Cenza
JANUARY 27, 2023
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.
Cenza
JULY 1, 2021
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. Next, the lawyer identifies the contracts for the AI.
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Cenza
AUGUST 25, 2021
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.
LawTechnologyToday
MARCH 23, 2023
Lawyers should stay abreast of legal technology trends because the legal industry is rapidly evolving, and technology is transforming how legal services are provided. By embracing technology, law firms can position themselves for success in the modern legal industry. Why do Law Firms Need to Invest in Technology?
Cenza
NOVEMBER 18, 2021
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. Early works on AI in legal services can be traced back to 1956 when professor Layman E. Onboarding the right legal AI. About Cenza.
Cenza
JANUARY 27, 2021
Current application of AI in legal services. Research reveals that due to outsourcing or automation at larger law firms, lawyers now only spend 4 percent of their time on document review. 2. Contract Drafting and Review. 3. Legal Research. Legal AI still needs Lawyer-in-the-loop.
The Estrin Report
MAY 12, 2023
For instance, AI can be utilized in legal services to streamline research and document analysis, allowing lawyers to focus on more strategic and creative aspects of their work (Slate, 2023). The same can be said for AI-enhanced digital contracting tools such as Ironclad.
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