The Impact of Artificial Intelligence on Legal Practice

The work of legal professionals is often inundated with a mountain of paperwork. From contracts to pleadings, reviewing legal documents is a fundamental aspect of legal practice. This is where AI document automation comes in, facilitating the resolution of paperwork challenges by simplifying processes and improving efficiency. Understanding AI in Law AI, or artificial intelligence, […]

AI’s Impact on Processing Service-Level Agreements (SLAs)

SLAs are contracts between clients and providers outlining expected service quality, with varying types based on services and stakeholders (Service-Based, Customer-Based, Multi-Level, Internal, Vendor-Based, Operational Level Agreement). All SLAs share performance metrics, responsibilities, and consequences for non-compliance. Therefore, it’s crucial to emphasise the significance of data quality and compliance, especially considering recent Gartner research, organisations, […]

AI elevates the automation of ISDA Master Agreements Processing to a proficiency level

ISDA (International Swaps and Derivatives Association) Master Agreement is a legally binding agreement between two parties that outlines the terms and conditions for a derivatives transaction and as such is widely used in the financial services industry. These agreements are complex documents and require careful negotiation to ensure compliance with applicable laws and regulations. As […]

Enhancing Non-Disclosure Agreement (NDA) Processing with AI Automation

Legal technology is in the process of adopting AI and automation, yielding significant benefits leading to time-saving and cost reduction. With AI algorithms capable of analyzing vast amounts of data within seconds, tasks that would consume days or weeks of lawyers’ time can be accomplished instantly. Automation can perform repetitive tasks like document review and […]