Automating compliance management using AI is an important element of legal digital transformation. For example, services like Norm Ai automate corporate compliance checks based on AI and research in the legal field. The system constantly learns the latest laws and regulations and automatically detects potential compliance issues. In addition, a monitoring AI agent analyzes questions from users and performs risk assessments. This overcomes the limitations of manual work and enables efficient and highly accurate compliance management. Collaboration between AI and humans allows companies to quickly and accurately grasp compliance risks and take appropriate measures. The introduction of such automation tools has the effect of significantly improving the operational efficiency oman whatsapp number data of legal departments and strengthening the risk management capabilities of the entire company.
3-3. Costs and Benefits of Introducing LegalTech to SMEs
When introducing legal tech for small and medium-sized enterprises, it is important to balance the cost and effectiveness. For example, the AI contract review service "Legal Check" has the industry's lowest price of 20,000 yen per month, which achieves significant cost reduction compared to traditional lawyer-based requests. This service provides comprehensive support from contract creation to review, translation, and management, contributing to the efficiency of the entire legal work. The benefits of introducing it include shortening the contract review time, reducing human errors, and reducing legal risks. In addition, it has been selected as a target tool for the Ministry of Economy, Trade and Industry's "IT Introduction Subsidy 2020", so there is also the benefit that part of the introduction cost can be covered by subsidies. By selecting the appropriate tool according to the size and volume of work of the company and introducing it in stages, small and medium-sized enterprises can enjoy the benefits of legal DX while keeping costs down.
Automating compliance management using AI
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