#LegalTech – Machine Learning Saves JPMorgan Chase 360,000 Hours of Legal Work

Here’s a sobering fact for lawyers: Last year, a machine learning program used by JPMorgan Chase saved the company 360,000 hours of work, work that would normally be performed by lawyers and loan officers.

That’s more than 41 years worth of nonstop legal work — all handled in a few seconds, by some well-designed software.

See more 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

WordPress.com.

Up ↑