legal delivery
Artificial Intelligence Will Not Replace Lawyers With IQ And EQ
There are three categories of intelligence in the legal vertical–intellectual, emotional, and artificial. Many lawyers have elevated IQ's, though relatively few seem to possess high EQ's– commonly called'people skills'. Only the best lawyers--trusted advisers– have both. Artificial intelligence (AI), a recent entrant in the legal vertical, scores high on IQ, but the jury is still out on whether machines can develop comparable EQ. What kind of intelligence is required for legal delivery?
Automated And Agile: The New Paradigm For Legal Service
Axiom, a legal staffing-turned-technology company, recently announced a five-year deal with Johnson & Johnson (J & J) to provide multi-shore contract management services to the pharmaceutical giant. Axiom will support J&J's global procurement contracting function, helping to standardize its vast trove of procurement agreements across a dozen contract types and 10 languages. This is not Axiom's lone big dollar, long-term contract with a major corporation. A couple years ago, it inked an eye-popping $73 million deal with Credit Suisse to process the bank's "master trading agreements." Axiom's metamorphosis from staffing to technology is emblematic of the maturing face and changing focus of legal service providers.
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