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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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Divorce Paperwork Preparation in Sacramento: A Comprehensive Guide

LDA PRO

The divorce process can be both emotionally and legally challenging. If you are going through a divorce in California, navigating through the legal paperwork is crucial but often complicated. Many individuals are turning to professional services to simplify this daunting task.

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

Cenza

The practice of outsourcing certain aspects of legal work by law firms, in-house counsels, and individual attorneys existed for decades. It took years to shape into a formal industry and to be christened Alternative Legal Service Providers. The growth simply signifies the unassailable role of ALSPs in the legal industry.

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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.

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Alternative Legal Service Providers – An ally to embrace

Cenza

The legal industry, as with any other industry, faces tough competition. Therefore, legal service providers have been contending to streamline their processes and systems with the aid of technology. ALSPs commenced as an endeavor to supplement the efforts of legal professionals by taking complete charge of non-core tasks.

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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.

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How has AI emerged as the go-to legal technology?

Cenza

The evolution of legal tech was seeded when LexisNexis introduced the red “UBIQ” terminal in 1976 to help lawyers simplify the task of searching case law. This invention set the stage for a technology revolution in the legal space. Early-aughts witnessed a new era in legal technology when pioneering solutions emerged in the market.