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Month: January 2025

Associates

Will Law Firms Need Fewer Junior Associates?

9th January 2025 artificiallawyer Comments Off on Will Law Firms Need Fewer Junior Associates?

New data from Thomson Reuters suggests that law firms now have fewer junior associates than before, as a proportion of the total fee earners. Meanwhile, …

Legal Tech Costs

Legal Tech Costs Are Rising…A Lot

8th January 2025 artificiallawyer Comments Off on Legal Tech Costs Are Rising…A Lot

New data from Thomson Reuters shows that the expenditure on tech products at US law firms is rising considerably each year, with increases of 6% …

Big Four

If KPMG Can Offer US Legal Services Will It Change The Market?

7th January 2025 artificiallawyer Comments Off on If KPMG Can Offer US Legal Services Will It Change The Market?

Big Four firm KPMG is applying for a special ABS licence in Arizona to provide legal services in America. But, if it gets permission will …

Funding

2024 Saw Record Legal Tech Funding, But Far Fewer Deals

7th January 2025 artificiallawyer Comments Off on 2024 Saw Record Legal Tech Funding, But Far Fewer Deals

Data from Legal Complex has found that 2024 was a record year for legal tech funding, which is good news. But, it also saw a …

GenAI + Inhouse

Spellbook Expands Into In-House Teams With Playbooks

7th January 2025 artificiallawyer Comments Off on Spellbook Expands Into In-House Teams With Playbooks

By Scott Stevenson, CEO, Spellbook. Today, Spellbook is officially expanding to support the entire in-house legal market with the launch of Playbooks. Thousands of law …

Legal Tech Merger

First M&A Deal of 2025: Elite Buys Tranch

6th January 2025 artificiallawyer Comments Off on First M&A Deal of 2025: Elite Buys Tranch

In the first legal tech M&A deal of 2025, Elite, the financial management solution that was previously wholly owned by Thomson Reuters, has bought Tranch, a …

AI + Time

Simmons & Simmons: ‘AI To Disrupt Pricing Models’

6th January 2025 artificiallawyer Comments Off on Simmons & Simmons: ‘AI To Disrupt Pricing Models’

In a New Year’s message Julian Taylor, Senior Partner of Simmons & Simmons, has outlined three key themes for the market to now focus on, …

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