Featured in Legal IT Insider: The Introduction of HerculesAI's Rule Library
- rchoy1
- a few seconds ago
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Legal IT Insider
Editor-in-Chief Caroline Hill writes “When billing compliance is framed only as enforcement of OCG rules, law firms are missing a major piece of what causes deductions. End-to-end compliance requires adherence to a wider set of rules found in alternative sources like internal guidelines and historical deduction patterns.”
Covering the HerculesAI Rule Library announcement, Hill explains how the solution expands beyond Outside Counsel Guideline (OCG) enforcement, extracting from internal policies, partner preferences, historical deduction patterns, common practices, and custom rules.
The Rule Library uses HerculesAI’s LLMs to automatically convert text files into structured, enforceable rules. The system flags violations, provides citations and AI reasoning, and offers one-click fixes, all aimed at reducing write-offs and improving realization rates.
The platform’s adaptable rule and comprehensive enforcement abilities allows firms to reduce revenue leakage by as much as 50% and achieve a return of 24x on their investment.
Read the full article on Legal IT Insider.
Request a demo of the Rule Library.