Data-Driven Decision Making
Improved Decision Making
Data-driven insights help legal teams make informed decisions and reduce risks.
Enhanced Efficiency
Automating routine tasks and streamlining workflows, help legal teams save time and resources.
Predictive Insights
By analyzing historical data, legal teams can anticipate future trends and potential issues.
Data Visualization Dashboards
Enterprise-level Executive Reports
Contract Review
The contract drafting report tracks the daily status of contracts and provides a transparent view of all current active and previously completed contracts.
Compliance
The compliance dashboard effectively tracks the time taken by associates to review emails.
CLM / CLM Implementation
The CLM dashboard tracks the daily volume of contract lifecycle activities performed by associates, providing insights into the status of contracts in each phase of the CLM process.
Litigation Support
The litigation support dashboard provides an overview of client litigation projects, including metrics such as the number of cases assigned by date hierarchy, state-wise case ratios, most common types of repair issues, and recommendation ratios.
OCR
The OCR dashboard tracks the number of documents processed by Optical Character Recognition (OCR).
Predictive Analytics / Forecasting
Legal Projects - Volume Forecasting
Our Legal Projects – Volumes Forecast enables users to monitor project volumes and revenue trends, assisting business leaders in effective resource allocation.
Solution
Through time series forecasting techniques, our models leverage historical data to identify trends and make reliable future projections.
Approach
Our structured method includes historical data analysis, applying quantitative models such as ARIMA and Exponential Smoothing, and refining forecasting parameters like forecast length and seasonality. This end-to-end forecasting solution ensures accuracy, while continuous monitoring allows for real-time updates.
iPAT Tool
iPAT helps Original Equipment Manufacturers (OEMs) manage and predict warranty and lemon law litigation outcomes, reduce legal costs, and optimize settlement valuations.
Solution
Leveraging over five years of historical litigation data, iPAT uses AI-powered predictive models to provide insights into settlement values, case trends, and risk indicators.
Approach
Our team analyzes patterns within litigation and billing data to create forecasting models that assist in identifying problematic cases and predicting litigation expenses, ultimately achieving faster and more cost-effective resolutions.
Settlement Valuation Prediction
Predictive models analyse factors like case type, location, and past outcomes to support accurate settlement valuation, helping legal teams to make informed, data-backed decisions. By mapping relationships within historical data, these models project expected costs and potential case outcomes, empowering legal departments to strategize effectively.
Tech Integrations
At Legalease, we’re dedicated to enhancing the legal experience through robust technology solutions, enabling us to deliver faster, more precise, and highly efficient services.
Our commitment to technology means we don’t just use the latest tools; we excel at integrating them into our operations to create seamless, streamlined workflows that benefit our clients.
We’ve built a comprehensive technology ecosystem, empowering us to manage complex legal processes with speed, accuracy, and intelligence.
Here are some of the essential tools that support our expertise and enhance the service quality we offer
Our dedication to technology allows us to offer a smarter, faster, and more streamlined experience for our clients.
At Legalease, we’re constantly expanding our tech expertise to deliver innovative solutions that meet the evolving demands of the legal landscape.