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What exactly will change with AI & Legal coming together?

Cenza

Contract Management. Contracts are the lifeline of an organization. Legal contracts and documents are sort of ubiquitous in the business world, irrespective of the industry. It has been estimated that inefficient contracting causes firms to lose between 5% to 40% of the value on a given deal, depending on circumstances.

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2024 Guide to Utilizing Generative AI in the Legal Industry

MyCase

Generative AI (GAI) , like the popular ChatGPT tool, emulates human cognitive functions like learning, problem-solving, and decision-making. This shift is not just about saving time or cutting costs; it’s about enhancing the precision and effectiveness of legal services.