Diligence eDiscovery Law Firms Legal Services 
Cenza
JANUARY 27, 2023
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. billion market today. billion market today. and reach $25.7
LawSites
JUNE 8, 2021
There is no denying that some law firms view alternative legal services providers such as Factor as competitors, particularly for corporate legal work. Now, building on these experiences, Factor is launching a productized, tech-enabled Legal Transaction Optimization service specifically for law firms.
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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.
MyCase
APRIL 29, 2024
In fact, according to the MyCase 2024 Legal Industry Report , 81% of respondents who leverage generative artificial intelligence (GAI) tools use it to increase productivity and efficiency. Concerns about job displacement, ethical considerations, and the need for human judgment persist in the legal community. Can AI Replace Lawyers?
Cenza
MARCH 30, 2022
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. To stay competitive and profitable, more law firms are turning to legal outsourcing.
InHouseOps
JULY 25, 2022
Recently, the phrase “modern law” has been floating around in the legal industry. From corporate counsel to law firms to contract attorneys, this term of art can carry several meanings. Then came email, text, and electronic research tools such as Westlaw and LexisNexis. Alternative Legal Service Providers (ALSPs).
Cenza
OCTOBER 6, 2021
Today, several legal tech companies offer a range of AI tools to support legal professionals in getting more done, faster. Be it contract lifecycle management, due diligence, contract review, legal research, analytics, intellectual property, or e-discovery, AI has found its application in every facet of the legal landscape.
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