Smaller legal outfits must find time to explore technology-driven opportunities
Artificial intelligence should be seen as a leveller allowing smaller and mid-sized firms to be more efficient and compete with their larger counterparts, technology pioneers have said.
Most legal AI developments tend to be associated with Top-100 firms working on big-ticket deals and with deep enough pockets to invest in technology, but ‘the capability we offer is more of an equaliser rather than something for big firms,’ said Peter Wallqvist, co-founder of RAVN, one of the first applied AI systems companies to have invested in the legal sector.
Set up in 2010, RAVN counts about 70 firm...
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