The application of artificial intelligence (AI) in legal has been perhaps nowhere more visible than in the contract space . Utilizing AI’s machine learning capabilities, contract solutions are now able to analyze, create and approve contracts with the push of a button.
Yet, for some legal professionals, the speed at which AI contract technology market has exploded has made it complicated to understand just what is defining this innovation’s growth and usage, as well as how it’s changing law firms and legal departments. But while nascent, this market’s trends and effects have slowly, but surely, come into view, to the point where legal professionals can anticipate and watch for its next, likely evolutions.
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