S&R Associates has announced its adoption of Lucio, an advanced AI-powered legal assistant.
By integrating Lucio into its operations, S&R Associates aims to streamline its document analysis, enhance team collaboration and improve decision-making processes.
Partner Sumit Bansal said in a press release,
“Lucio’s features, from document review to workflow optimization, along with its emphasis on security and confidentiality, provide us with a significant edge. It is not just about technology; it is about harnessing technology to make a meaningful difference in delivering value to clients and retaining their trust in us.”
Indian law firms are increasingly leveraging the power of AI to enhance their capabilities. Trilegal had adopted Lucio last year.
A Thomson Reuters report highlights AI's growing role in the legal sector, with 51% seeing it as a tool to reduce administrative tasks and 70% expecting it to aid in document drafting.
If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.