Colin S. Levy

MAY 21, 2024

billion by 2025, driven by increased investment and regulatory reforms promoting digital innovation in legal services. Countries like the United Kingdom and Germany are leading the charge, with a growing number of legal tech startups focusing on areas such as legal research, contract automation, and e-discovery.

Legal tech 119

Legal tech Legal tech Dispute resolution e-discovery 119

Percipient

MARCH 17, 2025

This guide breaks down the best contract analysis software for 2025, covering tools that go beyond basic automation to offer smarter, faster, and more reliable contract management. Top Contract Analysis Tools For 2025 With so many contract analysis tools out there, finding the right one can be tricky.

Software 52

Software Time-tracking Contract management Compliance 52

Simple Legal

APRIL 19, 2023

Gartner predicted that spending on legal software would triple from 2021 to 2025, and venture capital investments in these tools reached a new high of over $1 billion in 2022. Through machine learning, the AI develops an understanding of what’s normal in your data sets and what isn’t.

Legal tech 72

Legal tech Legal tech Machine learning e-filing 72

Debevoise Data Blog

OCTOBER 20, 2024

The Guidance also reminds covered entities of their obligation (as of November 2025) to maintain data inventories and encourages triaging inventories of information systems that rely on AI.

Intellectual Property 52

Intellectual Property Due diligence Machine learning Defendant 52

Debevoise Data Blog

FEBRUARY 13, 2025

Other key defined terms in the Draft Regulations include: Technology , which means software or programs, including those derived from machine learning, statistics, other data-processing techniques, or artificial intelligence. The formal public comment has been further extended to February 19, 2025.

Compliance 52

Compliance Machine learning Federal law International law 52

lawtomated

MARCH 30, 2022

This increase of 49.89% since 2017 demonstrates a rapid global growth in smartphone owners, and the World Advertising Research Centre believes that 72% of all internet users will solely use smartphones to access the internet by 2025.

Machine learning 52

Machine learning Legal advice e-discovery Law firm 52

Lawmatics

DECEMBER 27, 2023

With emerging new technologies like artificial intelligence (AI) and machine learning, many people have started considering what legal software might mean for the legal profession’s future. 5 Generative AI Generative AI is a tool that is still in its infancy, and consequently, the more we learn, the more there is to understand.

Legal technology 52

Legal technology Legal technology Dispute resolution Machine learning 52

Simple Legal

FEBRUARY 15, 2023

By 2025, a whopping 100% of all contract life cycle management (CLM) tools will rely on AI to help with scanning content in contracts. This new feature uses machine learning and natural language processing to easily identify common billing errors. How important is AI, anyway? Quick answer: important. But let’s get into why.

Time-tracking 55

Time-tracking Legal tech Legal tech Machine learning 55

Lawmatics

FEBRUARY 6, 2024

Legal tech tools, such as AI and machine learning, help analyze large amounts of information and support legal professionals in decision-making. The industry is experiencing momentous growth and innovation, and experts forecast that in-house legal departments will earmark 12 percent of their budgets for legal tech by 2025.

Legal tech 40

Legal tech Legal tech Billing software Document automation 40

Debevoise Data Blog

OCTOBER 31, 2023

On 26 October 2023, the Bank of England, Prudential Regulation Authority (“PRA”) and Financial Conduct Authority (“FCA”, collectively the “UK Financial Authorities”) published FS2/23 on Artificial Intelligence and Machine Learning (the “Response Paper”). The cover art used in this blog post was generated by DALL-E.

Compliance 52

Compliance Due diligence Machine learning Data protection 52

Above the Law - Technology

DECEMBER 4, 2023

Next, we plan to expand the product’s scope to cover more aspects of the litigation process, to improve the machine learning summarization model, and to develop visualizations of evidence based on the data present in the chronology. We anticipate achieving >$5M in SaaS revenue in 2025$ and over $12M in SaaS revenue in 2026.

Litigator 325

Litigator Litigation Mediator Law firm 325

Debevoise Data Blog

NOVEMBER 18, 2024

For some firms, compliance with the Circular will require a significant increase in their cybersecurity compliance budgets and the securing of additional resources for 2025 and beyond. Some companies may want to address this now as 2025 budgets are being finalized.

Intellectual Property 52

Intellectual Property Due diligence Compliance Machine learning 52

Debevoise Data Blog

FEBRUARY 21, 2025

On February 20, 2025, the SEC announced the creation of the Cyber and Emerging Technologies Unit (CETU) to focus on combatting cyber-related misconduct and to protect retail investors from bad actors in the emerging technologies space. Use of social media, the dark web, or false websites to perpetrate fraud.

Machine learning 59

Machine learning Compliance Attorney 59