Inhouse Blog: Legal spending growing at ludicrous speed
Legal spending continues to grow at ludicrous speed, and the pressure to rein it in is increasing especially as economic conditions continue to cool. Legal was leading the charge in AI way before ChatGPT hit the scene with technology to mine more minutes to bill from emails amongst other dastardly inventions. When 39% of clients are still ‘always’ or ‘often’ surprised by the size of law firm invoices and 81% indicate some legal matters are initiated “without their knowledge”, it may be time for a time-out and a reassessment.
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