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Correct. This has little to no effect on transaction or corporate practice. Some of these vendors claim to handle M&A due diligence. Having been through one or two mergers/sales myself, I am convinced that no expert system in the near term will be able to replace humans in that area. Unlike discovery, which is focused on a readily-searchable data set like email, the job of piecing together a company's assets and contract obligations is extremely complex business, where the bottleneck is often the mish-mash of paper records and broken contract management tools, and nuanced judgment calls about critical asset dispositions must be made every few hours over the course of months and months. I'm not saying there isn't an obvious, eventual technology solution to these problems – just that it isn't anywhere near as mature as litigation support, discovery, and patent practice.



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