Is your law firm still competitive?
How is your law firm responding to reducing profitability, declining productivity & increasing competition?
Our Solution
Use Generative AI to augment your capacity and stay competitive.
Generative AI has been found to enhance lawyers productivity and efficiency by 45% and free up time for higher-level tasks by 38%.
Our platform provides:
Click to read more about Futuro our Legal Agent ...- Legal Research: Automate legal Research
- Document Drafting: Use AI to draft legal memo
- Document Review: Perform document review for hundreds of files and summarization in minutes with AI
- e-Discovery: Quickly search across all your unstructured data by meaning and not just keywords
- Answer Engine: Chat with your document by getting answers to questions
The Big Shift:
- Changing pricing models: Clients requiring flexing pricing models and shift away from the billable hour.
- Speed and Quality: Clients are expecting faster turnaround times and improved service quality, facilitated by AI technologies
- In-House Capabilities: Clients are using generative AI to bring more legal work in-house, challenging traditional law firm models
- Non-Traditional Providers: Strong competition from non-traditional legal providers like software vendors.
Challenges from the Big Shift:
- Increase competition & difficulty to stand out
- Clients are more aggressive about tiering work to lower-cost firms to slash costs.
- Declining productivity and declining realization is flattening law firm profitability growth