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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

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How Law Firms Are Using AI: Quick Case Summaries and More

CARET Legal

Artificial Intelligence (AI) is revolutionizing the legal world, transforming key practices including case reviews, legal research, contract analysis, and predictive analytics. AI is changing this scenario, providing a more efficient and effective way of conducting case reviews.

Law Firm 105
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How Litigation Attorneys Manage & Review High Volumes of Electronic Evidence

CARET Legal

You plug it in and suddenly youre staring at a sea of digital evidence: Thousands of emails each with a potential smoking gun A mountain of PDFs: contracts, memos, financial reports Hours of audio and video to review Complex structured data that makes your head spin just looking at it Welcome to the world of high-volume electronic evidence.

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How Legal Professionals Are Currently Using AI Today

CARET Legal

In law firms, AI has been particularly impactful by making document management and analysis processes more efficient. Artificial Intelligence (AI), at its core, is about creating intelligent systems that perform and/or expedite tasks that are traditionally manual and time-intensive. How much more productive could law firms be?

Legal 89
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LTRC Roundtable Discussion: ChatGPT

LawTechnologyToday

AP: At first glance, the tool seems incredibly competent. Allison) Although like everyone else, I had heard a lot about ChatGPT and other similar AI tools ad nauseum recently, and had even seen some examples and demonstrations, I hadn’t had much of a chance to check any of them out until these Roundtable questions were circulated.

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Understanding the importance of legal matters for in-house counsel

LawVu

In this article, we’ll explain what is meant by a legal matter, why this can be such a useful lens for managing legal work, and how the right matter management system can be a game-changer for in-house counsel. What is a legal matter? However, the reality of in-house legal work is that it routinely extends beyond these parameters.

Legal 52
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ChatGPT and the Future of Corporate Legal Work: Insights and Hallucinations

Fordham Law News

. … In fact, many organizations and law firms are already using AI language models like myself for tasks such as legal research, document review, and contract analysis. … For example, legal research, document review, and contract analysis can all be automated with AI tools. ME: Great!