Groups documents into related clusters, integrates with most common e-discovery platforms
National Trends Research Report
177,0350.0% change from 2017
78,2441.6% change from 2017
50,1121.4% change from 2017
170,0440.8% change from 2017
63,4221.0% change from 2017
42,926-1.2% change from 2017
90,4851.3% change from 2017
53,778-1.7% change from 2017
41,021-0.4% change from 2017
38,80084.8% increase since 2008
The Uniform Bar Examination (UBE) continues to spread across the country. The UBE is now administered in 34 jurisdictions.
California, Florida, and Texas are some of the largest states yet to implement the UBE.
The Uniform Bar Exam (UBE) is to be implemented in 2019 in Maryland.
22.7% of partners
19% of equity partners
25% of managing partners
45% of associates
48.7% of summer associates
26.4% of Fortune 500 General Counsel
23.8% of Fortune 501-1000 General Counsel
Top five technologies respondents felt had moderate to high impact on their practice:
Firms are focused on eliminating process inefficiencies. Efforts include:
New technologies are changing how attorneys meet new clients:
How and where lawyers connect:
The drivers for cloud adoption are:
of surveyed attorneys believe it could reduce costs and increase efficiency
Artificial Intelligence can be effectively used for: contract review/due diligence; predicting a court’s likely decision on a given case with 90% accuracy; and E-discovery. IP Lawyers are using AI to monitor digital platforms, value IP portfolios, and budgeting/analyzing trademark search results. AI can also be used to track billable hours, analyze time spent on tasks. and compile legal analytics.
Although there is high interest (93% of surveyed attorneys believe it could reduce costs/increase efficiency), there is great reluctance to implement AI technology because attorneys are unwilling to switch reliance from “skepticism” & “precedent” to “algorithms”, “data”, and “analytics.” They tend to favor status quo.
Legal AI overall value is estimated at $16 billion, compared with overall U.S. legal services market of $437 billion - and, lawyers want to practice law, not become newest case law by journeying out into unknown legal territory.