With the proliferation of new legal technologies in contract review, in eDiscovery, in legal research, in litigation analytics, and in self-service client-facing expert systems, AI is expanding lawyers’ abilities to better serve clients and to reshape their practices. But, with new opportunities come new challenges, and a significant one is how to price legal services when merging both AI and human work.
As law firms face increasing pressure to do ‘more for less’, interest in technology-augmented hybrid offerings has grown rapidly, and the question of how to price technology-enhanced legal services has come to the forefront. As with any new innovation in the legal industry, a bit of trial and error is to be expected and addressing traditional pricing models to reflect technology use in legal services is no different.
In this webinar, we’ve collaborated with international legal services pricing consultancy, Validatum®, to provide firms with practical guidance on how to adopt a pricing structure that works for today’s modern legal teams. Download it now to learn more about the impact of tools like Kira on traditional approaches to pricing, the foundation of a new pricing methodology, and more.
“It is fantastic to see these leaders in legal tech and pricing come together to help law firms navigate this evolution in legal service delivery.” - Steve Arnold Head of Commercial Finance, CMS
Managing Director, Validatum® and Virtual Pricing Director®
Account Director EMEA, Kira Systems
Head of Innovation & Legal Operations, CMS