Artificial intelligence (AI) includes high-level, automated programming systems that, when combined with logic-based programming, can easily encode human knowledge and abilities in a compact and usable way. To date, AI-based contracting software represents the most sophisticated technology on the market, yet some businesses are still on the fence about its true potential. Can it ever truly replace legal department staff, for example? The short answer is no: AI based on logic programming will not replace the human element any time soon, but it can solve a number of unique challenges more efficiently.
Logic programming follows a series of rules to make inferences based on all available data. Computer programmers define a series of predicates that build up a base of existing logic. Predicates are the internal building blocks used to process and connect large amounts of data, create formulas, and form sensible conclusions. Logic languages like Prolog, Java, and C run without the need for manual intervention. After analyzing specific rules, facts, and stated goals, programs with this underlying foundation attempt to derive the best possible solution.
For legal teams, logic programming based on AI can:
LexCheck puts your business at the forefront of intelligent contracting, which is rapidly becoming the new standard process for pre-execution agreement review. It’s built using the latest in logic programming and AI, leveraging the former to provide faster and more efficient contract review.
Though there are multiple types of AI, LexCheck’s AI uses conditional logic, which gives reviewers the advanced ability to automate portions of their work. The system’s algorithms work well out of the box, but also refine over time based on contextual cues and reviewer feedback. And the result? Reduced contract approval times by up to 80%.
What is logic programming in AI? LexCheck can show you. It’s an award-winning contract review and negotiation solution that’s used by legal teams around the world. Contact us at sales@lexcheck.com for more information, or schedule a free demo to see the technology in action.