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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.

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Top Technology Trends for Transactional Lawyers

LawTechnologyToday

This increase in complexity and volume required a different set of professional skills needed for litigation practitioners that combined an intimate knowledge of both the litigation process and how technology can be used to drive efficiencies in the e-discovery process. Document Review Tools.

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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.

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How to Stay Organized During the Discovery Process

CARET Legal

By implementing robust organizational systems, leveraging advanced technology, and following best practices, your firm can transform its approach to discovery The discovery process can be a time-intensive task with the constant influx of electronic data and diverse data sources.

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Top 8 Legal AI Tools: Improve Firm Productivity

MyCase

Legal AI tools are making it easier for lawyers and legal professionals to streamline processes, automate tasks, and increase efficiency and productivity. According to recent reports, law firms are well on their way to adopting and implementing AI technology. Let’s explore what legal AI tools can do for your firm.

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How to Stay Organized During the Discovery Process Copy

CARET Legal

By implementing robust organizational systems, leveraging advanced technology, and following best practices, your firm can transform its approach to discovery The discovery process can be a time-intensive task with the constant influx of electronic data and diverse data sources.

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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.