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Legal analytics in law firms

Global LegalTech Hub

Data analytics is becoming more important in many industries, and the legal sector is no exception. Simply put, data analytics is the science of examining data in order to make a conclusion about some information. Legal data analytics applies specifically to the business and practice of law.

Analytics 130
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A Look at Client-Side AI-Powered Legal Spend Analytics Tools

Ron Friedmann

This is a live blog post of a Legal Value Network virtual webinar, A Look at Client-Side AI-Powered Legal Spend Analytics Tools. Brad cites four drivers of disruption: Brad: Technology will not take away lawyers’s jobs; it will bring more transparency to pricing, costs, and how lawyers work. What drives disruption?

Analytics 130
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Two Practice Management Companies Combine, As SurePoint Technologies Acquires Coyote Analytics

LawSites

Marking its second acquisition this year, the cloud practice management company SurePoint Technologies has acquired Coyote Analytics , a company that provides practice management, financial management and business intelligence software for law firms. The future is analytical insight driving embedded prediction.”

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ChatGPT Suggests Promise, New Possibilities for AI and Machine Learning in CLM Platforms

Law Technology Today

While the public is getting acclimated to flashy advancements in artificial intelligence (AI) and machine learning (ML), these technologies are nothing new to the legal industry. Through in-depth machine learning (ML) of essential cases and precedents, ChatGPT-like tools can even tread into territory reserved for in-house counsel.

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Data Literacy: A Critical Skill for Legal Professionals

Colin S. Levy

Data literacy isn’t a buzzword; it’s a fundamental skill set that empowers legal professionals to handle complex challenges like data privacy compliance, AI bias assessment, and contract analytics. Leveraging Litigation Analytics Litigation is data-intensive, and making sense of this data is crucial for managing risks effectively.

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Legal Analytics

Colin S. Levy

One of the more fascinating and disruptive technologies that has come to prominence in recent years is legal analytics. Legal analytics, to put it simply, is deriving actionable conclusions from a set of legal data. Ashley, author of Artificial Intelligence and Legal Analytics: New Tools for Law Practice in the Digital Age. [As

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Law Firms of All Sizes Can Easily Integrate AI Tools Into eDiscovery

Attorney at Work

In fact, most lawyers already use AI daily in both their personal lives — via tools like Google and smartphone Face ID — and in their professional lives for tasks like legal research. In the process, lawyers receive a better foundation for making the critical judgment calls that only humans can make. Why the AI hesitation?

Law firm 141