article thumbnail

Using Artificial Intelligence to Improve Law Firm Performance

LawTechnologyToday

In fact, Statista reports that global revenues from enterprise applications making use of AI are expected to increase by almost $30B by 2025. With such monumental growth, it’s no wonder the legal industry is getting in on the action. As luck would have it, the legal field is fertile ground for the benefits of AI technology.

Law Firm 103
article thumbnail

Why Legal Process Outsourcing is the right choice for you?

Cenza

During the COVID-19 pandemic, corporate legal departments and law firms around the world struggled to meet the new normal’s demands. Organizational restructuring and changing legislation have resulted in increased legal spending. billion of the worldwide Legal Process Outsourcing (LPO) requirement by 2025.

article thumbnail

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

LawSites

We expect to grow as the legal industry becomes more comfortable with AI. AltFee Elevator Pitch: AltFee revolutionizes law firm pricing by offering a foundation for alternative fee structures. Another example is our Directory of Alternative Fee Providing Law Firms. We have small and midsize law firm customers.