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Gartner Predicts the Global Legal Tech Market Will Reach $50 Billion by 2027 as a Result of GenAI

Legal Tech Blog

The global legal technology market has grown significantly in recent years and generative AI (GenAI) will accelerate this growth, meaning the market will reach $50 billion in value by 2027, according to Gartner, Inc.

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‘Legal Tech Market Will Be Worth $50bn by 2027…Because of GenAI’ – Gartner

Artificial Lawyer

Here is a statistic (wild guess…?) that will be in every legal tech company’s pitch deck to VCs from now on… ! Technology market analysts Gartner.

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Award-Winning Legal Tech Startups Are Reshaping the Future of Justice

Legal Tech Monitor

Established in 2020 and set to run until 2027, this unique program allows new legal service models to be tested and evaluated. An interim report from IAALS is expected in late 2023, with a comprehensive evaluation expected by the end of the pilot period in 2027. Notably, ZAF is the first-ever venture-backed law firm.

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The Ins and Outs of a Data Processing Agreement (DPA)

Legal Tech Monitor

The data analytics market is projected to surpass $105 billion by 2027 as businesses continue to understand its potential to improve efficiency and productivity. Your company is likely involved in [.] The post The Ins and Outs of a Data Processing Agreement (DPA) appeared first on Exigent.

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What Is the True ROI of Your Legal Tech Investment?

Legal Tech Monitor

Statistical studies suggest legal tech will grow at a CAGR of four percent through 2027 and reach a market cap of $35 billion. Conversations about legal tech investment and adoption [.] The post What Is the True ROI of Your Legal Tech Investment? appeared first on Exigent group.

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Are you surprised to learn that the DOD has had more than 12,000 cyber attacks since 2015

Vogel IT Law

Sherman in testimony before the Senate Armed Forces Committee’s Cybersecurity Subcommittee: We’ve committed to implementing zero trust across the DOD by 2027, which is an ambitious yet critical milestone, given the geopolitical threats we face, The article also had these comments: A top Pentagon technology official on Wednesday emphasized the U.S.

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Electric School Bus Roadmap and Guidebook is Now Available–NYSED

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All new school buses purchased after 2027 must be Zero Emission vehicles, and all school buses in New York State must be Zero Emission vehicles by 2035. NYSERDA has now released a New York State Electric School Bus Roadmap and several sections of The Electric School Bus Guidebook.

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