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

Cenza

This invention set the stage for a technology revolution in the legal space. 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.

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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

These legal AI players incorporate emerging technologies to either fully or partially automate services across the lifecycle of a contract – ranging from drafting, reviewing, and redlining contracts to negotiation to end-to-end management. Companies in the legal space have often been considered to be slow adopters of new technologies.

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Alternative Legal Service Providers – An ally to embrace

Cenza

Therefore, legal service providers have been contending to streamline their processes and systems with the aid of technology. An effort to maximize the value delivered by technology and enable business growth has resulted in the genesis of Alternative Legal Service Providers (ALSPs). Tracing the ALSPs’ growth path.

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

LawSites

As a PBC, we have a social mission to leverage technology to improve access to justice. Case Chronology Elevator Pitch: We are the legal Gold Standard for Chronologies. Learn more about this company at the LawNext Legal Tech Directory. Our CEO, a busy trial attorney, saw the need to bring technology to the guild.