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The Pivotal Role of Data Annotation in AI-Powered Legal

Cenza

Now, AI-based software is tapped to review documents to establish its relevance to a given case. According to a survey of nearly 100 law firms by real estate giant CBRE, 48% of firms already use AI software in their businesses, and 41% have immediate plans to implement the same.

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The Process of Buying or Selling a Business: M&A Purchase Agreements

Strictly Business

Overview The purchase agreement is the principal legal document used to effect a merger, acquisition, or sale transaction (an “M&A transaction”). For the buyer, they have two primary functions: (1) they serve as a basis for the buyer to conduct due diligence on the seller (i.e.,

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The Impact of Artificial Intelligence in the Legal Industry: What is changing, and how?

Cenza

It also acts as a huge time saver by automating contracting information related to document reviews for due diligence, litigation legalese, legal research, etc. Ideally, these tasks take a lawyer’s quality time away from strategic and forward-thinking legal initiatives. Transforming Legal Research.

Legal 93
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Growing Your Law Practice Using Virtual Staff

Lawfecta

There are three types of virtual legal staff: Virtual paralegal: A virtual paralegal is an experienced professional who can help you with specific projects such as client intake, pleadings, law and motion drafting, due diligence matters, legal research, summarizing depositions and testimony, and locating and interviewing witnesses.

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10 Things Attorneys Look For in a Paralegal

Paralegal Bootcamp

For example, a corporate paralegal might be asked to do some due diligence on foreign corporations that are part of a big merger. A real estate paralegal might be asked to do title research on a big commercial closing transaction. Drafting legal documents. Interviewing clients and witnesses.

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The top players in the AI-powered contract management space

Cenza

Contract Intelligence, an AI-based solution for enterprises that need to review and analyze contracts to extract, classify, search and compare relevant information in documents with a degree of accuracy that is difficult to achieve with manual labor or with other AI-based tools.