Summary
- Crosby, an AI native law firm, has introduced paralegal agents and a groundbreaking $5 million insurance policy for their work, underwritten by Lloyd’s of London.
- The agents handle client requests autonomously, achieving 94% accuracy in task completion and significantly reducing human review time by 36 hours daily.
- This initiative marks the first instance of a law firm securing liability insurance for AI outputs, reflecting a shift towards greater autonomy in legal tasks.
- As legal innovation accelerates, Crosby's model could set a precedent for the future of law firms and their reliance on AI agents.
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