Fried, Frank, Harris, Shriver & Jacobson LLP is deploying a proprietary artificial intelligence system designed to streamline its private equity funds practice, reflecting how large law firms are increasingly integrating generative AI into core transactional workflows, according to a report by Bloomberg Law.
The platform, known internally as FundAssist, is built on OpenAI’s latest models and is designed to analyse the firm’s historical deal work, identify client-preferred drafting language,...
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