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Legal tech and innovation: 3 ways AI supports the evolution of legal ops

Simple Legal

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. And the more data points you have, the harder (and more time-consuming) it is to identify patterns and outliers. Want to see SimpleReview in action? The result?

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Why is Legal Tech Growing?

Lawmatics

Legal tech tools, such as AI and machine learning, help analyze large amounts of information and support legal professionals in decision-making. Time and billing software: Lawyers use time-tracking and billing software to monitor billable hours, generate invoices, and manage financial transactions.

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4 questions to ask before choosing an enterprise legal management system

Simple Legal

Plus, you don’t have to waste precious time creating training materials in-house. At the very least, look for a tool that’s easy to implement and comes with a responsive and straightforward customer service representative so your team can learn the basics quickly and get answers to questions as they ramp up. Growth is slow but steady.

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The Future of Legal Technology

Lawmatics

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.

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Voting Is Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2024 in February

Above the Law - Technology

As you will see from the ballot, you may vote for your top-five favorites or five times for top favorite, or any other mix of five votes. The substantial amount of time lawyers spend drafting documents during litigation. Note: You will be able to cast your ballot just once, and on each ballot, you will be limited to five votes.

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