Law firms grapple with rising costs of using artificial intelligence
Summary
Law firms are facing rising costs for artificial intelligence tools as providers move away from fixed monthly subscriptions. Legora, a popular legal AI platform, recently announced it will replace its fixed subscription model with a usage-based system, where higher usage leads to higher costs. Elgar Weijtmans, former IT lawyer and head of technology at HVG Law, reported receiving calls from firms in distress about affordability. Legal tech expert Douwe Groenevelt from Datacation warned that using the best AI models could cost two to three times more than current levels.
(Source:Nl Times)