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Some legal AI solutions are developed and marketed directly to the customers or consumers, whereas other applications are tools for the attorneys at law firms. There are already hundreds of legal AI solutions that operate in multitude of ways varying in sophistication and dependence on scripted algorithms .
Artificial intelligence and law (AI and law) is a subfield of artificial intelligence (AI) mainly concerned with applications of AI to legal informatics problems and original research on those problems. It is also concerned to contribute in the other direction: to export tools and techniques developed in the context of legal problems to AI in ...
Document AI combines text data, which has a time dimension, with other types of data, such as the position of an address in a business letter, which is spatial. Historically in machine learning spatial data was analyzed using a convolutional neural network , and temporal data using a recurrent neural network .
The AI boom has facilitated a funding frenzy in the sector, as global VC deal value in the legal sector hit $2.7 billion in 2024, up by 170% year over year, according to PitchBook.
Legal technology, also known as legal yech, refers to the use of technology and software to provide legal services and support the legal industry. [1] [2] Legal technology encompasses the use of traditional software architecture and web technologies, such as searchable databases of case law and other legal authority., [3] as well as machine learning technologies, such as those used to ...
LEAP Legal Software's flagship product is LEAP, a legal practice productivity solution. The key features of LEAP include legal practice management, document assembly and management, automated matter types and forms, a client and contact database, file sharing, time recording, billing and trust accounting tools, and legal publishing assets. [ 17 ]
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