generate legal summaries, which can make it easier for non-experts to understand complex legal documents.

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Is There an AI Tool to Create Legal Documents?

Lawmatics

Yes, legal software typically includes AI tools that legal professionals can use to create legal documents. In fact, legal AI tools can be used in multiple ways in the legal industry – as long as they are leveraged correctly. How is AI Used in Legal Technology? Due diligence.

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Legal AI Tools

Lawmatics

Legal software utilizing artificial intelligence (AI) helps law firms automate routine tasks like billing and document management, allowing lawyers and staff to focus on strategic tasks (or other areas that require their skills and expertise) and less on repetitive administrative tasks. How is AI Being Used in the Legal Field?

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Few Legal Professionals Using Or Planning to Use Generative AI So Far, LexisNexis Survey Finds

Legal Tech Monitor

Drafting documents, 35%. Understanding new legal concepts, 31%. Document analysis, 22%. Conducting due diligence, 12%. Across the board, legal professionals express concern with the ethical implications of generative AI on the practice of law. Understand legal process/requirements, 64%.

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How do we build ethical Artificial Intelligence (AI)?

Legal Tech Innovation Wales

She made an interesting comparison of legal sector with the entertainment industry by saying - ‘ while a wrong movie recommendation by Netflix might only cause annoyance to users, a wrong piece of legal advice might result in changing the course of a person’s life.’

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NLP Text Summarisation in the Legal Sector

Legal Tech Innovation Wales

From writing a summary of the  Adventures of Tom Sawyer  in school to the summarisation of documents for a senior at work, every person requires summary writing skills. This ability is especially useful in the legal world since it is no mystery that lawyers love drafting excruciatingly long documents.