
Image : LawGeex
– What is the context? We are seeing disruption across multiple industries by increasingly sophisticated uses of Artificial Intelligence. The field of law is no exception!
– What is the study about? 20 top US corporate lawyers with decades of experience in corporate law and contract review competed against an artificial intelligence program (LawGeex AI). Their task was to spot issues in five Non-Disclosure Agreements (NDAs)
– What are study results? LawGeex AI achieved an average 94% accuracy rate, higher than the lawyers who achieved an average rate of 85%. It took the lawyers an average of 92 minutes to complete the NDA issue spotting, compared to 26 seconds for the LawGeex AI
– So what? In the near future, AI has the potential to deal efficiently with high-volume and low-risk contracts, which will help clients get better pricing and allow lawyers to focus on more complex projects.
– Want to learn more? The original study by LawGeex
Published by Dr. Wael Mohamed Aaminou
Witnessing the 2008 financial crisis unfold in the United States was a defining moment in my career. This experience led me to transition towards ethical finance, which prioritizes the real economy, social welfare, and environmental sustainability.
This journey has since taken me across Africa, the Middle East, and Southeast Asia, where I have contributed to shaping financial ecosystems across various sectors, including energy, agriculture, healthcare, and water. These diverse experiences have taught me that development challenges are complex and require a holistic approach, especially when resources are constrained. I have also learned that prioritizing key issues, particularly climate change, is essential. Climate change impacts nearly every sustainability perspective, making it a focal point of my work.
In my current work, I leverage my expertise to confront climate challenges and drive the growth of green and inclusive economies, particularly within emerging markets.
View all posts by Dr. Wael Mohamed Aaminou
One thought on “Espresso: Artificial intelligence beats US lawyers!”