FT.com via Fortune via Yahoo: “Allen & Overy is introducing an artificial intelligence chatbot to help its lawyers draft contracts, as the magic circle legal firm seeks to adopt the much-hyped technology to find efficiencies for its lawyers and clients. The London-based group told the Financial Times it had rolled out a chatbot named Harvey after testing it since November for use in tasks such as drafting merger and acquisition documents or memos to clients. Allen & Overy said it had not yet informed clients of the tool, which is now available to any lawyer at the firm and about 3,500 individuals in total. While other groups have been experimenting with similar technology, it is the first known use within the magic circle — a group of London-based law firms that work on the City’s top deals — of introducing this type of “generative AI” software across the company for use in active cases. The move comes as companies across industries explore using the technology, spurred by the November launch of ChatGPT, an AI chatbot from Microsoft-backed OpenAI that can parse text and write convincing answers to questions…”
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