AI technology is helping legal professionals sift through briefs, discovery documents, depositions, and contracts they encounter each and every day.Let's Connect
AI technology is helping legal professionals sift through briefs, discovery documents, depositions, and contracts they encounter each and every day. Automation and natural language processing (NLP) applications can help lawyers find the most important information efficiently and effectively so they can make key decisions quickly and accurately. Carefully labelled data is necessary to draw out the intent of legal language.
Indika AI has the necessary domain expertise and experienced team that has worked on several such projects.
AI has the potential to save a lot of time spent by the legal professionals in drafting & reviewing the contracts.
Reading the legal documents end to end could be a headache as they usually run into hundreds of pages. However, AI can help you save a lot of time by reviewing the legal documents for you and extract & summarise the important information for you.
Legal research takes most of the time of the legal analysts. Finding a relevant judicial pronouncement, legal provisions, statutory orders, notifications etc. is usually time consuming. However, AI based assisted legal discovery tools can make the process simpler for you.
Due Diligence is an important function performed by law firms, but due to its comprehensiveness and need for caution human error can always creep in. This is where AI comes in, and makes the process more efficient and accurate. It accelerates the procedure, eliminates manual errors, and allows lawyers to provide a better overall experience for their clients.
Bots can be immensely useful in providing legal help and access to justice to the masses. A lawyer bot is a software that is capable of performing automated tasks that are usually carried out by lawyers. They are useful in increasing the tempo of the work and provide a better client experience by letting clients serve themselves online.
AI based machine learning models can predict the outcomes of pending cases, using as inputs the peculiar fact patters and corpus of relevant precedents. Such AI tools would revamp the legal profession across the world and enable corporates to assess the impact of prolonged litigations.