Remove 2027 Remove Contract Remove Diligence
article thumbnail

AI Applications for 5 Different Legal Fields

LawTechnologyToday

Legal firms spent approximately $12 billion on AI in 2017, and experts expect that figure to reach $85 billion by 2027. Contract disputes, for instance, require hours of due diligence that AI can automate, saving you hours of monotonous work. As these technologies continue to improve, AI in law will only grow. Corporate Law.

Legal 131
article thumbnail

Why Legal Process Outsourcing is the right choice for you?

Cenza

The global legal process outsourcing (LPO) market, which is predicted to reach US$30 billion by 2027 , has surged as a result of this influence. The study furthermore has unveiled that contract attorneys, in-sourcing, and staffing services account for $900 million in annual expenditures.