Building the AI-Powered Organization
Avoiding the Perils of the Plug and Play Mindset
Law firms have entered a time of unimagined business challenges and face unique opportunities to help clients navigate a new reality. Is your firm ready accelerate the move to a digital business? The power of artificial intelligence (AI) will be critical to your long-term goals in transforming the ways you work and engage with clients.
Powered by the vast volumes of legal data and advanced computing capabilities for processing the same, legal AI recently entered a new phase; one where technology can support predictive analysis and higher-order decision making. It holds the power of enabling law firms to make the shift from anecdotal to data-driven insights (e.g. with budget estimation), and it holds the promise of better-informed guidance for clients, enhanced risk mitigation and optimized delivery. This sea change has the potential to keep law firms financial performance afloat from both the top and bottom lines, all while helping deliver higher value to clients.
Legal experts believe that applied AI will increase the depth, quality and technical value of services that law firms provide for their clients. Yet despite these developments, the legal industry lacks substantial AI success stories that are much more than small gains with specific tasks. Watch this on-demand ILTA webinar with Intapp’s Vice President of Business Management, Jose Lazares, to learn about the impact AI will have on employees and existing business processes. Just as with other large-scale changes, firms must rethink and rewire existing approaches to AI in order to achieve firm wide success.