Remove Due diligence Remove Legal advice Remove Legal tech
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The Future of Legal Tech: How Technology Is Transforming the Business of Law

MatterSuite

E-discovery solutions , a significant part of legal tech, were estimated to be a multi-billion-dollar industry. This transformation is encapsulated by the burgeoning field known as “legal tech,” a fusion of legal expertise and cutting-edge technology.

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ChatGPT and the legal industry… according to ChatGPT

CEE Legal Tech

One is by providing automated legal research and document generation, which can save time and improve accuracy. Another is by using natural language processing to analyze legal documents and extract relevant information, which can be useful for contract review and due diligence.

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Legal AI Tools

Lawmatics

Additionally, the legal tech landscape is dynamic, and new tools may emerge over time. Consequently, legal professionals should carefully review the terms of use and features of each tool to determine their suitability for specific needs. Q: Is there any way to get free AI legal advice?

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

Legal Tech Monitor

Understanding new legal concepts, 31%. Conducting due diligence, 12%. Across the board, legal professionals express concern with the ethical implications of generative AI on the practice of law. Of those who had used them, nearly half, 48%, say they had used them for legal advice or assistance.

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Rethinking Law Firm Strategy: The Road to Growth and Success with Toby Brown and Nita Sanger (TGIR Ep. 200)

3 Geeks and a Law Blog

the core value is legal advice, which means that’s the most high value activity you should provide to your clients and continue to do that. We had other due diligence factors as part of this portability of the work, it was far more an m&a approach. You’re going to have to think about things differently.

Law firm 264
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Law School Lessons

Colin S. Levy

The business of law differs from practicing law and to succeed as a legal professional you should know how to do both. Practicing law is drafting contracts, providing legal advice, litigating a case, or negotiating. How legal tech can help you be a better lawyer. Legal tech is not a fad that is going away.

Law 52