Generative AI to transform legal tech market with automation
According to Gartner, there has been key growth in technology adoption for spend management, e-billing, contract lifecycle management, legal matter management and legal document management. Incorporating GenAI into these applications will only accelerate purchasing and adoption, said the report.
![Generative AI to transform legal tech market with automation](https://cdn.zeebiz.com/sites/default/files/2024/04/27/290658-cwc2jy6bw5jkjnbn7s46ejuzsm-1.jpg?im=FitAndFill=(1200,900))
According to the report, lawyers also need to understand the limitations and risks of using GenAI as well as its potential. Image source | Reuters