AI software use growing among in-house legal departments: report

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Source: Legal Dive by Justin Bachman

Legal teams are gradually — but clearly — adopting new tech for specific legal tasks, the survey found. More than a third of departments use compliance and matter-management systems (37% and 36%, respectively) while 34% of the companies said they’re using AI-powered legal solutions.

“We are also almost certain to see a dramatic increase in the percentage of departments that are using standalone AI tools,” Veta T. Richardson, the ACC’s president and chief executive, said in an emailed statement to Legal Dive.

Popular e-signature software remained the top tech deployed across departments, with 71% employing it and 59% using contract management software. Just over half (51%) of in-house counsel reported using legal research services for legal analysis. The median legal department uses six legal technologies, with that number increasing with company size.

Read full article: https://www.legaldive.com/news/ai-software-use-growing-among-house-legal-departments-report/720051/

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