This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Artificial intelligence (AI) is one of the most revolutionary technologies ever to enter the business world. While legal professionals have been slower to embrace this technology, AI for lawyers is a growing field. Legal firms spent approximately $12 billion on AI in 2017, and experts expect that figure to reach $85 billion by 2027.
Other challenges include cybersecurity concerns, difficulties with remote work, process workflow optimization, and the adoption of new technology. 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. Industry Trends for LPO.
Bureau of Industry and Security (BIS) BIS announced a regulatory framework for the responsible diffusion of advanced artificial intelligence technology. BIS released a new rule strengthening restrictions on advanced computing semiconductors to enhance foundry due diligence and prevent diversion to China. Comments are due May 16, 2025.
We organize all of the trending information in your field so you don't have to. Join 99,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
2027 
131 
Let's personalize your content