Artificial intelligence disrupting the business of law
Its traditional aversion to risk has meant the legal profession has not been in the vanguard of new technology. But it is seen as ripe for disruption -- a view that is based not least on pressure from tech-savvy corporate clients questioning the size of their legal bills and wanting to reduce risk. As more law firms become familiar with terms such as machine learning and data mining, they are creating tech-focused jobs like "head of research and development" or hiring coders or artificial intelligence (AI) experts. Change is being driven not only by demand from clients but also by competition from accounting firms, which have begun to offer legal services and to use technology to do routine work. "Lawtech" start-ups, often set up by ex-lawyers and so-called because they use technology to streamline or automate routine aspects of legal work, are a threat too.
Oct-6-2016, 11:06:41 GMT
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