UK Law Firm Allen & Overy Launches AI Tool ContractMatrix to Assist in Legal Contract Drafting
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UK law firm Allen & Overy has launched an AI tool called ContractMatrix, which has already been adopted by over 1,000 lawyers. The tool assists lawyers in drafting standard legal contracts in collaboration with Microsoft and AI startup Harvey, aiming to enhance efficiency and reduce costs. It has even been used to generate the world's first 100% AI-generated contract, marking continuous advancements in the legal industry driven by artificial intelligence, and offering clients more efficient and innovative legal services.
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