How to reduce the cost of legal software

In its latest guide, Osprey Approach helps SME law firms increase value and achieve a financial return from their software investments.

|Osprey Approach|

Now more than ever, SME law firms face the challenge of operating in a more cost-conscious way – but at the same time, they are under pressure to increase salaries to retain talent and invest in legal technologies to better service clients. This is why the expected value and return on investment needed from legal software solutions is higher than ever.

This guide – how to reduce the cost of legal software – considers the current challenges faced by firms, the common reasons why technology projects don’t succeed and solutions to reducing the cost of legal technology. You’ll discover how to add value and achieve a financial return from your software investment, which will help to retain talent and run a more profitable operation long-term.

AI Lab: Digital dictation for a global law firm

AL Lab — global law firm | Kerv |
Kerv designed a digital dictation platform built directly in Microsoft Teams and harnessing Whisper AI, an advanced speech-recognition model that detects and formats punctuation, understands legal-specific terminology, and adapts to different speaking styles

UK law firms’ focus shifting to value, efficiency and productivity

| Thomson Reuters |
Clients are under increasing budgetary pressures, which is driving a demand for cost certainty, further feeding the desire for value-based services