article thumbnail

Time’s Up: Will Law Firms Say Goodbye To Billable Hour In The (Gen)AI Era?

Above The Law

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 Firms 110
article thumbnail

Divorce Paperwork Preparation in Sacramento: A Comprehensive Guide

LDA PRO

Many individuals are turning to professional services to simplify this daunting task. Divorce Paperwork Preparation in Sacramento is an essential service that assists individuals in correctly preparing and filing necessary documents. Using a divorce paralegal service also allows for quicker processing.

Divorce 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Process of Buying or Selling a Business: A First-Time Buyer’s Guide to Due Diligence

Strictly Business

Due diligence is the buyer’s process of discovering and evaluating information about a seller’s business to confirm that acquiring the seller’s equity or assets is a sound investment. However, the process of conducting due diligence differs between transactions for a variety of reasons.

article thumbnail

Managed Document Review: The Key to Accurate and Cost-Effective Legal Analysis

Cenza

In today’s fast-paced legal industry, efficient and accurate document review is crucial for successful case outcomes. However, with the vast amounts of data and documentation involved in many legal cases, traditional manual document review processes can be time-consuming, error-prone, and costly.

article thumbnail

Alternative Legal Service Provider and Cenza – A quick recap of the journey

Cenza

It took years to shape into a formal industry and to be christened Alternative Legal Service Providers. This fact was further reiterated by Thomson Reuters’ Alternative Legal Service Providers 2021 Report, which unveiled that nearly 79% of law firms and over 71% of corporate law departments are leveraging the services of ALSPs.

article thumbnail

Top Technology Trends for Transactional Lawyers

LawTechnologyToday

Creating a robust document repository also allows for the reuse of client documents and attorney work product. Another important tool in the litigator’s toolbox is Technology Assisted Review (TAR). This is a broad term referring to the application of technology in a traditional litigation document review.

Metadata 100
article thumbnail

Alternative Legal Service Providers – An ally to embrace

Cenza

Therefore, legal service providers have been contending to streamline their processes and systems with the aid of technology. An effort to maximize the value delivered by technology and enable business growth has resulted in the genesis of Alternative Legal Service Providers (ALSPs). Tracing the ALSPs’ growth path.