Generative AI Report on Legal Industry 2024

Unlock the potential of AI in the legal sector. This comprehensive report explores how generative AI is revolutionizing legal practices, enhancing efficiency, and addressing key challenges faced by legal teams. Discover insights from our latest survey and learn how to leverage AI for your legal department's success.
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Front page of 2024 GC Report

Navigating Legal Sector Challenges with AI

The legal industry faces numerous challenges in adopting AI technology. Our report reveals that 95% of General Counsels have yet to fully explore the potential of large language models (LLMs) in their daily operations. From identifying buried contract information to streamlining routine reviews, learn how AI can address these pain points and transform your legal team's productivity.
Robin AI chat section
Playbook UI section from Robin AI App

Generative AI Solutions for Legal Teams

Harness the power of AI to revolutionize your legal processes. Our report details how generative AI can enhance contract data management, enabling natural language querying of contract repositories, categorizing extracted clauses, and providing comprehensive contract intelligence. Discover how AI can help you exercise better control over your data, negotiate better commercial positions, and optimize your team's efficiency.

Once the add-in is installed, you’ll notice that there are 3 main tabs in Robin AI Review, these are

Chat
Playbooks
Actions

Chat

Get your contract questions answered in seconds.
Use natural language to ask Robin AI for contract review.
Handles contracts up to approximately 150 pages.
Click chat box to type questions or find clauses.
Copy-paste chat info for sharing.
Seek help with drafting, rewording, risk highlighting, and more.
Tools reference specific contract parts in answers.

Playbooks

AI-suggested edits that minimise redline.
Robin AI suggests appropriate playbooks based on contract type.
Free version offers a generic playbook for routine contracts.
Paid users access custom playbooks aligned with company practices.
Workflow simplifies editing, guiding to relevant clauses for adjustments.
Accept or revert AI suggestions with a click.
Dismiss suggestions if no changes needed.
Playbook minimizes redlines, edits with lawyer-like precision.

Actions

Simple tools to enhance accuracy in contract review and analysis.
Simplify contract review with Robin AI.
Check defined terms efficiently.
Easily add party details to contracts.
Generate summary reports for contract analysis.

Perceived benefits
of Legal AI

Of GCs yet to fully explore AI applications
0%
Faster contract review with AI assistance
0%
Million daily visits to ChatGPT
0
Of legal team time spent on routine contract review
31-40%

Transforming Third-Party Paper Contract Review

AI is reshaping how legal teams approach contract reviews. Our report outlines a step-by-step process of how generative AI can accelerate third-party paper reviews, from initial upload to final signature. Learn how AI can suggest edits aligned with custom playbooks, compare versions, check defined terms, and dramatically reduce negotiation times. Discover how this technology can free up your team to focus on strategic, high-value tasks.
Robin AI chat section

Once the add-in is installed, you’ll notice that there are 3 main tabs in Robin AI Review, these are

Chat
Playbooks
Actions

Chat

Get your contract questions answered in seconds.
Use natural language to ask Robin AI for contract review.
Handles contracts up to approximately 150 pages.
Click chat box to type questions or find clauses.
Copy-paste chat info for sharing.
Seek help with drafting, rewording, risk highlighting, and more.
Tools reference specific contract parts in answers.

Playbooks

AI-suggested edits that minimise redline.
Robin AI suggests appropriate playbooks based on contract type.
Free version offers a generic playbook for routine contracts.
Paid users access custom playbooks aligned with company practices.
Workflow simplifies editing, guiding to relevant clauses for adjustments.
Accept or revert AI suggestions with a click.
Dismiss suggestions if no changes needed.
Playbook minimizes redlines, edits with lawyer-like precision.

Actions

Simple tools to enhance accuracy in contract review and analysis.
Simplify contract review with Robin AI.
Check defined terms efficiently.
Easily add party details to contracts.
Generate summary reports for contract analysis.
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Empower Your Legal Team with AI

Ready to harness the power of AI for your legal department? Our report provides a roadmap for assessing and implementing generative AI in your team. From identifying resource constraints to running pilot projects, we guide you through the process of integrating AI into your legal workflows. Discover how Robin AI's solutions, powered by Anthropic's advanced LLMs, can help you navigate this technological revolution with confidence.

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