Remove Due diligence Remove e-filing Remove Machine learning
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.

article thumbnail

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

CaseFox

Legal Research and Data Analytics: Gone are the days of poring over endless law books and case files in dusty libraries. Cloud-based storage solutions offer secure and scalable platforms for storing sensitive client data, case files, and legal documents. This enables attorneys to work together in real-time on documents and case files.

professionals

Sign Up for our Newsletter

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

article thumbnail

What’s new in OpenText eDiscovery

OpenText

designed to enhance your e-discovery workflows with powerful new features and improvements. Users can now produce redacted Excel files in both PDF and image formats, providing greater flexibility and convenience when working with sensitive data. Users can now select a subset of pages from a single PDF file to create sub-documents.

article thumbnail

Legal Innovation and AI: Risks and Opportunities

Clio

While much discussion of law firm innovation focuses on technology, such as AI and machine learning, innovation also encompasses mindsets that encourage openness to ideas, collaboration, and addressing client needs. This Improves accessibility and fosters collaboration on client files.

article thumbnail

Generative AI: A Guide for In-House Corporate Legal Departments

MatterSuite

This capability is beneficial in the due diligence stage, legal discovery , and compliance reviews, where tons of data require proper and swift analysis. Chatbots can also help clients navigate through simple processes, for example, filing for a claim or submitting a document.

article thumbnail

Increased Focus by Federal Regulators on AI and Consumer Protection in the Financial Sector

Debevoise Data Blog

As financial institutions increasingly deploy artificial intelligence (“AI”), including machine learning and automated decision-making technologies, across their business lines, U.S. Lenders and creditors often assess credit risk from alternative data ( e. Focus on Proxies for Protected Classes.