AI Drive Gains Momentum as Baker McKenzie Signs Machine Learning Deal
The global legal giant has become the latest Am Law 100 firm to begin using artificial intelligence software in an attempt to improve efficiency and reduce costs.
August 04, 2017 at 02:03 PM
3 minute read
Baker McKenzie has become the latest large law firm to start using artificial intelligence (AI) software in an attempt to improve efficiency and reduce costs.
The legal giant, which earlier this week announced a record high gross revenue figure for its most recent fiscal year, will use a machine learning tool developed by U.S. contract analytics company eBrevia to handle transactional due diligence in North America, Europe and Asia.
Baker McKenzie tax partner and global executive committee member Erik Scheer in Amsterdam said that AI allows firms to better utilize their lawyers.
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