This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Duediligence is a key area for commercial law firms and one that many legalAI companies have targeted. How does global firm Linklaters approach this key element of its work for clients? Artificia
The emergence of collaborative AI tools like Hebbia the advanced AI tool for legal professionals recently recognized as LegalTech GenAI Solution of the Year at the 2024 LegalTech Breakthrough Awards. Read on as we explore what we know about Hebbias AI Looking for legalAI options?
Marwaha said he sees Kira as a natural extension of the Litera Transact workflow, adding contract analysis and duediligence. In interviews yesterday, I spoke with both Marwaha and Waisberg about the deal. We’re excited about extending that workflow, extending that ecosystem, for our customers.”.
AI tools can automate and perform certain routine tasks for lawyers, allowing them to do more in less time and better serve clients. How to Appropriately Use AI for Law AI can be used in the legal field in numerous ways to enhance efficiency, improve accuracy, and streamline various processes.
But those robust levels of interest and enthusiasm also means that AI products – or products claiming to be AI – will continue to flood the market at an escalating pace, making it increasingly difficult to tell the difference between the two.
They co-authored a paper on subtle errors in legalAI. Travers Smith is exploring AI for tasks like contract review but not yet for work product. This wide-ranging discussion provides an inside look at how one forward-thinking firm is advancing legalAI in a prudent and ethical manner.
As AI keeps evolving, its clear that lawyers and firms who embrace these tools now will have a big advantage in the future. In this guide, we go over everything you need to know about legalAI, including the different types, benefits, and the best tools you can start with. What Is LegalAI?
While much of the conversation on AI in law centers around its impact on litigation, its role in transforming transactional legal work is just as significant. From contract drafting to duediligence and deal efficiency, AI helps lawyers complete transactional legal tasks faster and more efficiently.
Use and Familiarity Half of the AmLaw 200 firms surveyed by LexisNexis reported having already purchased Gen AI tools (only 20% of the larger firms outside of the AmLaw 200 had). The larger law firms and companies surveyed are using Gen AI tools (close to 50% for both).
Yes, legal software typically includes AI tools that legal professionals can use to create legal documents. In fact, legalAI 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? Duediligence.
Use and Familiarity Half of the AmLaw 200 firms surveyed by LexisNexis reported having already purchased Gen AI tools (only 20% of the larger firms outside of the AmLaw 200 had). The larger law firms and companies surveyed are using Gen AI tools (close to 50% for both).
Artificial intelligence (AI) seems to be everywhere these days, and it's definitely becoming a regular part of legal software, presenting law firms with advantages and risks that require consideration. Given the associated risks, using generative AI to produce legal documents warrants the highest duediligence level.
Have you met Harvey (AI)? Every week, another AI tool seems poised to take the legal profession by storm— Harvey AI , described as “unprecedented legalAI”, is yet another exciting offering in law firm AI. Harvey AI is working with other law firms to develop custom tools.
Enter the world’s first “AI Reliance” insurance for accuracy for a legaltech AI product. However, as with all AI tools, this type of integrated technology makes it even more important for legal professionals to be aware of their ethical obligations when using AI.
They co-authored a paper on subtle errors in legalAI. Travers Smith is exploring AI for tasks like contract review but not yet for work product. This wide-ranging discussion provides an inside look at how one forward-thinking firm is advancing legalAI in a prudent and ethical manner.
Reveal 11 is the result of the company’s multi-year vision for the company to fuse the best legalAI technology onto a single platform that instantly becomes a force multiplier for legal teams large and small.”. Cobra Legal Solutions Partners with Reveal.
Because that was like the first way that legalAI, right, mostly driven by what you might call natural language processing, or at least the first blush, the first version of natural language processing. And I started it up and totally without any planning in to my complete surprise, it just exploded, it just took off completely.
Because that was like the first way that legalAI, right, mostly driven by what you might call natural language processing, or at least the first blush, the first version of natural language processing. And I started it up and totally without any planning in to my complete surprise, it just exploded, it just took off completely.
In this episode, Marlene Gebauer interviews attendees at two recent legal tech conferences – the TLTF Summit and the LegalAI Pathfinder’s Assembly. She asks them about the biggest impacts they foresee AI and other innovations having on the legal industry in 2024.
In this episode, Marlene Gebauer interviews attendees at two recent legal tech conferences – the TLTF Summit and the LegalAI Pathfinder’s Assembly. She asks them about the biggest impacts they foresee AI and other innovations having on the legal industry in 2024.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content