Case Study: Regional Law Firm improves fixed-fee pricing with 10th Magnitude's AI solution

Regional Law Firm disrupts a very competitive space

Regional Law Firm partnered with 10th Magnitude to address the growing demand from clients for fixed-cost legal pricing. To support accurate estimates, the firm needed a faster way to analyze large volumes of historical legal matter data and attorney time entries, a task that was difficult to do efficiently with traditional methods. The vendor’s Data Intelligence capabilities helped the firm begin modernizing that process.

10th Magnitude implemented a custom machine learning solution that analyzes attorney time narratives and predicts the correct code in real time, with results displayed in an easy-to-consume format. This enabled Regional Law Firm to review historical and previously noncoded time entries for better fixed-bid pricing, while also monitoring future entries for coding accuracy. The result was improved agility, efficiency, and customer service, along with better pricing accuracy and a stronger position in a highly competitive market.