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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 legalresearch, document review, and case predictions.
For benchmarks to be valuable, they must test real-world problems that legal professionals face and measure what customers care about. The challenge is one-dimensional metrics do not offer a reliable representation of the real value of GenAI in the legalresearch process.
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. Or you can listen to the audio version in the player right here. Also, I’ve got an invitation for you!
Well also share key insights from the 2025 MyCase Legal Industry Report to show how firms are benefiting from this technology. According to the 2025Legal Industry Report, 28% of firms using automated billing tools reported a significant increase in revenue from faster collections.
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.
So youre really good at drafting discovery, doing legalresearch, managing document productions, etc. Maybe not right away in 2025, but I think well definitely start seeing that competitive disadvantage by 2026 and beyond. You jump in there and tell ChatGPT that you need help drafting a motion to dismiss on X issue.
2 Issue 2, to be published in 2025, engaging critically with the functions, methodologies and techniques of private international law in relation to sustainability from an Asian perspective, as well as in relation to the actual and potential contributions of private international law to the SDGs in Asia. In this occasion the focus is on Asia.
With client expectations at a steady rise, its clear that the legal industry is reaching its tipping point and the only way to regain balance is to implement digital transformation in law firms day-to-day systems. What Is Legal Digital Transformation ?
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. It also improves access to justice for society as lawyers can handle more cases, as well as remove some bias from the legal system through fact-first drafting.
billion of the worldwide Legal Process Outsourcing (LPO) requirement by 2025. This has intensified the challenges encountered by corporate legal departments, which are in need of evaluating and implementing LPO solutions. To stay competitive and profitable, more law firms are turning to legal outsourcing.
They drew a comparison of the use of AI on the one hand with the use of tribunal secretaries and independent legalresearch by arbitrators on the other hand. Based on this comparison, they deduced that as long as AI is merely used for assistance with the awards drafting (even if its use was undisclosed), the award will likely stand.
— Gabriel Malor (@gabrielmalor.bsky.social) 2025-04-22T12:52:19.513Z For the record, the Supreme Court’s order reads: The order properly requires the Government to facilitate Abrego Garcias release from custody in El Salvador and to ensure that his case is handled as it would have been had he not been improperly sent to El Salvador.
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