Versuchen GOLD - Frei
AI eases research for law firms, but casts a shadow over billing
Mint Mumbai
|August 09, 2025
For years, law firms have billed their services by the hour. Artificial intelligence is reshaping this model as the technology has shrunk the time taken for routine legal tasks. And that is starting to change how much clients pay.
AI has reduced the time for research and documentation by 20-30%, and even more in big cases, according to law firms. Even clients have started demanding clarity on the use of AI-powered tools.
"Consider an arbitrator or a lawyer with 10,000 pages in a case, needing a chronology of events. Previously, this might have consumed a month. With Jurisphere (an AI tool), it takes under ten minutes," said Varun Khandelwal, founder of the Greater Noida-based platform offering AI services to law firms.
"With generative AI, the fundamental impact extends to 40-60% of daily legal workflows, and this figure will rise as AI capabilities deepen," Khandelwal said. "We have seen adoption skyrocket, both among the largest law firms in India and at the Supreme Court level." Jurisphere's clients include MZM Legal, Burgeon Law, Wadia Ghandy and IndusLaw.
Such tools use generative AI, which can create text or images based on patterns and data fed to it during training.
AI is primarily used in law firms for legal research, document review, organizing and summarizing large volumes of documents, tabulation, compliance reviews, and drafting standard contracts or letters. It automates manual and timeconsuming tasks. However, complex legal analysis, negotiations, and final legal judgments still require extensive human oversight and expertise.
Diese Geschichte stammt aus der August 09, 2025-Ausgabe von Mint Mumbai.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Mumbai
Mint Mumbai
Why AI is evolving with so few self-restraints in place
In December 2024, a number of scientists from around the world signed a four-page paper in Science that urged their own community to ensure that an entire class of organisms is never created.
4 mins
May 06, 2026
Mint Mumbai
Iraq slashes oil prices for buyers willing to transit Hormuz
Iraq is offering its term buyers huge discounts for crude loaded this month, but tankers will have to transit the Strait of Hormuz to collect the barrels deep inside the Persian Gulf just as hostilities flare in the region.
1 mins
May 06, 2026
Mint Mumbai
AI’s hottest private firms have booming crypto shadow market
The race to sell retail investors a piece of the AI boom has gone mainstream—closed-end funds, interval funds, special-purpose vehicles.
2 mins
May 06, 2026
Mint Mumbai
Cognizant cuts payouts as AI dealmaking gathers pace
The shift mirrors TCS and HCLTech, which returned less cash to shareholders last year
3 mins
May 06, 2026
Mint Mumbai
Attacks on U.S. warships in strait test Trump's desire to end Iran War
Speaking Monday from the White House, Trump referred to the latest round of attacks as a ‘mini war’
4 mins
May 06, 2026
Mint Mumbai
PACKAGING IS D2C MANTRA AS SALES MOVE TO SCREENS
With shoppers looking at thumbnails on apps, D2C companies are going all out to dress their brands up
8 mins
May 06, 2026
Mint Mumbai
Spirit firms tap occasion-led drinking to fuel volumes
Alcoholic beverage companies are rolling out new products across spirit categories as drinkers increasingly switch between spirits depending on the occasion—a shift the industry calls occasion led consumption.
2 mins
May 06, 2026
Mint Mumbai
Why EVs are perfect hedge against fuel price shocks
Geopolitics and stricter norms are driving up the cost of petrol and diesel vehicle ownership
3 mins
May 06, 2026
Mint Mumbai
India bets on ready projects to avoid delay in highways
The government is considering awarding national highway contracts only after obtaining all critical clearances, a move aimed at curbing project delays and cost escalation, according to two officials aware of the development.
1 mins
May 06, 2026
Mint Mumbai
House-help services hit as firms face worker shortage
Urban Company's Insta Help, Snabbit, Pronto struggle to scale up as workers head home
3 mins
May 06, 2026
Listen
Translate
Change font size
