LawSites

AUGUST 15, 2023

When it was founded in 2000, Kira pioneered the use of artificial intelligence and machine learning for contract review and analysis. Now Kira, which was acquired in 2021 by Litera , is employing the newest wave of generative AI to help legal professionals accelerate the process of due diligence and other forms of contract reviews.

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NSLT

FEBRUARY 10, 2017

Read the Article: Here Learn More About eBrevia: Here

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NSLT

AUGUST 22, 2017

Read the Article: Here Learn More About eBrevia: Here

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NSLT

FEBRUARY 10, 2017

Read the Article: Here Learn More About eBrevia: Here

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NSLT

AUGUST 22, 2017

Read the Article: Here Learn More About eBrevia: Here

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MatterSuite

JULY 4, 2023

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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MatterSuite

AUGUST 28, 2023

AI-powered document review platforms use advanced machine learning algorithms to categorize, tag, and prioritize documents based on relevance and context. AI can swiftly identify key terms, potential risks, and inconsistencies in contracts, thereby aiding lawyers in negotiations and due diligence.

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MatterSuite

OCTOBER 27, 2023

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.

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Lawmatics

JANUARY 23, 2024

Contract analysis: AI technologies, including natural language processing (NLP) and machine learning, are used to analyze and review contracts to identify key terms and potential risks and help ensure compliance.

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Colin S. Levy

MARCH 7, 2023

Josh Blandi is the CEO and Co-Founder of UniCourt , a SaaS offering using machine learning to disrupt the way court data is organized, accessed, and used. What I’ve seen people get right, is the move to integrated platforms that have shown to be very valuable.

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MatterSuite

JUNE 4, 2024

Today, AI technologies, such as machine learning and natural language processing, are streamlining tasks that once required extensive human labor. For example, lawyers adept at using AI for predictive analytics, contract analysis, and due diligence are in high demand.

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Legal Tech Innovation Wales

DECEMBER 1, 2022

With an ever-growing pile of cases and long hours, who would have the time to peruse the latest court decisions or comb through documents for due diligence purposes? Even though machine learning is making strides in understanding natural language, it is far from interpreting the law accurately.

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Percipient

JANUARY 20, 2025

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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3 Geeks and a Law Blog

JULY 11, 2023

Leib notes SessionGuardian’s solution addresses risks beyond eDiscovery and source code review, including data breach response, M&A due diligence, and outsourced call centers. m&a and IP due diligence matters, contract review matters. And even in the education space remote learning and testing.

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Dennis Kennedy

DECEMBER 14, 2023

It is based on advanced machine learning models that learn patterns from vast amounts of data and can produce novel outputs based on that learning. While the AI tool may have generated the content, lawyers must exercise due diligence to ensure that the advice or document is accurate and appropriate.

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Clio

MARCH 14, 2024

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. Learn more about the ethics of using AI in our article AI and the Law: What are the Ethical Considerations?

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Legal Tech Blog

DECEMBER 8, 2022

It needs to be not just accessible in adequate volumes, but highly reliable so it can accurately inform machine learning models. With this in mind, firms must work to perform due diligence and audits on all partner vendors, vetting data and security controls and evaluating them against legislation.

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CEE Legal Tech

JANUARY 20, 2023

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. Document generation: ChatGPT can be used to generate legal documents, which can be useful for contract review and due diligence.

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Debevoise Data Blog

JANUARY 12, 2021

Regulators in the United States and abroad are showing increasing interest in pursuing enforcement actions against companies that deploy artificial intelligence, machine learning, or algorithmic-based applications (“AI”) in a way that the regulators perceive as harmful to the public.

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CaseFox

JULY 25, 2023

Through machine learning algorithms, e-discovery platforms can quickly identify patterns and connections in data. AI-powered applications can perform tasks such as contract analysis, due diligence, and legal research with remarkable speed and accuracy. This assists legal teams in building stronger cases.

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Attorney at Work

JUNE 22, 2021

Ask colleagues for referrals and do your due diligence. Experienced professionals familiar with law firms can apply that knowledge to your challenges and more deeply understand your firm’s particular needs. Once you’ve identified your final candidates, ask for references from other law firms.

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Debevoise Data Blog

OCTOBER 14, 2021

The Report is the culmination of IOSCO’s multiyear effort engaging with market intermediaries and asset managers to identify real-life artificial intelligence (“AI) and machine learning (“ML”) use cases and their associated risks, and incorporates the feedback IOSCO received on its June 2020 Consultation Report.

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MatterSuite

JUNE 26, 2024

This capability is beneficial in the due diligence stage, legal discovery , and compliance reviews, where tons of data require proper and swift analysis. Luminance : Machine learning is applied to analyze legal information and define risks and peculiarities.

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MatterSuite

JANUARY 24, 2024

Assessing Capabilities and Infrastructure Conduct a thorough due diligence process to assess the capabilities and infrastructure of the LPO provider. Automation, artificial intelligence, and machine learning will play increasingly significant roles in streamlining legal processes, enhancing accuracy, and improving overall efficiency.

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Debevoise Data Blog

OCTOBER 20, 2024

Third-Party Service Provider and Vendor Management The NYDFS “strongly” recommends that due diligence of third-party service providers should include diligence on the AI-related risks they pose to themselves and to the covered entities.

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Debevoise Data Blog

NOVEMBER 18, 2024

Creating model diligence questions and contract terms will help standardize AI third-party risk management, but companies will still need to determine: Which kinds of AI vendors are covered ( e.g. , does the program apply to vendors who leverage AI on their own systems to provide goods and services to the company?);

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Debevoise Data Blog

OCTOBER 31, 2023

On 26 October 2023, the Bank of England, Prudential Regulation Authority (“PRA”) and Financial Conduct Authority (“FCA”, collectively the “UK Financial Authorities”) published FS2/23 on Artificial Intelligence and Machine Learning (the “Response Paper”).

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Lawmatics

AUGUST 8, 2023

Through machine learning algorithms, AI can detect patterns and correlations in substantial datasets that may elude human analysis, offering critical insights. This ground-breaking fusion of natural language processing and machine learning aids firms with contract analysis, due diligence, and regulatory compliance.

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Legal Tech Monitor

DECEMBER 14, 2023

It is based on advanced machine learning models that learn patterns from vast amounts of data and can produce novel outputs based on that learning. While the AI tool may have generated the content, lawyers must exercise due diligence to ensure that the advice or document is accurate and appropriate.

Lawyer 52

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OpenText

NOVEMBER 26, 2024

OpenText provides Axcelerate Cloud users with the opportunity to leverage Generative AI for case and concept label summarization Building on a long tradition of incorporating AI and machine learning to speed document review OpenText is thrilled to introduce the next generation of AI-enhanced productivity - Aviator for Axcelerate.

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OpenText

JANUARY 31, 2024

An intuitive TAR interface and workflows reduce learning curves so your team can uncover the most relevant evidence without delay, and visualization tools allow project managers to easily track the progress of review and accurately estimate time to completion.

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3 Geeks and a Law Blog

AUGUST 22, 2023

And obviously, now we’re looking to expand the team more and more, I think we’ve looked into hiring, you know, ml ops people, machine learning engineers, software engineers, and it has produced already a tremendous amount of value for the firm. Oliver Bethell 17:13 Innovation by press release, I’ve called it.

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Legal Tech Monitor

JULY 11, 2023

Leib notes SessionGuardian’s solution addresses risks beyond eDiscovery and source code review, including data breach response, M&A due diligence, and outsourced call centers. m&a and IP due diligence matters, contract review matters. And even in the education space remote learning and testing.

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Legal Tech Monitor

AUGUST 22, 2023

And obviously, now we’re looking to expand the team more and more, I think we’ve looked into hiring, you know, ml ops people, machine learning engineers, software engineers, and it has produced already a tremendous amount of value for the firm. Oliver Bethell 17:13 Innovation by press release, I’ve called it.

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Ikigai Law

MARCH 13, 2023

The term itself is derived from ‘deep learning’, which is a type of artificial intelligence. More specifically, this manipulated media is created through a technique called ‘generative adversarial networks’ ( GANs ), in which machine learning algorithms learn to develop images and videos of persons by processing a database of training data.

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3 Geeks and a Law Blog

JANUARY 15, 2024

And so you know, we shouldn’t be running kind of headlong into some of this new technology without, you know, doing our due diligence. I mean, clearly we have a lot of ethical responsibilities to our clients and their data. That said, Greg Lambert 15:00 I knew there was a but coming in.

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Legal Tech Monitor

JANUARY 15, 2024

And so you know, we shouldn’t be running kind of headlong into some of this new technology without, you know, doing our due diligence. I mean, clearly we have a lot of ethical responsibilities to our clients and their data. That said, Greg Lambert 15:00 I knew there was a but coming in.

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