Evaluate legal AI cost savings
Legal AI ROI Calculator
Estimate potential ROI from deploying AI in legal document review by inputting current hours spent and outside counsel costs. The calculator quantifies time and cost savings to support investment decisions.
Enter your current annual document review workload and outside counsel expenses to estimate the potential return on investment (ROI) from adopting legal AI solutions. This calculator uses conservative industry benchmarks to project time and cost savings.
Typical legal AI tools reduce document review hours by 40% to 60%, according to Gartner's LegalTech market insights (2023). Outside counsel hourly rates vary widely, but the calculator allows you to customize these assumptions for your scenario.
Inputs
Total hours your legal team or outside counsel currently spend annually on document review.
Average hourly billing rate for your outside counsel assisting with document review.
Average loaded hourly rate for internal legal staff performing document review, if applicable.
Percent of total review hours currently performed by your internal legal team (0-100).
Percent reduction in review time achievable by deploying AI-assisted review tools. Industry averages run 40-60%.
Result
(annual-review-hours * ai-review-hours-saved-percentage) / 100(hours-saved * (((internal-staff-hours-percentage / 100) * internal-staff-hourly-rate) + (((100 - internal-staff-hours-percentage) / 100) * outside-counsel-hourly-rate)))Legal AI ROI Estimate
Estimated savings are below industry averages for substantial AI investment. Consider detailed vendor evaluations.
Note
This calculator provides estimates based on user inputs and averages from Gartner's LegalTech research (2023). Actual ROI depends on specific vendor capabilities, deployment scope, and organizational workflow integration.
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