are AI lawyers any good?

Author

Mastering AI Team
August 23, 2024

Welcome back to Mastering AI for a special Friday edition…

Whilst AI is being used everywhere, lawyers have been wary of using it too much, as two lawyers got burned in 2023 when trying to use it in a case.

Thankfully, someone figured out what AI is good at when it comes to legal matters—and Product Hunt agrees! (Check out the tool Tome below.)

Want to learn how to use these tools to start or grow your business check out our in-depth book on how to make 6 figures with AI → 

Highlights

  • ✒️ A prompt to create valuable information for your audience

  • 🛠️ Lead generation machine

  • 🛠️ Save money on legal advice

  • 🛠️ Manage finances at the touch of a button

  • 🛠️ Automate repetitive tasks

  • 📰 The TLDR of AI News

Prompt Mastery

Successful business doesn't rely solely on offering the best products or prices. Rather, business is built on relationships - people are more willing to spend money with those whom they know, like and trust.

In fact, a trusted vendor may gain a strong market presence by selling products that - from a technical perspective - are less "superior" than those of competitors.

This truth is especially crucial - and all the more difficult to overcome - in the digital marketplace, in which people will only ever see you and your offerings through a computer screen.

One of the ways to entice your audience to know, like and trust you is to provide them with as much value as possible. If you are seen to be helping them solve their problems and meet their expectations, then they are more likely to regard you as their first port of call when it comes to spending real money.

The following prompt is one you can use to identify and present valuable resources in your niche for your audience. Simply enter your specific information where indicated before copying and pasting the completed prompt into your preferred AI model. 

Your role is to act as an expert market research assistant. I want to curate the most relevant and valuable information for my audience in [specify your industry or area of interest]. Help me identify lesser known yet valuable resources—articles, books, videos, products—that they should consider engaging with. First, list potential sources of high-quality information that I can review. After selecting the most relevant ones, assist me in writing [content, e.g. a series of social media posts or an email newsletter] where I explain why I recommend these resources and how they can benefit my followers. The goal is to save my audience time and effort in finding this information themselves, while establishing myself as a trusted authority who adds value to their lives. Additionally, provide tips on how to present the recommendations in an engaging and concise manner to maximize impact and appreciation.

New Tools

Rather than just letting you know the latest tools, we give you ideas on how they can be used in your existing or future business.

Half the battle to mastering AI is knowing what is possible. This week, the tools allow you to:

  • Generate highly qualified leads

  • Handle all of your legal matters

  • Streamline your finances

  • Automate recurring tasks

AI-assisted list generation

  • Scans 70m+ accounts for buying intent for your product or service

  • Delivers automatic, personalized messages to prospects

  • Continuous monitoring for opportunities in your target market

  • Multiple use cases include finding sales prospects, potential employees and partners

  • Suitable for businesses aiming to save time and money on lead research

Your own AI law firm

  • Create and review a variety of contracts and legal documents instantly

  • Extensive database of common contract terms, precedents, and market standards

  • Effortless management of your signed documents, tracking changes in terms over time

  • Option to combine AI technology with the expertise of experienced attorneys

  • Ideal for businesses seeking to reduce legal and compliance costs

  • #1 Product Hunt of Day

Streamline your startup's finances in minutes

  • Automated AI invoice management ensures timely customer payments

  • Discover hidden savings potential in your budget

  • Analyze and forecast cash flow

  • Produce concise summaries and financial reports for investors and tax compliance

  • Optimized for the financial needs of small and medium-sized businesses

Automate repetitive tasks with one click

  • Convert manual spreadsheet and software tasks into automated end-to-end workflows

  • Modify and customize workflows as your business grows

  • Pre-designed template library to create your own workflows

  • Delivers advantages of scaled operations to small businesses

The TLDR of AI News

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