Onit, Inc. Enterprise Apps

Experts Evaluate the Potential of Legal Contract Management Software and AI  

Legal contract management software, also referred to as contract lifecycle management, has made significant headway in the world of in-house counsel, racking up impressive stats such as reducing the average sales cycle by 24% and saving 9% on annual average costs. But what happens when you combine legal contract management software with AI?

A panel of legal and AI experts from organizations including Adobe and Onit, presented at Legalweek on just this topic, examining the potential impact of AI on managing contracts and how to start implementing AI into your contract management workflows. The conversation touched on the business value of using AI in legal ops, the efficiencies AI can bring to your business and future trends in AI, among other things.

Here are some of the biggest takeaways for AI and legal contract management software.

If you’d like to learn more about AI and contract lifecycle management, here are two helpful webinar replays:

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