AI in jurisprudence

Main article: Artificial Intelligence

Directions of AI application in jurisprudence and document management

For 2024, Spydell Finance identified the following areas of application of AI in animation, accounting and document management.

Analysis of legal documents

Analysis of large volumes of legal documents (court decisions, laws, acts and commercial and state contracts). AI can help lawyers find the necessary information faster and identify patterns that can be used to make more informed decisions.

Document automation

Automate the process of creating and processing legal documents such as contracts, lawsuits, applications, protocols, and digital signatures. AI can generate these documents based on set parameters and standards, which reduces time and the likelihood of human error.

Improving the quality of documents in accordance with current national and international legislation

AI can track all innovations in law in real time, adapting the documentation to the law in time.

Legal Risk Prediction

Forecasting potential legal risks for companies and individuals by analyzing legislative changes, court decisions and other legal trends.

Personalization of Legal Services and Virtual Assistant

AI can act as a highly professional lawyer for free, quickly and unmistakably. AI can help create personalized legal advice and advice, taking into account the specific circumstances and needs of the client.

Chronicle

2023: PwC lawyers begin using OpenAI neural network to speed up work

On March 15, 2023, PricewaterhouseCoopers (PwC), an international network of companies offering consulting and audit services, announced the introduction of artificial intelligence to improve the performance of its employees. Read more here.