LEGAL-TECH LEAP AI-POWERED INNOVATIONS IN LEGAL RESEARCH AND CONTRACT MANAGEMENT THROUGH CLOUD COMPUTING
Gioia Arnone · 2023
This study investigates the ground-breaking developments occurring in LegalTech, focusing on the far-reaching effects of AI-powered innovations in legal research and contract administration, supported by Cloud Computing. The field of law has entered a new era of efficiency, accessibility, and accuracy, due to the intellectual acumen of AI and the adaptability of Cloud Computing. This paper investigates the disruptive potential of Cloud Computing in contract lifecycle management and the complexities of AI-driven legal research, including Natural Language Processing and machine learning analytics. It also examines the advantages and disadvantages of utilizing these technologies, with a focus on ethical concerns and necessary safety precautions. This study illuminates the dynamic environment of LegalTech through examples and critical analysis, demonstrating how new technologies are transforming the legal profession. This paper contends for the ethical and sustainable incorporation of AI and Cloud Computing to actualize their full potential in legal research and contract administration at a time when the legal industry is poised for technological transformation.