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How is AI Used in Legal Technology?

Lawmatics

Predictive Analytics AI can predict case outcomes based on historical data and legal precedents to help lawyers and clients make more informed decisions about litigation strategies, settlement negotiations, and risk assessment.

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Everything You Should Know About AI Legal Tech

Percipient

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.

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10 Ways Attorneys Can Leverage AI Legal Prompts for Efficiency

Destination Articles Blog

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.

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2024 Guide to Utilizing Generative AI in the Legal Industry

MyCase

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 legal services.

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Deploying Cutting-Edge Legal AI: Travers Smith’s Cautious, But Open-source Approach. (TGIR Ep. 216)

3 Geeks and a Law Blog

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 legal services, but everything was paper based. So we’ve been testing it a little bit more and engaging with clients on that.