Rise of the robot

How the use of technology is changing due diligence processes in portfolio sales In brief… Technology is evolving at a rapid rate within the legal sector, and is increasingly affecting the way in which deals are conducted. Law firms have found particular applications for augmented intelligence technologies in portfolio transactions, where machine learning software can assist with large-scale document review and similar due-diligence processes. This article considers how machine learning software is changing these processes, and discusses the potential value that it can add. Artificial intelligence (AI) and the ground-breaking Internet of Things (IoT) continue to hit headlines. Back in 2014, Stephen Hawking stated that success in the creation of `true’ AI could spell the end of the human race. However, while AI is popularly portrayed as the dawn of…

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