Suppliers of legal technology are focusing on the development of generative artificial intelligence products, as lawyers increasingly appreciate how these could change their working lives. Like their clients, legal-tech providers sense a high level of disruption is under way.
The would-be pioneers range from the Big Four professional services firms to information providers LexisNexis and Thomson Reuters, and to managed legal service providers and tech vendors.
“The timeline is now,” says Sandeep Agrawal, lead partner for the legal technology business at PwC UK. He reports an urgency among tech providers in vying to offer new generative AI tools to their lawyer clients — and in forming new partnerships in pursuit of that goal.
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