What happens when you put top-tier lawyers up against an artificial intelligence reviewing NDAs? Maybe not what you’d expect!
A recent study by LawGeex pitted its machine-learning AI against 20 human lawyers to see how it would fair going over contract law. Each lawyer and the LawGeex AI were given five nondisclosure agreements to review for risks. The humans were given four hours to study the contracts. The results were pretty remarkable.
The lawyers took an average of 92 minutes to complete the task and achieved a mean accuracy level of 85 percent. LawGeex took only 26 seconds to review all five contracts and was 94-percent accurate. The AI tied with the highest scoring lawyer in the group in terms of accuracy.
Lawyers aren’t out of work yet. But the work we do is going to change dramatically!