Freehills uses AI to shorten the contract period from 28 to 6 days

For decades, if not centuries, large law firms like Herbert Smith Freehills Kramer have sat on silent mountains of data. It’s always been there: “It’s just that we didn’t necessarily call it that,” says Ilona Logvinova, the global company’s first chief artificial intelligence officer.

“There were words on a page, there were agreements, there were statements. But all of these sentences, all of these concepts are data points.

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