Remove Due diligence Remove Litigation Remove Machine learning
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Hebbia AI for Lawyers: What You Need to Know About the Latest Legal AI Tool

Clio

It uses advanced machine learning to extract insights from documents and break down complex tasks into manageable workflows. It could also simplify document review in litigation or transactional contexts.

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Litera to Acquire Legal AI Pioneer Kira Systems, Enhancing its Transaction Management Offering

LawSites

The company developed what was the first of a now-common class of products that use machine learning for contract review and analysis. Litera said it will incorporate Kira’s machine learning workflows into its Litera Transact transaction management platform. Waisberg will serve as a strategic advisor to Litera.

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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.

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Johannes Scholtes: AI Is Finally Here. Now the Hard Work Begins for the Legal Industry (TGIR Ep. 191)

3 Geeks and a Law Blog

So, It’s really interesting, what you’re saying now is, I talked to you, you may know, Jason Baron, you will see former director of litigation supports the White House in the National Archives. Marlene Gebauer 12:06 So Jan, you’ve written about how AI can be used to improve the due diligence process for m&a deals.

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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.

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Navigating Rapid Change: How AI Empowers Legal Teams to Stay Ahead

MatterSuite

Predictive analytics can also play a vital role in litigation risk assessment. Analyzing past cases and judge behavior allows legal teams to make informed decisions on litigation, settlement, or alternative dispute resolution. This level of analysis not only expedites due diligence processes but also minimizes the chances of oversight.

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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 automates the time-consuming process of document review and due diligence.