How technology is (or is not) transforming law firms

Journal article : Review

Abstract:: In this review, we explore the impact of technology on US and UK law firms, focusing in particular on the recent machine learning wave of artificial intelligence. Technology has not so far ushered the end of law firms as we know them. Adoption of artificial intelligence/machine learning is in its early stages in the sector, and its impact has been constrained by the scope of use cases for which it is so far well-suited. Technology is nevertheless transforming law firms, in the sense of leading to material changes to their current forms, in the following novel ways: (a) deployment not only in the back office but in the front office, affecting lawyers’ core tasks of advising clients; (b) opportunities for lawyers to pursue alternative career paths with different skill sets across the profession; and (c) emerging options for law firms to adopt business models creating value from nonhuman capital and nonlegal human capital.

Files:: Rodgers_et_al_2023_How_technology_is.pdf

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Language:: English
Keywords:: legal profession

organizational complementarity

transformation

artificial intelligence

law firms

technology
Subtype:: Review
Pubs id:: 1560565
Local pid:: pubs:1560565
Deposit date:: 2024-03-27
ARK identifier:: ark:/29072/ora_3dbc3af9d42643729e5fff4b574fc691

Copyright holder:: Rodgers et al.
Rights statement:: Copyright © 2023 by the author(s). This work is licensed under a Creative Commons Attribution 4.0 International License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited. See credit lines of images or other third-party material in this article for license information.

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