The Rise of AI in Legal LLM Capabilities Are Evolving
WHAT LEADING VOICES ARE SAYING
“
4
There’s currently a lot of interest in how to tap into machine learning to answer some of the typical questions a general counsel would ask relative to contracts. For example, ‘What have we agreed to? How much money do we spend?,’ and other historical considerations that can inform decision
making. In the future — in the near future, hopefully — we’ll be able to use machine learning to tap into some of those data stores, allowing a better understanding of risk across contracts and forecasting for future spend based on prior outcomes.
Mike Ferrara Managing Director, FTI Consulting
10
24 VOICES FOR 2024 LEGAL TECH TRENDS IN AI & AUTOMATION
Made with FlippingBook interactive PDF creator