What Will Be the Impact of AI on the legal profession in the Coming Years?

Virtual Data Rooms for Raising Capital

The beginnings of AI’s impact on the legal profession is already noticeable. Legal professionals are adopting AI software solutions to automate many areas of their work, generating greater accuracy, efficiency, and cost savings. Over the coming years, AI’s impact on the legal profession will likely grow, significantly disrupting the sector as we know it. How […]

How Law Firms are Using AI to Improve and Streamline Legal Services

Digital Transformation

The use of AI in legal sector settings is increasingly becoming the norm. While there is no cause for robots to replace human professionals just yet, innovative AI software applications are being adopted widely to improve legal services, reduce costs and increase efficiency. This post will explore how AI is being used in the legal […]

Finding Information: What Does it Cost, What Does it Take?

Finding Information whitepaper

By Pieter van der Made (Executive Chairman) and Jeroen de Knijf (Senior Data Scientist) at Imprima Introduction Do you feel you are wasting a lot of time looking for information and documentation? Well, you are not alone. According to McKinsey, ’employees spend 1.8 hours every day – 9.3 hours per week, on average – searching […]

Expert panel: How AI is changing legal due diligence

Ai In Dd Preview Blog

Fears that artificial intelligence technology would automate professional jobs and create mass redundancies swept through the legal sector a few years ago – as it did through many professional services industries. While those fears have proved unfounded, AI technology is beginning to change how legal due diligence is conducted. Today, the use of artificial intelligence […]

How AI is Changing Contract Review

Ai Contract Review Blog

Contract management is an arduous task, which becomes increasingly complex (and equally important) as the size of the organisation increases. It has been estimated that inefficient contract management can lead to losses amounting anywhere between 5% to 40% of the deal value, pending circumstances. With the adoption of AI, the procedures involved in contract management […]

Common Misconceptions Around AI and Law- 6 Minute Read

Artificial Intelligence Law

“Can machines think?” was the question posed by Alan Turing in 1950. Turing hypothesised that a machine could be developed that would have the ability to generate human-like responses. Seven decades later, we’re continuing to see this exploration play out in all industries from medicine, defence, automation, energy, finance, and now even law. However, the […]

M&A in 2030: AI’s Role In Dealmaking

Merger And Acquistions

To Download the PDF version of this report, please click here. Artificial intelligence is already transforming M&A and over the next decade it could separate the success stories from the also-rans As artificial intelligence (AI) tools become more widely adopted, M&A professionals must consider how the technology might change their professions and how they might […]

AI For Due Diligence:

Gimmick or Does it Add Value? See Imprima AI in action here Developments in legal AI are being followed closely by all major law firms. For these law firms, the application of AI for the analysis of legal documents holds tremendous potential and could potentially be a threat if not adopted in a timely fashion. […]