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Leading legal IT industry body launches due diligence questionnaire for suppliers of AI

Legal IT Insiders

The Legal IT Innovators Group (Litig) will today (16 May) launch an AI due diligence questionnaire that they hope will drive good practices and governance among vendors that are building […] The post Leading legal IT industry body launches due diligence questionnaire for suppliers of AI appeared first on Legal IT Insider.

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

MatterSuite

Predictive Analytics for Better Decision-Making One of the most promising aspects of AI in the legal industry is its predictive analytics capabilities. Predictive analytics can also play a vital role in litigation risk assessment.

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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. Enhanced Decision-Making: AI can provide valuable insights and predictive analytics by analyzing historical legal data.

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The Future of Legal Tech: How Technology Is Transforming the Business of Law

MatterSuite

Predictive Analytics: Machine learning algorithms examine historical case data to predict legal outcomes. It automates the time-consuming process of document review and due diligence. This analyzes vast legal databases and provides attorneys with relevant case law, statutes, and legal precedents.

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Is There an AI Tool to Create Legal Documents?

Lawmatics

Due diligence. Data analytics. AI-powered data analytics tools provide insights by tracking and analyzing the results of campaigns with built-in analytics and reporting tools. AI-driven chatbots and virtual assistants handle routine client inquiries, appointment scheduling , and initial case assessments.

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Josh Blandi

Colin S. Levy

UniCourt provides Legal Data as a Service (LDaaS) via our APIs to AmLaw 50 firms and Fortune 500 businesses for accessing normalized court data for business development and intelligence, analytics, machine learning models, process automation, background checks, investigations, and underwriting.

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How Attorneys Can Use Legal Data for Legal Recruiting

Attorney at Work

Firms of all sizes, from BigLaw to small law firms, can take advantage of the growing availability of litigation data to gain insights on which laterals to hire, which law practices to purchase and, more importantly, which to avoid. Litigation data lets firms conduct targeted legal recruiting.