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 97

Legal tech Legal tech Dispute resolution e-discovery 97

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

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 74

Legal tech Legal tech Machine learning e-filing 74

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

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

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 Legal tech 52

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