Artificial intelligence and automation are creeping into the workplace of every industry, bringing the added benefits of efficiency and security. As more organizations implement AI solutions across their departments, businesses still relying on outdated, manual processes will fall behind.
Legal departments ranked AI solutions last for their technology needs, according to a survey by HBR Law Department — a surprising finding considering the plethora of administrative tasks legal teams handle, like document editing, work tracking and routing. A recent report by SpringCM found legal is the primary department involved in contracts for 59% of businesses. If other departments use AI to address inefficiencies that take time away from other projects, why are legal teams ignoring the potential of artificial intelligence to transform the contracting process?