How to successfully leverage AI for Contract Management - 3.3.2022

How to successfully leverage AI for Contract Management?
According to the 2021 Future Ready Lawyer Survey by Wolters Kluwer, 70% of legal departments expect AI to affect their organisation over the next three years. Despite this, only 28% say that they understand it very well. As legal departments increase their technology adoption to improve efficiency, it is natural to ask, "how can AI help?" Utilizing a machine to perform routine is not only attractive but absolutely possible.
That said, AI is not a magic wand, nor does it replace the vital role of lawyers. The law remains complex, and even though intelligence can be taught, subtleties can escape the machine. The key is to adopt AI technology to automate your manual processes to become more productive, not to adopt AI simply for the sake of it.
This webinar will cover:
· Where to get started with AI for contract management
· Why it's important for your legal department's digital strategy
· Real-life use cases (contract indexing, comparison with the compliance playbook, data migration) and capabilities of AI for legal departments
Armed with these new insights, AI will no longer be a myth or an unattainable dream, but a realistic and innovative technology that you can easily implement within your legal department, when you are ready, to drive efficiency and reduce costs.

Speakers : Kevin Suffolk & Gregoire Miot, with an introduction by a SLTA board member