Enterprise legal management software

JOSNA777

How to effectively manage and promote project implementation With the support of large model technology, more and more industries are facing the possibility of reshaping, and the market is paying special attention to the actual implementation of large model technology. So, when big models collide with electronic contracts, what changes and possibilities will emerge Let’s take a look at the analysis and outlook of this article. How to improve the capabilities of products and services in the industry through large language models (LLM) is the core focus of the market on the application of AI technology. In the legal industry, the data format is mainly text,

and most of them are facts and real cases based on legal Austria WhatsApp Number provisions. They are very suitable for large language model training and are naturally an excellent scenario for AI applications. This article will discuss the application of domestic and foreign legal technology companies in electronic contracts, the changes, difficulties and future prospects brought about by the support of LLM technology. Please take a seat, get ready for departure~ Panoramic view of legal technology companies The artificial intelligence software market for the legal industry is expected to grow from US$ million in to US$ billion in , with a CAGR of % during the forecast period



(Data source Mordor Intelligence). Image source Mordor Intelligence Image source Catalyst Investors Legal technology field classified by service type Products can be divided into three major categories corporate legal management software, legal execution management software, and lawyer work efficiency software. Image source LegalTech and Services – Houlihan Lokey  Helps the legal department optimize workflow, including contract life cycle management, intellectual property management, legal knowledge retrieval and research.