May Habib’s Post

Three weeks ago marked a pivotal moment in document analysis as we unveiled Instabase's #ConversationalAI for Cross-Document Reasoning — an innovation reshaping how we interact with diverse documents. Effortlessly ask freeform questions, tapping into #AppliedAI for swift, precise insights across various document formats. Explore more: https://lnkd.in/gKSdsPHk #CrossDocumentReasoning #DocumentAnalysis

Writer launches Palmyra-Vision, an enterprise-focused multimodal AI model with advanced visual capabilities, high accuracy benchmarks, and seamless integration to reimagine business workflows. 💡 Palmyra-Vision excels at various tasks, like extracting handwritten text, classifying objects, analyzing graphs and charts, and answering specific questions based on visual inputs. 🚀 Here's some powerful use cases from our enterprise customers: - checking ads for legal and brand compliance - creating retail/CPG PDPs from images - reading medical charts and graphs - extracting info from handwritten reports in insurance claims (injury, property, etc) Learn more below!

We were thrilled with the turnout for our standing-room-only session “A Day in the Life of an AI-Powered Legal Group.” Clearly, generative AI is here to transform the way law firms operate – from marketing and business development, through contract lifecycle management to eDiscovery. One theme that ran through the session was the importance for law firms to start experimenting with generative AI tools to address various business challenges and become familiar with the technology rather than taking a ‘wait and see’ position. Time-consuming manual processes in your business flow are a great use case to leverage the power of generative AI and complete in minutes or seconds what once took days or weeks. That’s power. A great example of this is ika, ikaun’s generative AI tool that reduces RFP response times by 90%, leaving marketing and BD professionals to focus on providing even more client value. A special shout out to co-panelists: Dazza Greenwood, Evan Shenkman, Jennifer Cody, and Kristin Zmrhal, and the session manager Jack Recinto. Let’s keep the conversation going at booth #1000!

CLMs have been around for a long time but fall short in delivering meaningful transformation for legal teams. They take forever to implement, cost a lot of money, and deliver little ROI. Surely there’s a better way? In this white paper, we dive into the limitations of legacy CLMs and uncover what legal teams need from technology in order to drive value and accelerate impact. Download the paper here: https://lnkd.in/e3_wWCUM #legaltech #legal #CLM #AI

I have been underwhelmed in the past by contract authoring/redlining tools. Correcting/explaining contracting principles and practices during a demo does not inspire confidence (HINT: don't require users to adapt their practices to your weird solution - design a tool that aligns with how contracts attorneys actually work). That said, the GenAI explosion has resulted in some improvements. Here’s an overview of what some recognized names are doing in terms of AI applications in the legal world.

Should legal teams embrace generative AI as a partner, not an opponent? 💭 When used effectively, it's here to supplement your role, not replace it 💭 It takes leadership and individuals to invest in training and development of these tools to see the best results long-term 💭 Change isn't always easy, but often worth it Read about how Robin AI's modular approach is more effective than CLMs for both legal teams and overall business success. #legalinnovation #generativeai

🚀 Apogee Chrome Extension: Elevate Your Document Game! 🚀 Legal, finance, and operations pros, are you tired of tedious document work? Say hello to Apogee, your solution for supercharging document workflows. 🔗 Download here: https://buff.ly/46JDUIK Apogee isn't just another tool – it's your key to unlocking discovery, deep learning, and automation to understand your documents profoundly. No more struggling with crafting agreements, contracts, or proposals. Let Apogee do the heavy lifting for you! 💡 Key Features: ✅ Discovery and Deep Learning: Apogee comprehends your documents, extracting vital insights effortlessly. ✅ Automation: Say goodbye to manual tasks. Apogee automates processes, saving you time and reducing errors. ✅ Streamlined Creation: Craft polished agreements, contracts, and proposals seamlessly with Apogee's intuitive interface. Ready to say hello to a new era of document workflows? Embrace Apogee today and experience the future of streamlined productivity. #ApogeeRevolution #EfficiencyUnleashed #DocumentMastery #ProductivityBoost #AI #DocumentManagement #ChromeExtension #ApogeeSuite #ApogeeDocuments #StreamlinedWorkflows #ProductivityBoost #Legaltech #legalindustry #legalworld

Should LLM's be held to a standard of 100% accuracy in customer support? Or rather, should average human accuracy be the benchmark for LLM performance? In this clip, Liz Tsai with HiOperator shares how they a/b test all of their automated work streams, human vs. AI generated. They see very similar levels of accuracy between humans and AI when set up properly. But they consistently see a 5-10% increase in CSAT for work that is augmented with generative AI when compared to work performed only by humans. My personal view is that 100% accuracy for LLM’s is a good long-term goal. But, in the meantime, don’t deprive your company and customers of LLM-powered customer support while you wait for 100% accuracy to be achieved. If an LLM is as good as your human agents, then it is ready to deploy with proper safeguards in place.  After all, humans "hallucinate" too. And nobody waits until human agents are 100% accurate on all topics before they leave training and nesting, and go into live production. If you are interested in learning more, here's a link to the full panel discussion: https://lnkd.in/gHZYFy5m

💯 Product feature news Introducing our defined terms checker! More information in the video below - it’s an awesome addition to our AI contract copilot that surfaces issues with defined terms to legal professionals so they can save time and remove a lot of the manual work fixing issues. If you’ve tried it, let me know what you think! Happy to give you a walkthrough of our Add-In for Word if you’d like to learn more. #lawyers #contracts #word #AI #genAI