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Understanding Law Firm Expenses: Hard Costs vs Soft Costs

MyCase

These costs are associated with tangible expenses necessary for legal service delivery, such as: Court filing fees Expert witness fees Deposition fees Laboratory fees Hard costs are typically viewed as necessary expenses by clients and are, therefore, more readily reimbursed.

article thumbnail

Understanding Law Firm Expenses: Hard Costs vs Soft Costs

MyCase

These costs are associated with tangible expenses necessary for legal service delivery, such as: Court filing fees Expert witness fees Deposition fees Laboratory fees Hard costs are typically viewed as necessary expenses by clients and are, therefore, more readily reimbursed.

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Paxton.AI’s Tanguy Chau & Michael Ulin: How AI Allows Legal Work to Soar to New Heights (TGIR Ep. 220)

3 Geeks and a Law Blog

And then I was part of the founding team, along with a few other ex McKinsey colleagues of a company called zesty AI, where I was the founding AI engineer and, and head of AI for XSD, where we focused on building enterprise AI models for the US property insurance industry. You know, how does the explanation help lawyers learn in the process?