Integrating AI into Legal Practice

Garry Taylor, In-House Counsel, Croesus Management Group, Australia

AI-powered software can quickly review and analyse large volumes of documents, contracts, and legal texts. This significantly reduces the time and effort required for tasks such as due diligence, contract review, and discovery in litigation. AI-powered document review and analysis involve the use of machine learning algorithms and natural language processing (NLP) techniques to review, analyse, and extract information from large volumes of documents. Here’s how the process typically works: