- 21st February 2024, 1:00 pm
About this event
The Power of Generative AI to Unlock Property Data
In collaboration, Avail and Search Acumen invite you to join them as they explore the current capabilities, as well as the potential of generative AI in reshaping the landscape of property due diligence.
Mark your calendars for the 21st of February to delve into the profound influence artificial intelligence could have in the handling and analysis of data in the realm of property transactions.
Key aspects to be discussed:
- What is Generative AI
- Enhanced Data Analysis: Find out how it can accelerate property due diligence by analysing and extracting information from search results and legal documents and expedite the decision-making process.
- Solving Complex Problems: The instrumental role of generative AI in complex property transactions, its application has the power to identify risks and act as a chat assistant, modelling answers directly from legal documents.
- Data Augmentation: Property law professionals routinely handle various data sets. Yet, these datasets often exist independently of each other. AI has the potential to seamlessly integrate them in a more product-oriented manner, streamlining processes for enhanced efficiency.
- Personalisation & Customisation: Explore how AI allows for tailored reporting that meets the specific preferences and requirements of each law firm, resulting in firm-specific and project-specific reporting. AI can query data in a manner that aligns with the distinct needs of the law firm and/or project ensuring a customised and targeted approach to information retrieval and presentation.
- Innovation in Product Development: Understand how it accelerates innovation, providing creative solutions to otherwise repetitive, manual due diligence tasks.
- Limitations and Ethical Considerations: Navigating the ethical considerations surrounding the use of artificial intelligence in property law, including data privacy, copyright and legal exposure.