AI and the Law – the future is here
Artificial intelligence (AI) is already making significant inroads to the practice of law and producing efficiencies and cost savings. This article looks at how AI is being utilised in different parts of legal practice and the transformation of legal practice that is already underway in the delivery of legal services from litigation through to contract management and Chatbots. Litigation & eDiscovery The production of documents has traditionally been a very expensive part of the litigation process. The development of eDiscovery software tools to identify, retrieve, process, filter and search provides significant costs savings in the litigation process. These cost savings are even more significant with latest software tools and right expertise are utilised. The latest developments in the eDiscovery industry include the use of AI technology. Early forms of AI were built into the globally dominant eDiscovery platforms. For the past 10 years these platforms enabled document clustering and concept […]