Artificial intelligence (AI) solutions are transforming the way people work in many industries, and the legal industry is no exception. Although adoption of AI has been slow in the legal industry, law firms are now investing heavily in AI. In fact, spending on AI by law firms has doubled in the past two years, from 1-2 percent of the firms’ total technology budgets to 4-5 percent of the budgets.

Attorneys are using AI solutions to work more efficiently. AI can assist lawyers in performing electronic discovery, due diligence, legal research, and predictive analytics. Many of these tasks are extremely labor intensive, and they have historically been performed manually by junior attorneys on a billable hour basis.

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