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Artificial intelligence tools have become prevalent in legal practice, particularly in eDiscovery. That doesn’t mean, however, that law firms and litigationsupport teams have been quick to embrace them. Despite their benefits, many legal organizations have been hesitant to implement AI tools. AI Hesitation.
Artificial intelligence is emerging as a game changer for various industries, and the legal industry is no exception. AI and automation can streamline the process of legal professionals and enhance the efficiency of firms. From legalresearch to virtual assistance, AI tools can do it all for legal professionals.
This acquisition allowed Ricoh to concentrate on its core business areas, while Array enhanced its litigationsupport capabilities. The adoption of AI tools for tasks such as document review, contract analysis, and legalresearch is accelerating. billion in 2023 to $22.65 billion by 2028.
Document Automation: Tools that generate customized legal documents like contracts, briefs, and forms from templates. eDiscovery Platforms: Systems for efficiently searching, analyzing, and producing electronic information relevant to legal cases and discovery requests. billion globally in 2022.
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