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

Updates to CBP’s Global Business Identifier Test

Customs & International Trade Law

The agency extended the test from February 12, 2024, through February 23, 2027, clarified the purpose and scope of the test, and expanded the test to include more entry types and countries of origin. First, the test period has been extended from February 14, 2024 through February 23, 2027.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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. Contracts : With an exhaustive Contract Lifecycle Management (CLM) to be dealt with diligently, from creation, negotiation to approval, outsourcing is the way to go.

article thumbnail

Customs and trade News Weekly Snapshot

Customs & International Trade Law

BIS released a new rule strengthening restrictions on advanced computing semiconductors to enhance foundry due diligence and prevent diversion to China. BIS announced a final rule prohibiting certain transactions involving the sale or import of connected vehicles with a sufficient nexus to China or Russia. Comments are due May 16, 2025.