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Alternative Fee Arrangements for Law Firms: 9 Examples

Clio

When it comes to law firm billing, hourly billing is still a mainstay of the legal industry. But the billable hour is no longer the only option for law firms. Alternative fee arrangements (also known as AFAs) can fill gaps, complement your practice’s billing structure, and benefit your clients and firm.

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Current State of Legal Tech in Turkey (025)

CEE Legal Tech

Turkish Legal Ecosystem in a Nutshell Before explaining the Turkish legal tech landscape, it would be better to understand the surrounding ecosystem. Turkish legal system is a civil law system and laws are codified. Case law is used for interpretation. What about Turkish Legal Tech Companies?

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Is There an AI Tool to Create Legal Documents?

Lawmatics

AI helps legal professionals find relevant case law, statutes, and precedents by searching and summarizing vast legal databases. Legal marketing. AI allows law firms to target potential clients with personalized marketing campaigns based on status, matter type, location, and more. Email campaigns.

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Legal AI Tools

Lawmatics

Legal software utilizing artificial intelligence (AI) helps law firms automate routine tasks like billing and document management, allowing lawyers and staff to focus on strategic tasks (or other areas that require their skills and expertise) and less on repetitive administrative tasks. How is AI Being Used in the Legal Field?

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Revolutionizing the Legal Landscape: How Law Bots and AI are Changing the Face of the Legal Profession

MatterSuite

Law bots are AI-powered tools that help automate legal tasks, such as drafting contracts, analyzing case law, and conducting legal research. They use natural language processing (NLP) and machine learning algorithms to understand legal language and extract relevant information from legal documents.

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Counsel vs. Partner: What is the difference between them?

MatterSuite

Introduction Within the legal profession, a dynamic landscape of roles and titles unravels, delineating the hierarchy and responsibilities that shape law firms and organizations. ” While both positions hold significant importance in the legal world, they differ in terms of status, responsibilities, and career prospects.

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GPT-3 in Legal: Disrupting Daily Operations

AXDRAFT

How to use ChatGPT in legal ops 90% of legal professionals believe that legal tech is important for meeting their client’s needs and improving their services. However, sophisticated AI models like ChatGTP are not that popular among law firms and in-house legal departments.