General Counsel and Legal Operations face increasing workloads with fewer resources. The inability to process vast amounts of data at scale leaves companies prone to risk and decision-making based on incomplete information. According to this survey of in-house attorneys conducted by Thomson Reuters, only 29% of respondents indicated their legal departments are effectively using data extracted from contracts to develop business strategies or minimize contract risk.
In this presentation, Asif Alam, ThoughtTrace Chief Strategy Officer, will discuss how legal teams can transform their operations with AI-powered Document Understanding. Document Understanding uses artificial intelligence to automatically organize documents and extract key information within them. With Document Understanding, General Counsel can use their contract data to supercharge their business strategy while letting the AI do the menial, repetitive tasks related to document management and contract analytics.
You will learn:
- How to evolve contract management for decision intelligence and efficiency
- How to cut through the hype of AI to ensure implementation success and immediate ROI
- How ThoughtTrace works on day one to improve compliance in a live demo
Asif Alam, Chief Strategy Officer, ThoughtTrace
Matt Brodahl, Senior Subject Matter Expert, ThoughtTrace