Empower legal experts and contract managers
What if you could spend less time researching case information, and more on resolving legal problems? IBM Watson® Discovery uses natural language processing (NLP) to help your attorneys and controls specialists automate searches of large volumes of documents and public data. They generate meaningful insights. You get relevant answers faster, grow revenue and improve client services.
What's your potential ROI?
Watson Discovery with NLP technologies can help improve productivity and lower costs of previous tools.
How it's used
Litigation drafts and responses
Save hours on document review
Drafting litigation can require hours of research and e-discovery, taking attorneys and paralegals full days to review large, complex legal documents. With AI, law firms can automate the manual search of huge volumes of case files and documents to find relevant cases and corresponding key points.
Extract relevant information
Clerks, paralegals and attorneys can use AI solutions to streamline research and document review by extracting relevant information from sources to augment decision-making. With automated reference recommendations, they can spend more time digesting key points applicable to a given case.
Contract lifecycle management
Maintain contracts more efficiently
With AI technology, employees can more proactively prevent contract delays, mitigate risks and refine negotiation points, instead of conducting contract analysis, drafting arguments or looking for renewal opportunities.
Streamline the customer experience
With AI technology, legal professionals can spend more time solving customer problems and less time looking for information to inform their next actions. Administrative specialists can access more effective answers to common questions in near-real time for faster problem resolution and improved customer satisfaction.
Automating contract management
Using IBM Watson technologies, ContractPodAi helps counsel easily and cost-effectively manage contracts through their lifecycle. ContractPodAi clients have reported reductions in contract renewal time greater than 50%.
Saving time and resources
By creating an AI solution to analyze complaints and create early-phase response drafts, LegalMation saw potential to help legal organizations save time, reduce costs and shift limited resources to focus on higher-value tasks like litigation strategy. Moving workload to the LegalMation application is estimated to reduce costs for users by approximately 80%.
Streamlining client communications
Using IBM Watson AI tools, QNC lawyers can now match client questions against the Prime Legal database of 180,000 previously answered questions, and typically respond to client inquiries in less than an hour.