Can we see how the estimates were calculated?

Yes. The methodology separates the estimated time from the economic assumptions. You can see and control the rates and assumptions used to calculate value, so the number is easier to explain and defend internally.

Why does this matter beyond usage reporting?

Seats, sessions and prompts can show whether AI is being used. Usage & Value goes further by showing what legal work is being done, the capacity that work represents and what it is worth using assumptions that reflect how your legal team actually operates.

Put a number on what Wordsmith delivers.

Usage & Value turns the legal work done in Wordsmith into hours, cost and capacity, with every assumption visible and in your control. When leadership asks what your legal AI platform delivers, you have a number you can defend.

Book a demo

Measure what the work is worth

Translate legal work into estimated hours, internal cost and capacity, broken down by work type, document, language and jurisdiction.

Control outside counsel spend

See what work is being handled in Wordsmith and what it would cost at outside counsel rates, so you can make better decisions about what stays with the team and what goes outside.

Explain every value estimate

Use your own rates and assumptions. See how every estimate was calculated and track every change over time.

FAQ SECTION

Frequently asked questions

We've compiled the most important information to help you get the most out of your experience. Can't find what you're looking for? Contact us.

What is Usage & Value?

Usage & Value shows what legal work is being done in Wordsmith and what that work represents in estimated time, capacity and economic value. It helps Legal move beyond usage metrics to understand what their AI investment is actually delivering.

Can we use our own rates and assumptions?

Yes. You can set your own in-house and outside counsel rates, seniority assumptions, currency and productive hours. You can also adjust how different types of work contribute to in-house and outside counsel value.

What does outside counsel value mean?

Learn more about Wordsmith

Wordsmith now integrates with PERSUIT

Wordsmith’s integration with PERSUIT uses legal pricing data to help you decide what to keep in-house, what to send to external counsel and how much you save.

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Ready to transform your legal department?

See how the world's leading legal teams are building the future of in-house legal.

Book a demo

Put a number on what Wordsmith delivers.

Measure what the work is worth

Control outside counsel spend

Explain every value estimate

Frequently asked questions

Learn more about Wordsmith

Wordsmith now integrates with PERSUIT

Ready to transform your legal department?

Measure what the work is worth

Control outside counsel spend

Explain every value estimate

Frequently asked questions

Make smarter adoption decisions

Ready to transform your legal department?

Learn more about Wordsmith

Wordsmith now integrates with PERSUIT

Intake

Adyen joins Wordsmith as a customer