Remove Contract Remove Diligence Remove eDiscovery
article thumbnail

Relativity Branches Out Into Contract Analysis with New Relativity Contracts

LawSites

Today at ILTACON in Orlando, the e-discovery company Relativity announced the launch of Relativity Contracts , a tool for contract analysis and due diligence review integrated within RelativityOne, the company’s cloud platform.

article thumbnail

Relativity Acquires Contract Review Company Heretik

LawSites

Relativity , the global e-discovery and compliance technology company, said today that it has acquired Heretik , an AI contract review company whose product was built on the Relativity platform and whose staff is half composed of former Relativity employees. . In 2017, the Chicago-based company raised $2.4

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Generative AI vs extractive AI in legal technology 

LawVu

Thats why use cases for in-house legal teams are likely to include the drafting of materials such as templates, legal memos and contracts from scratch. For in-house legal teams this could be applied when reviewing existing compliance policy documents or identifying clauses within contracts or pulling data from invoices to populate databases.

article thumbnail

Top Technology Trends for Transactional Lawyers

LawTechnologyToday

This increase in complexity and volume required a different set of professional skills needed for litigation practitioners that combined an intimate knowledge of both the litigation process and how technology can be used to drive efficiencies in the e-discovery process. Automation.

Metadata 100
article thumbnail

Legal AI – Can Paralegals be Replaced by Robots?

Paralegal Bootcamp

If you’re in litigation, you’ve been hearing about and working with legal AI in your eDiscovery technology tools for years. But here’s the thing, legal AI in eDiscovery tools has been around for over a decade. It was an eDiscovery conference, and I was one of the speakers. A machine can’t participate in contract negotiations.

Paralegal 130
article thumbnail

Alternative Legal Service Provider and Cenza – A quick recap of the journey

Cenza

With this, we expanded our services to encompass the entire realm of digital contracting, which has broadened our horizon to include services dedicated to legal AI/ML platforms. However, constant experimenting by the service providers has enabled it as a well-established industry.

article thumbnail

How Legal Professionals Are Currently Using AI Today

CARET Legal

Or picture getting the gist of a 100-page contract in just a few minutes. You have thousands of pages of contracts, emails, financial reports, and witness statements to review. Due Diligence in Mergers and Acquisitions: In a large M&A deal, you might need to review thousands of contracts from both companies.

Legal 89