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» LegalTech Artificial Intelligence (AI) Market To Make Huge Strides By
Registering Gains Worth USD 37,858 Million By 2026 - Zion Market Research
20/09/21 16:00 from Feedbin Starred Entries for mark.adamenko@gmail.com
NEW YORK, Sept. 20, 2021 /PRNewswire/ -- As per the research based on Zion
Market Research study, LegalTech artificial intelligence (AI) industry
gathered revenue about USD 3,245 million in 2018 and is set to garner
revenue of approximately USD 37,858 million by 2026. The LegalTech
artificial intelligence (AI) market is projected to register highest gains
of approximately 35.94% in 2019-2026. Apparently, humungous demand for
AI-driven solutions for prominently reviewing and analyzing legal
documents using natural language processing tool will drive LegalTech
Artificial Intelligence (AI) market growth. Apart from this, AI has also
contributed notably towards cost-reduction in legal sector and this will
promulgate scope of LegalTech Artificial Intelligence (AI) market in the
years ahead.
Apart from this, AI is projected to have a deep impact on legal research,
eDiscovery, and legal analytics. Though AI in legal domain is in nascent
stage, it can help individuals conduct research, expedite digital
discovery, and support diligence. Furthermore, law industry has adopted AI
to improve contract analysis at time of litigation for ensuring relevance
and quality of legal suits to clients. With launching of machine learning
data models trained for predicting outcomes of law suits, there is massive
demand for AI in LegalTech business, thereby driving market trends.
Get free Sample PDF of this Research Report for more Insights with Table
of Content, Research Methodology and Graphs -
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Moreover, AI-driven software enhances speed, aptness, and proficiency of
legal documents to be reviewed along with sorting of additional docs with
a high speed as compared to human beings. This will enlarge scope of
LegalTech Artificial Intelligence (AI) industry in coming decade. A large
number of lawyers and attorneys have accepted research tools such as Lexis
for streamlining law suit review and AI has helped them in providing
instant outcomes as compared to individuals who take many days for
determining similar law suits. This is projected to make AI be next-gen
technology that will be most sought for in legal field over forthcoming
years, thereby contributing substantially towards LegalTech Artificial
Intelligence (AI) market over assessment period. Furthermore, action
reviews are outcomes of AI-driven recommendation engines that recommend
legal decisions to be taken on a prior data and case-related facts such as
win probability, acceptance of settlement, and steps to strengthen
arguments during litigation.
Need For Effective Real-Time Decision-Making in Litigation to Impel
LegalTech Artificial Intelligence (AI) Market By 2026
Growth of LegalTech Artificial Intelligence (AI) market over assessment
period is owing to necessity of taking instant decisions for lawyers in
various kinds of litigations. In addition to this, AI helps lawyers
in determining exact outcomes of law suits depending on historical data.
In addition to this, AI can assist in predicting win or loss
probability, evidence quality, decision probability, and strength of
arguments, thereby strengthening capabilities of lawyers. All these
aspects will steer expansion of LegalTech artificial intelligence (AI)
market over anticipated timespan. With the business objective of reducing
costs and time along with increasing accuracy, lawyers are trying to
optimize use of machine learning algorithms in litigation and this will
add significantly towards growth of LegalTech Artificial Intelligence (AI)
market in near future.
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North America to Make Notable Contributions towards Market Size By 2026
The regional market growth over forecast period can be credited to
presence of humungous number of LegalTech firms entering into AI space in
countries such as Canada and the U.S. In addition to this, AI has become a
buzzword across different sectors in developed countries such as the U.S.
and LegalTech is no exception to this. Hence, various law firms and legal
departments in the U.S. are making use of AI for standardizing and
reviewing legal documents. Need for proficient & timely delivery of legal
services will promulgate growth of business in region over forecast
timeframe.
Some of key players impacting business landscape and profiled in report
are LEVERTON, Loom Analytics, Luminance Technologies Ltd., Blue J Legal,
eBREVIA, Casetext Inc., Catalyst Repository Systems, Everlaw, FiscalNote,
Ravel Law, Judicata, ROSS, Justia, Knomos Knowledge Management Inc.,
Lawgeex, Legal Robot, Inc., LexMachina, and vLex.com.
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This review is based on a report by Zion Market Research, titled , "Global
LegalTech Artificial Intelligence (AI) Market-by Application (Document
Management System, E-Discovery, Practice and Case Management, E-Billing,
Contract Management, IP-Management, Legal Research, Legal Analytics, Cyber
Security, Predictive Technology, and Compliance) and by End-User (Lawyers
and Clients): Global Industry Perspective, Comprehensive Analysis, and
Forecast, 2018-2026."
This report segments the global LegalTech artificial intelligence market
into:
By Application
* Document Management System
* E-Discovery
* Practice and Case Management
* E-Billing
* Contract Management
* IP-Management
* Legal Research
* Legal Analytics
* Cyber Security
* Predictive Technology
* Compliance
By End-User
* Lawyers
* Clients
By Region
* North America
* The U.S.
* Canada
* Europe
* France
* The UK
* Spain
* Germany
* Italy
* Rest of Europe
* Asia Pacific
* China
* Japan
* India
* South Korea
* Southeast Asia
* Rest of Asia Pacific
* Latin America
* Brazil
* Mexico
* Rest of Latin America
* Middle East & Africa
* GCC
* South Africa
* Rest of Middle East & Africa
Browse Other Related Research Reports from Zion Market Research
* Legal Operations Software Market -
https://ift.tt/3AmC8N0 /> * Legal Accounting Software Market -
https://ift.tt/3AmC8N0 /> * Legal Services Market -
https://ift.tt/3AmC8N0 /> * Legal Calendar Software Market -
https://ift.tt/3AmC8N0 /> * Legal Practice Management Software Market -
https://ift.tt/3AmC8N0 />
About Us:
Zion Market Research is an obligated company. We create futuristic,
cutting edge, informative reports ranging from industry reports, company
reports to country reports. We provide our clients not only with market
statistics unveiled by avowed private publishers and public organizations
but also with vogue and newest industry reports along with pre-eminent and
niche company profiles. Our database of market research reports comprises
a wide variety of reports from cardinal industries. Our database is been
updated constantly in order to fulfill our clients with prompt and direct
online access to our database. Keeping in mind the client's needs, we have
included expert insights on global industries, products, and market trends
in this database. Last but not the least, we make it our duty to ensure
the success of clients connected to us—after all—if you do well, a little
of the light shines on us.
Contact Us:Zion Market Research244 Fifth Avenue, Suite N202 New York,
10001, United States Tel: +49-322 210 92714 USA/Canada Toll-Free No
+1-855-465-4651 US OFFICE NO +1-386-310-3803 Email:
sales@zionmarketresearch.com Website:
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SOURCE Zion Market Research
» InsideTracker Partners With Shalane Flanagan On World Marathon Majors
Feat, Project Eclipse
20/09/21 16:01 from Feedbin Starred Entries for mark.adamenko@gmail.com
CAMBRIDGE, Mass., Sept. 20, 2021 /PRNewswire/ -- Shalane Falanagan today
announced Project Eclipse, a mission to run all six World Marathon Majors,
starting September 26 in Berlin and concluding November 7 in New York
City, at the site of her 2017 championship win.
 
InsideTracker , the leading truly personalized performance and nutrition
system and longtime partner of Flanagan, will support the endeavor with
weekly comprehensive blood biometric analysis and consultations with its
team of Registered Dietitians. This personalized feedback will help to
inform her strategy based on real-time nutrition, inflammation and
recovery markers.
Flanagan is one of the most decorated and celebrated American runners in
history. After retiring from professional running in 2019, she underwent
two knee reconstruction surgeries, started a new coaching career and
became a mom, all while confronting the realities of a global pandemic.
Project Eclipse is not only a personal mission to reclaim her love for the
sport of running and to bolster her mental and physical health, but also a
way to inspire others to rise up in the face of their own struggles.
"InsideTracker is honored to be an essential part of Shalane's support
team for Project Eclipse," said Mariah Bridges, director of demand
generation, InsideTracker. "Not only is it a remarkable demonstration of
the personal strength and resilience that has placed Shalane among the
world's best, along the way we hope to gather scientific insight that will
help her and many others find the joy in doing what they love, and doing
it for life."
"Coming off a year and a half where so much was taken away from us, this
once-in-a-lifetime fall marathon season gives us all such a rare
opportunity for the running community to finally come together on the
roads again, to feel less broken and to reclaim our bodies and minds
together," said Flanagan.
Due to COVID's impact on race scheduling, this is the first year the six
races— Berlin, London, Chicago, Boston, Tokyo (virtual) and New York City—
will be run over seven consecutive weeks. With travel logistics and time
zone changes added to the already-daunting task of racing 26.2 miles in
rapid succession, the insight Flanagan gets from weekly blood biometric
analysis from the team at InsideTracker, paired with the holistic
performance support she receives regularly from the industry-leading Nike
Sport Research Lab, will be essential to guide her training and deliver
data-driven performance strategy.
InsideTracker will be sharing real-time insights throughout the endeavor.
Follow @insidetracker and use the hashtag #InsideEclipse on Instagram and
Twitter to get updates on her progress.
About InsideTrackerFounded in 2009 by top scientists from acclaimed
universities in the fields of aging, genetics and biology, InsideTracker
is a truly personalized nutrition and performance system. InsideTracker's
mission is to help people add years to their lives and life to their years
by optimizing their bodies from the inside out. By analyzing the body's
data from blood, DNA and fitness trackers, InsideTracker gives a crystal
clear picture of what's going on inside, along with a science-backed
action plan for improving your health and becoming your best self. Read
our peer-reviewed papers in Scientific Reports and Current Developments
in Nutrition.
Follow InsideTracker on Instagram , Twitter and Facebook .
Media Contact: Heather Hawkins hhawkins@insidetracker.com (415) 598-8662
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SOURCE InsideTracker
» Survey Reveals Employees Want Early Access To Wages
20/09/21 16:14 from Feedbin Starred Entries for mark.adamenko@gmail.com
SAN ANTONIO, Sept. 20, 2021 /PRNewswire/ -- Nearly 25% of employees in
America want access to their wages on-demand as they earn them rather than
waiting for a traditional payday schedule, according to the results from
the 2021 "Getting Paid In America" survey conducted by the American
Payroll Association (APA) during National Payroll Week.
The annual APA survey asked, "Would you like access to some or all of your
wages on-demand as you earn them instead of waiting for payday?"
Approximately 5,189 respondents, nearly 25 percent, indicated this is a
benefit they already receive or would be interested in receiving.
"Having a quarter of survey respondents desiring or already receiving pay
on-demand shows this is not a trend, it is here to stay," said Michael
Baer, CPP, special advisor at DailyPay.
On-demand wage payment is an emerging tool for employees. The payment
method enables employees to access a portion of their wages as they earn
them through a third-party early wage access provider, rather than waiting
for a traditional lump sum payment on a designated payday. Those advance
funds are paid back to the third-party early wage access provider
automatically on the traditional payday.
"We've seen a spike in employers searching for creative and new methods to
positively impact their recruitment strategies," said Chris Ruppel,
general manager of wage and corporate disbursements for Green Dot
Corporation. "Many employers have resisted the switch from the traditional
payday to earned wage access or on demand pay because of their limited
knowledge of how this process can be easily implemented into their current
payroll process."
The "Getting Paid In America Survey" also found that 68% of Americans are
living paycheck to paycheck. Early wage access can help employees meet
their financial commitments.
"Many organizations are looking at earned wage access programs and pitch
them as an employee benefit. Instead, they should position earned wage
access as part of a holistic financial wellness program that ultimately
helps build a positive culture, providing experiences that allow them to
do well and achieve long term success," said Imran Sajid, global senior
director at SAP SuccessFactors.
The "Getting Paid In America" survey was held in conjunction with the
APA's annual public awareness campaign National Payroll Week, September
6-10. Over 22,000 individuals responded to the survey, providing insight
into how individuals are paid in America. For complete survey results,
visit www.nationalpayrollweek.com.
The APA is the nation's leader in payroll education, publications, and
training. Visit the APA online at www.americanpayroll.org.
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SOURCE The American Payroll Association
» Scenthound Announces Signing Of Three New Multi-Unit Development
Agreements Amid Ongoing Explosive Growth Nationwide
20/09/21 15:40 from Instapaper: enacademic
Scenthound Announces Signing Of Three New Multi-Unit Development
Agreements Amid Ongoing Explosive Growth Nationwide
https://ift.tt/3AmC8N0 />
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