Generative AI is a key component of unlocking data to benefit in-house legal departments and their outside firms, a legal tech executive says.
In-house legal departments have committed to AI tools as CLOs strongly believe that the software will fuel efficiencies for their understaffed departments and help to contain outside counsel spending, she said, citing data from the most recent Association of Corporate Counsel’s annual CLO survey.
“I think the answer to the time and money issue comes […]
Harness your data better to drive legal strategy, AI expert says