As advisors to the financial services sectors, lawyers are responsible for dealing with ever-changing regulatory and compliance issues on behalf of their clients, whether during regular business operations, or landmark transactions on the capital markets.
While discussions around artificial intelligence AI and generative AI GenAI heat up across different sectors, its adoption in the legal industry will take different paths, given the nature of the job’s high requirements around accuracy and rigour.
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London-headquartered law firm Ashurst recently conducted a trial of a GenAI application within the organisation, spanning across its 23 global offices. One of the key findings of the...