PAST PROJECT

“Pricing went from taking 3 days to less than 30 minutes.”

Silver Circle Law Firm

ML + Dev

2019

The legal business model is changing

The clients of corporate law firms are demanding fixed pricing instead of standard hourly billing. There's also a second shift: in-house legal teams are growing, and the law firm is increasingly asked to lead parts of a case, rather than the case in entirety—this means they need to provide fixed quotes for specific elements, something law firms haven't had to do before.

Law firms need to provide price certainty for their clients

This project aimed to place a powerful set of pricing algorithms in the hands of our client's lawyers. The lawyer simply needs to provide a basic set of information about a case, and our software returns a reliable estimate for the time required to complete it. The lawyer could then apply rates and adjustments to come up with a final price.

ALGORITHMS
state-of-the-art machine learning METHODS
UI/UX
AN EASY WAY TO INTERACT WITH POWERFUL MODELS
HOW WE HELPED

Learning from historical data

We developed two sets of algorithms: one cleaned up historical time data, the second predicted how long a case, or part of a case, would take. Once the algorithms proved a success, we designed and built an enterprise machine-learning system, which included the app that lawyers use to price.

CLASSIFICATION

Cutting-edge machine-learning models cleaned poor-quality time data from old timesheets

PREDICTION

A second set of machine-learning models predicted how long work would take

APP DEV

Models made, we designed and built an intuitive application that helped lawyers price cases

AUTOMATION

The system was built to regularly update, so the algorithms could learn from new data

Reliable fixed prices, 90% faster

The new pricing application brought three core benefits. Primarily, our client was able to offer fixed prices, reliably and at scale. It enabled huge time savings too—2.5 hours for every price estimate. To top it off, our client is now viewed as a pricing innovator within the industry.

Used Daily

Lawyers use the app multiple times a day to price cases

AWARD-WINNING

Our client won an industry innovation award

GROUND-BREAKING

Our client's first successful machine-learning project

ENHANCED BRAND

The application got a lot of press, positioning our client as a pioneer

WHAT THEY SAID

"This makes everything so much easier"

Global Head of Pricing · Silver-Circle Law Firm

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