Bodhala Bets on Big Data With Legal Spend Analytics Platform
The AI-fueled platform provides insights into legal procurement trends by analyzing private e-billing invoice and public legal data.
September 05, 2017 at 10:50 AM
7 minute read
Attorneys have turned to artificial intelligence to reduce costs in tasks like e-discovery, contracts and due diligence. But more recently, AI has been getting to the heart of the matter, fueling legal spend analytics platforms that help law firms and legal departments better understand and change their spend habits.
One of the latest entrants into this market is Bodhala, which aims provide deeper insight into industry spend patterns using big data analysis. Legaltech News spoke with Raj Goyle, co-CEO at Bodhala, on how the platform's AI works and how Bodhala aims to compete in a fast-growing market.
What It Is: Bodhala is a legal spend analytics platform that analyzes e-billing invoices and other legal data to provide insights into legal procurement market trends.
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