A Look at Client-Side AI-Powered Legal Spend Analytics Tools
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Brad Blickstein, Arun Mistry and Brad Rogers
More and more clients are now relying on very sophisticated, often AI-powered analytics tools—from both startups and legacy providers—to better understand and benchmark their legal spend. Most of these tools provide real-time monitoring and better information for setting budgets, alternative fees and negotiating with outside counsel. Clients who use these tools are often ahead of their firms in understanding what legal work can—and should—cost.