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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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Voting Is Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2024 in February

LawSites

VoiceScript Ai.Law Elevator Pitch: Provides AI-generated litigation documents, from pleadings to discovery. We are the first AI-driven platform to focus specifically on drafting litigation documents. The substantial amount of time lawyers spend drafting documents during litigation. What makes you unique or innovative?

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A Path to eDiscovery Certification

Paralegal Bootcamp

Michael has been consulting in e-discovery, information governance, project management and legal technology for 25 years, including 10-year stints at Skadden Arps Slate Meagher & Flom LLP and Stroock & Stroock & Lavan LLP. A graduate of the State University of New York, he also attended law school in London.

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What exactly will change with AI & Legal coming together?

Cenza

Firms that have invested in AI software, especially to manage their contracting documents, have certainly experienced an increase in productivity and efficiency in their contracting. It is achievable with the technology’s potential to identify contract types (even in multiple languages) based on pattern recognition.

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The Impact of AI for Lawyers: Benefits and Challenges

MyCase

Plus, we’ll guide you through the best legal AI tools that are transforming law firms into powerhouses of efficiency and innovation. Generally speaking, AI systems work by taking in data, analyzing it, and using it to identify correlations and create predictions. What is Artificial Intelligence?

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ChatGPT and the Future of Corporate Legal Work: Insights and Hallucinations

Fordham Law News

Chat GPT can co-write law review articles in record time [1] and pass law school exams, including multiple choice and essay questions. [2] Dean Andrew Perlman of Suffolk Law School, who co-wrote the law review article with Chat, said “the bot ‘isn’t ready for prime time,’” but does not seem too “far off.” [3]

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Reduce Risk and Cost by Leveraging AI and Cloud Computing

InHouseOps

CCBJ: To start off, Steve, tell us about your background and what sparked your interest in legal technology. Steve Cole: I’m a lawyer by training. And, perhaps even more impactful and cost effective, what tasks can be automated with technology? Ask yourself how quickly you can have teams efficiently using the platform.