The AI in Business Podcast
AI for Enterprise Legal Departments - Contract Analysis and More
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AI has numerous use cases in legal, from document search to compliance and contract abstraction. This week, we speak with Lars Mahler, Chief Science Officer for LegalSifter, about what's possible with AI for legal departments today and how AI applications for legal teams, such as natural language processing-based contract analysis, work. In addition, Mahler discusses how lawyers at companies and data scientists work together to train machine learning algorithms.
He provides some insight into how a company has to make its way into the legal space and the challenges of training an NLP system and collecting data for it.
Read more about AI in legal at Emerj.com