ANALYSIS: Most M&A Attorneys Would Use AI for Due Diligence

Artificial intelligence (AI) has infiltrated almost every facet of daily life. For M&A lawyers, exposure to AI and machine learning tools likely comes from deals involving the buying and selling of AI companies as well as through the software the lawyers use on a daily basis.

Most deal lawyers who responded to a recent Bloomberg Law survey said that they’re open to using AI at some point in dealmaking.

But at exactly what stage in the dealmaking process would M&A lawyers consider using such tools? Most of the respondents (56%) to Bloomberg Law’s State of Practice survey said that they ...