This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Case in point, many of the promising advancements in AI that we witness today, such as robot surgeons, self-driving cars, virtualassistants, virtual tutors, and chatbots, are a reality today, thanks to the integration of data annotation in the fundamental workflow. Helping customers draft, review, manage, and sign contracts.
Client/due diligence checking. Systems have been created to help with analysing documents used when carrying out standard due diligence checks on clients. These act like virtualassistants such as Apple’s Siri or Amazon’s Alexa. Lawtech covers a wide range of tools and processes, such as: Document drafting.
Customer service and support AI-powered chatbots and virtualassistants can provide 24/7 customer support, assist in account management, and offer personalized financial advice to customers. These are sometimes called fraud filters. This enhances the travel experience by providing tailored suggestions.
Here’s how they’re using it: Legal research Document review Due diligence E-discovery While some lawyers enthusiastically embrace AI for its potential to enhance efficiency and accuracy, others remain cautious. This includes activities like contract analysis, document review, and legal research.
Natural Language Processing (NLP): A computer system with the ability to interpret written and spoken language, which can be used to analyze contracts and flag problematic sections. Save Time and Enhance Efficiency AI-powered tools can automate various tasks, such as legal research, contract drafting, and document review.
We organize all of the trending information in your field so you don't have to. Join 99,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content