2030 Law firm Machine learning 
Lawmatics
FEBRUARY 6, 2024
percent from 2023 to 2030. Several factors contribute to the industry's growth: Efficiency and cost savings: Legal tech solutions promise increased efficiency, automation of routine tasks, and significant cost savings for law firms and legal departments. billion and is expected to grow at an annual rate of 9.1
3 Geeks and a Law Blog
JULY 25, 2023
Over the past few months, HyperDraft has received an influx of requests from law firms and legal departments for education and consulting on how to practically apply AI like large language models. And law firms may finally move towards flat rate billing models in order to meet client expectations around efficiency gains from AI.
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Ron Friedmann
JULY 30, 2020
We did not anticipate the coming of the web or machine learning. That has moved from programmed systems to ones that learn from massive data volumes and huge computing power. Law firms spend 5 to 10% of revenue on tech. The catalyst to change this will be the COO of client law departments. Has that changed?
Legal Tech Monitor
JULY 25, 2023
Over the past few months, HyperDraft has received an influx of requests from law firms and legal departments for education and consulting on how to practically apply AI like large language models. And law firms may finally move towards flat rate billing models in order to meet client expectations around efficiency gains from AI.
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