Why AI is still struggling to automate legal documents
As more enterprises automate away the tedium faced by in-house departments, a question looms: why haven't in-house legal departments caught up? Internal legal processes for drafting, analyzing, and managing simple legal documents are still manual and tedious. What is stopping legal departments from automating away the pain? As it turns out, a major barrier for adoption lies in the most common means of automation itself: Machine learning. Contract Lifecycle Management (CLM) software streamlines and automates several stages of the contract lifecycle - from the initial drafting stages all the way up to negotiation, signature, and the final expiration of a contract.
Jul-12-2022, 04:56:01 GMT