Generative artificial intelligence is on the verge of transforming how corporate legal departments deal with routine functions—even as it creates new obstacles that must be navigated.
By harnessing AI to do the grunt work on tasks like reviewing simple contracts, in-house counsel can reduce the time and money needed to perform those tasks to a fraction of what would be needed by humans.
But generative AI is new, and the industry is navigating critical questions around the security and quality of data.
“We are at a pivotal moment” in the evolution of legal operations technology, said Mary O’Carroll, the ...
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