There are doubtless extra synthetic intelligence-powered instruments trying to automate time-consuming duties for regulation companies and authorized departments in the marketplace than ever earlier than. However that doesn’t imply that in-house legal professionals are all properly positioned to make use of them.
Jeffrey Solomon, vice chairman and normal supervisor of LegalView BillAnalyzer, Wolters Kluwer’s AI-powered spend administration software, instructed Legaltech Information that earlier than authorized departments can leverage AI, having clear, organized information and applicable instruments to seize spend is crucial.