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 122

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.

Law Firm 108

Law Firm Law Firms Document Review Laws 108

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.”.

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Legal Legal Law Firm Law Firms 353

Paralegal Bootcamp

DECEMBER 20, 2024

So youre really good at drafting discovery, doing legal research, 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.

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Paralegal Paralegals eDiscovery Lawyer 130

Rocket Matter

FEBRUARY 25, 2025

The legal industry is not exempt from this, most notably with how clients expect to be served. Today, better and expedited access to legal services is simply a baseline to meet, not a privilege. What Is Legal Digital Transformation ?

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Law Firm Law Firms Laws Legal Technology Solution 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

Parasec

JULY 6, 2023

Nationwide: UCC Form Changes The International Association of Commercial Administrators (IACA), which drafts the Uniform Commercial Code (UCC) forms, has implemented changes to the UCC filing forms with a revised date of July 1, 2023. For more information, visit the “Don’t Be Misled” page here. Parasec News Happy Retirement, Michele Calkins!

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Legal Legal Government Calendaring 52