So, the decision to embrace AI in the world of work is generally a positive one. “When implemented correctly, AI can help businesses streamline operations, reduce costs, and improve customer experience. Alastair Brown, Chief Technology Officer at BrightHR, weighs in on the subject: And now it seems the legal sector could be following suit…īut the issue remains as to whether this sort of tech can be relied on completely.
Many industries are already benefitting from using AI to replace their menial tasks. This raises the question: can AI replace legal ‘grunt work’? Demonstrations and tests have shown the tool can capably handle contract negotiations-even when pitching AI against each other in contesting contracts-in a matter of minutes. It aims to slash the time needed for legal professionals to pore over tedious and lengthy contract work. Luminance, a UK company specialising in AI for the legal profession, is set to launch a new tool that fully automates contract negotiation. MANCHESTER, England-( BUSINESS WIRE)-As AI continues to evolve at an alarming rate, threatening to change the world of work as we know it, another development has made headlines.