AI-based Legal Predictions
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The use of artificial intelligence (AI) to analyze historical case data and predict the likely outcome of legal disputes, including the probability of winning or losing a case, the potential damages awarded, and the duration of litigation.
The law firm used AI-based legal predictions to assess the risks and potential outcomes of pursuing litigation for their client.
While no specific cases have been publicly reported, several companies are developing AI-based legal prediction tools that claim to be able to predict case outcomes with a high degree of accuracy. These tools could potentially revolutionize the way lawyers and clients make decisions about litigation, settlement, and other legal strategies.