How Legal AI became more accurate than lawyers

This prophecy came a step closer this week as legal AI proved itself more accurate than lawyers for the first time on a staple legal task –reviewing and approving contracts. The study was overseen by top US law schools and veteran corporate lawyers (including for instance Bruce Mann, a former senior partner at top US law firm, Morrison Foerster -- a Harvey Specter- like deal-maker who has handled more than 300 IPOs and over 200 mergers & acquisitions). In the controlled experiment, 20 top US-trained lawyers took on a legal AI platform, LawGeex. Both the experienced corporate lawyers and the AI pored over five unseen Non-Disclosure Agreements to find a list of common 30 issues (vetted by contract experts from Duke University and the University of Southern California). Each participant (the AI included) was given 4 hours to issues spot clauses in the contracts.