Latest industry trends:

• Attorneys are working on 25% more cases and 34% more billable hours yet:
• 68% or 5.5 hours of an 8-hour work day was not billed by an average attorney. ⁱ
• 11% of hours billed and worked was not collected. ⁱⁱ
• 69% of legal practices did not use AI yet:
• 38% of clients and legal professionals alike believe AI will improve efficiency. ⁱⁱⁱ
• 31% of clients believe that AI will make legal services more affordable.^iv
• A 9% drop in productivity was reported by law firms in the first half of 2023.^v
• 80% of professionals reported that AI improved the quality of their work.^vi
• 20% of a work week or nearly 1 work day in productivity was saved per worker by using Gen AI. ($16,455)^vii