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How has AI emerged as the go-to legal technology?

Cenza

Since then, the industry has witnessed constant inventions and upgrades in tandem with the ever-changing needs of global legal professionals. Early-aughts witnessed a new era in legal technology when pioneering solutions emerged in the market. Legal AI in the early years.

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Will AI Replace Lawyers? 4 Expert Opinions

MyCase

In fact, according to the MyCase 2024 Legal Industry Report , 81% of respondents who leverage generative artificial intelligence (GAI) tools use it to increase productivity and efficiency. Concerns about job displacement, ethical considerations, and the need for human judgment persist in the legal community.

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The top players in the AI-powered contract management space

Cenza

ContractPodAi provides AI based contract management solutions. It enables users to assemble, automate, approve, digitally sign and manage all their contracts and documents from one place. Della is a legal technology company providing artificial intelligence to accelerate review and audit of legal documents.

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Alternative Legal Service Providers – An ally to embrace

Cenza

However, with ALSPs, legal companies leverage the services primarily for their domain expertise and technology prowess. In addition, a key aspect that has elevated ALSPs as the go-to source is their non-conventional approach towards overcoming a challenge with a dynamic solution.

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Time to Vote! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2023

LawSites

Learn more about this company at the LawNext Legal Tech Directory. ContractKen Elevator Pitch: ContractKen is building the next generation contract drafting & review solution called ReviewKen. We combine artificial intelligence with legal subject matter expertise to enable innovative solutions.