Walmart Using AI to Transform Legal Landscape, Cut Costs

Artificial intelligence tools can draft contracts, write answers to legal complaints, or answer simple questions. They may not replace a lawyer’s to-do list, but they could save time.

Walmart and Nationwide Insurance are among the companies experimenting with how artificial intelligence tools can streamline their in-house legal departments and their work with outside counsel, and save money in the process. The use of more advanced data tools also is a growing cost-saving trend. That ultimately could drive law firms to change their thinking.

Walmart, for example, is looking for law firms that align with their legal and business goals, Tariq ...