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Predictive Analytics AI can predict case outcomes based on historical data and legalprecedents to help lawyers and clients make more informed decisions about litigation strategies, settlement negotiations, and risk assessment.
Its like giving the system a library of past contracts, case outcomes, or legal trends to analyze so it can make better predictions and decisions. 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.
AI helps draft legal documents, research precedents, and even recommend negotiation tactics—all in seconds. Law firms around the globe are using AI to do everything from parsing through mountains of legal documents to helping predict the outcomes of litigation with surprising accuracy.
By automating routine and time-consuming tasks, AI liberates legal professionals from the drudgery of rote work, allowing them to concentrate on the more strategic aspects of their practice. This shift is not just about saving time or cutting costs; it’s about enhancing the precision and effectiveness of legalservices.
Shawn Curren 3:18 I think for you know, I’ve been in the legal tech industry now for about 20 years. And I sort of talked about this a lot, which Yeah, I was around, you know, before the digitization of legalservices, but everything was paper based. So we’ve been testing it a little bit more and engaging with clients on that.
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