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.” As we step into 2025, we’ll continue to experience technological evolution at an unprecedented pace that will reshape how law firms operate.

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Legal Technology Solution Technology Document Review Legal 122

Above The Law

FEBRUARY 18, 2025

In our forthcoming Spring 2025 publication, Fighting the Hypothetical: Why Law Firms Should Rethink the Billable Hour in the Generative AI Era, [1] we hypothesize that Generative AI (GenAI) technology will change forever how legal services are delivered and will force law firms to re-engineer their legacy economic model.

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Law Firm Law Firms Document Review Laws 108

Paralegal Bootcamp

MARCH 16, 2025

I’m holding a FREE 5-Day Paralegal Challenge that kicks off on March 24, 2025. I’ll never forget walking into his office with a draft motion and asking him a question about it. The paralegals who will lead their teams and command higher salaries in the next few years will be those who master these tools now.

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Paralegals Paralegal eDiscovery Document Review 130

Cenza

MARCH 30, 2022

The process of a company, usually a legal firm or an in-house legal department of a company, seeking the support of a third party for legal allied services is known as legal process outsourcing (LPO). billion of the worldwide Legal Process Outsourcing (LPO) requirement by 2025. Why Does LPO Matter? The market size says it all.

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Document Review Legal Legal eDiscovery 52

Above The Law

JANUARY 28, 2025

They slogged through document review, churned out first drafts, and otherwise served at the beck and call of their senior colleagues while drowning under the crushing weight of student loans. Alternative legal services providers (ALSPs), on the other hand, could join forces with AI and decimate the junior ranks.

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Document Review Lawyer Lawyers Drafting 92

LawSites

DECEMBER 4, 2023

VoiceScript Ai.Law Elevator Pitch: Provides AI-generated litigation documents, from pleadings to discovery. We are the first AI-driven platform to focus specifically on drafting litigation documents. The substantial amount of time lawyers spend drafting documents during litigation. What problem do you solve?

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Document Review Court Reporting Metadata Court Reporter 135