Core Insights - OpenText has launched OpenText Axcelerate with Aviator, an innovative eDiscovery platform that utilizes Large Language Models (LLMs) to enhance legal professionals' productivity and decision-making capabilities [1][3] - The legal industry is increasingly adopting AI solutions for e-discovery, with 54% of corporate legal teams planning to use AI to focus on high-value tasks, and 52% aiming to improve decision-making [2] - Axcelerate with Aviator aims to automate document review processes, providing faster access to critical information and reducing eDiscovery costs [3][4] Company Developments - OpenText is participating in ILTACON 2024, showcasing its advancements in legal technology, including the Axcelerate with Aviator platform [5][6] - The company emphasizes the integration of generative AI in its solutions to support various legal tasks, including eDiscovery, compliance, and contract intelligence [6] Industry Trends - The demand for efficient e-discovery solutions is at an all-time high, driven by the need for legal teams to manage complex regulatory environments and client expectations [2][4] - Generative AI is transforming the legal landscape by enabling faster fact-finding, enhancing efficiency through automation, and providing cost certainty for legal operations [4]
Legal Professionals Gain a Strategic Advantage with AI-Powered OpenText Axcelerate with Aviator