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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 LegalTech is Transforming Contract Management?

Cenza

As the world is increasingly adopting technology, legal service delivery is changing its service models, delivery programs, and business structures in order to adapt to new demands. Suppose we deep-dive into the post-execution contract management tools. How Lawyers in the loop add value to AI?

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Will AI Replace Lawyers? 4 Expert Opinions

MyCase

For centuries, lawyers have been trusted advisors in navigating the legal system. However, with the rise of artificial intelligence (AI), a question looms: Will AI replace lawyers? AI is changing how legal professionals operate, and there’s good reason to leverage its potential. Can AI Replace Lawyers?

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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.

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Why Do Lawyers Need to Keep Up with Legal Technology?

LawTechnologyToday

In order to meet the problems of escalating workflow and productivity demands on a constrained budget, law firms are eager to invest in legal technology services. According to the Future Ready Lawyer 2021 report , 84% of legal departments have increased their technology budgets in the last year.

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Making a case for Artificial Intelligence (AI) with lawyers in the loop

Cenza

In this article, we unpack how AI, when combined with lawyers in the loop, is altering the foundations of legal practice and delivery while addressing the looming challenges that firms encounter while implementing this technology. Top 3 challenges of implementing AI in legal firms. Current application of AI in legal services.

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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. The legal industry is no exception to this prevailing trend, with law firms worldwide embracing Artificial Intelligence to add efficiency and gain a competitive advantage.