The State of Contracting in the Age of AI

3 in 4 in-house legal teams want AI for contract review. Surprised? We’re not.

The challenges facing legal departments are clear: tighter budgets, increasing workloads, and a pressing need for efficiency. While AI adoption in the legal profession is still in its early stages, it offers a promising solution to these issues, particularly for contract review. 

The question for many legal professionals isn’t whether to embrace AI — it’s how to do so safely and effectively.

LegalOn and In House Connect recently conducted a survey of over 150 legal professionals, which explored this dynamic. We’re pleased to share insights from the study in our new guide, titled “The State of Contracting in the Age of AI.”

With nearly half of legal teams facing cost-cutting measures and contract review consuming an average of 600 hours annually, is legal ready for AI?

Download this guide to explore: 

• The amount of time in-house legal teams spend in contract review
• The deployment of contract review playbooks
• The status of AI adoption in corporate law departments