CARET Legal

NOVEMBER 12, 2024

According to the 2025 In-House Legal Budgeting Report from Axiom and Wakefield Research, 96% of general councils said they expect “AI will meaningfully reduce costs within their legal department.” In 2025, these technologies will revolutionize legal research, document review, and case predictions.

Legal Technology Solution 101

Legal Technology Solution Technology Document Review Legal 101

Cenza

MAY 19, 2021

Contract lifecycle management (CLM) has become a hot topic in the legal space; a must-have solution for CXOs looking to get a handle on their legal agreements. Given the shift in legal automation, the adoption and implementation of contract management solutions are gaining significant ground.

Contract 80

Contract Metadata Legal Legal 80

Cenza

MAY 19, 2021

Contract lifecycle management (CLM) has become a hot topic in the legal space; a must-have solution for CXOs looking to get a handle on their legal agreements. Given the shift in legal automation, the adoption and implementation of contract management solutions are gaining significant ground.

Contract 52

Contract Metadata Legal Legal 52

Cenza

MARCH 30, 2022

Since its inception in the mid-twentieth century, LPO has grown considerably, and it is now a dominant business, with law firms in the Global South exporting legal services to typically white-shoe law offices in affluent countries at a much-reduced cost. billion of the worldwide Legal Process Outsourcing (LPO) requirement by 2025.

Document Review 52

Document Review Legal Legal eDiscovery 52

Cenza

FEBRUARY 9, 2023

A fact reiterated by Gartner’s prediction – “By 2025, 30% of new legal technology automation solutions will combine software with staffing for a “human-in-the-loop” offerings. The state of Human in the loop in Legal Human-in-the-loop machine learning does not hinder total automation.

Legal 97

Legal Legal Legal Technology Solution Technology 97

Attorney at Work

JANUARY 20, 2022

the percentage of in-house legal budgets spent on technology is expected to increase threefold by 2025 from 2020 levels as legal departments “increase spending on technology to reduce the dependency on outside counsel, address COVID-19, and satisfy a long-overdue need to modernize, digitize and automate legal work.”.

Legal 141

Legal Legal Law Firm Law Firms 141

LawSites

JULY 23, 2021

At the same time, it significantly reduced the commission it charged clients to 8%, making legal services more affordable for them. “We Since then, UpCounsel seeks to maintain a balance between the number of attorney subscriptions it allows and the demand coming into the site for legal services. Becoming Profitable.

Attorney 59

Attorney Law Firm Law Firms Legal 59