47% of Legal Teams Are Using AI—Is Your Entity Management Ready?

Artificial intelligence (AI) is rapidly transforming entity management by automating compliance tasks and closing regulatory gaps. Legal teams in global organizations are increasingly adopting AI-driven governance and compliance tools to enhance efficiency, while those who delay risk falling behind.

In this article, we explore AI adoption in regulatory compliance, the key benefits for legal teams, and how AI is reshaping entity management practices.

AI in Entity Management—Where Are Companies Investing?

Today, 47% of legal teams are already investing in AI to automate compliance tasks, with another 39% prioritizing AI for process automation.

In entity management, artificial intelligence tools allow multiple applications, including:

• Automated Data Entry: AI-powered tools streamline document uploads, validation, and filing within a virtual minute book in just a few clicks.
• Data Formatting Consistency: AI processes multiple document formats (e.g., PDFs, images, and notes), ensuring data consistency before integrating them into reports.
• Document Drafting: AI assists in drafting reports and filings, reducing human error and freeing legal teams from routine manual work.
• Automated Document Tagging: AI enables legal teams to process and organize vast amounts of documentation in minutes rather than hours or days.
• AI-Powered Legal Research: AI accelerates legal research by analyzing multiple sources, summarizing key findings, and reducing research time.
• Entity Creation Automation: AI-driven workflows simplify the formation of new legal entities, significantly cutting administrative burdens.

The Key Benefits of AI in Legal Operations

Similar to other industries, AI in legal operations saves a significant amount of time, costs and resources by cutting on routine legal tasks. AI in entity management improves the quality of data, helps to avoid compliance gaps and provides for greater scalability.

1. Saving Time on Routine Tasks

Time savings are among the most prominent benefits of AI. Applied to entity management, AI automates:

• Document creation
• Data formatting and filings
• Document tagging and summarization
• Entity formation

This drastically reduces time spent on manual processes.

2. Cutting Costs and Optimizing Resources

By saving time and offering additional capabilities, legal AI automation frees significant resources for the legal teams.

Assisted by the new technology, legal teams can reduce reliance on external counsel and achieve significant legal cost reduction.

3. Enhancing Compliance Monitoring and Reducing Risks

Artificial intelligence tools enable real-time monitoring for legislative changes, generating alerts on updates and creating summaries of regulatory amendments.

By delegating regulatory monitoring to technology, legal teams can avoid compliance gaps and effectively reduce risks and penalties.

4. Improving Data Accuracy and Governance

AI surpasses manual workflows in data processing and accuracy, helping legal teams:

• Standardize reporting formats
• Reduce human errors and omissions
• Ensure data integrity in compliance filings

By eliminating inconsistencies, AI improves compliance reporting quality.

5. Scaling Entity Management Across Jurisdictions 

When businesses expand their operations, establish new legal entities or enter new jurisdictions, regulatory AI tools help address new challenges more effectively and with less pressure and costs on the whole organization. 

Empowered by new technology, legal teams can monitor new regulatory requirements, create entities within minutes and effectively manage compliance filings across jurisdictions with more confidence and lower risk.

How Athennian Leverages AI to Streamline Compliance

Athennian’s entity management software helps legal teams reduce manual work, improve corporate record accuracy, and ensure compliance consistency.

Athennian enhances legal teams’ capabilities with AI-powered tools, including:

• AI Centralize: Automates document review, extracts key information, validates data, and reduces filing time by 90%.
• AI Initialize: Automates legal entity creation, cutting formation time from an average of 45 minutes to under 10 minutes per entity.

Athennian continues to expand its AI-driven features, offering greater efficiency, accuracy, and compliance automation with every release.

Why AI Adoption in Entity Management Can’t Wait

AI is transforming entity management, making compliance more efficient, accurate, and scalable. Legal teams that embrace AI now can reduce manual workloads, enhance governance, and mitigate compliance risks—while those who wait risk falling behind.

Is your legal team ready to harness AI for smarter entity management? Start exploring how AI can optimize compliance workflows today.