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An illustrative calculation to estimate the return of legal AI in your firm: the formula, an example with assumed figures, and how to run it with your own hours and rate.
This article does not publish savings measured on clients: we have not measured them, and a savings percentage without a source won't help you decide. What we can give you is a way to do the maths with your own numbers. All figures in the example are assumptions: replace them with yours.
The return of a legal tool can be estimated like this:
Hours per month you no longer spend on mechanical work × your hourly rate, against the tool's monthly fee.
The hard part is not the multiplication but estimating the first figure honestly. To do that, it helps to split it by task.
Suppose a solo lawyer bills €150/hour (a figure chosen for the example, not a market average) and has a portfolio of active matters. Suppose also, for the example only, these times she no longer spends on mechanical tasks:
| Task | Times per month (assumed) | Time no longer spent each time (assumed) | Hours per month |
|---|---|---|---|
| Case law and legislation search | 10 | 30 min | 5 h |
| First draft of briefs | 4 | 1 h | 4 h |
| First review of contracts | 2 | 30 min | 1 h |
| Deadline calculation | 15 | 6 min | 1.5 h |
| Total | 11.5 h |
With those assumptions, 11.5 hours at €150/hour come to €1,725 per month of time she can spend on something else.
Lexiel's Basic plan costs €52/month + VAT (annual billing). At €150/hour, that fee equals 0.35 hours of work per month: if your honest estimate of recovered hours is above that figure, the tool pays for itself; if it is below, it doesn't.
Some benefits are hard to put in euros, and it is better not to inflate them with invented figures:
Lexiel's analytics dashboard includes an indicative estimate of hours saved based on what you have used (briefs generated, documents analyzed, queries). It is calculated with fixed assumptions per task type, not by measuring your time, so use it as a reference and compare it with your own records.
The return of legal AI is not the same for every firm: it depends on how much mechanical work you have and what your hour is worth. Do the maths with your own numbers before subscribing, and repeat it at the end of the trial.
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