Question: To reduce the workforce required for legal data analysis, a legal firm is considering the use of AI algorithms to analyse its customer's legal documents.

To reduce the workforce required for legal data analysis, a legal firm is considering the use of AI algorithms to analyse its customer's legal documents. In this way, the staff of the firm may focus on higher value-adding tasks. However, the CEO of the firm also wants to know the challenges arising from the use of AI algorithms. Assume you are a legal informatics expert.

(I) Illustrate how AI can be helpful for legal data analysis;

(II) Illustrate the technology and legal challenges of applying AI for legal data analysis

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