Artificial intelligence (AI) is an impressive and evolving
technology, which is being used increasingly across many facets of
the economy — and the legal market is no exception. AI, and
the various tools it enables, has the potential to increase speed
and efficiency of most legal workstreams, especially in the realm
of M&A. From analysis and due diligence to document drafting,
AI has allowed business and legal professionals to focus more on
the larger, higher-value issues. AI technology, however, is not a
magic wand, and professionals should remain wary of the risks
associated with it.
Early-stage research, analysis and preparation
AI can assist M&A professionals in identifying potential
acquisition targets and pursuing those leads by reviewing vast
amounts of information to identify ideal target companies based on
specific criteria. Once targets are identified, M&A
professionals can use AI to more accurately estimate transaction
costs, create outreach tailored
