2030 Law 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. Casetext’s acquisition by Thomson Reuters illustrates the present-day limitations of large language models trained primarily on case law.
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Ron Friedmann
JULY 30, 2020
What does this mean for law: Communities of legal experience. Embedded law. More and more systems – manufacturers and financial services to name two – will embed law into core systems. We did not anticipate the coming of the web or machine learning. Law firms spend 5 to 10% of revenue on tech.
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. Casetext’s acquisition by Thomson Reuters illustrates the present-day limitations of large language models trained primarily on case law.
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