The contemporary legal landscape sees an upsurge in Big Law’s interest in Artificial Intelligence (AI). Many of the largest law firms are pivoting towards a tech-centric approach, leveraging their stature as leading consumers of legal tech to shape vendor development of AI-fueled services.
In an effort to bridge the divide between law and technology, these marquee firms have been aggressively hiring data scientists and machine learning engineers throughout the first half of the year. Furthermore, many of these roles are newly created, indicating a deliberate shift in strategy towards digital transformation.
The past month alone has seen top firms including Latham & Watkins, Cleary Gottlieb Steen & Hamilton, DLA Piper and Reed Smith adding tech specialists to their rosters. Meanwhile, Morgan, Lewis & Bockius is in the pursuit of directors for AI and innovation, reflecting a partnership with Thomson Reuters.
As Big Law lures tech talent in a battle over software development, this trend illustrates the massive impact of AI and related technologies on the legal profession. The ‘build versus buy’ dilemma in the AI context is being addressed with novel methodologies as firms navigate the evolving tech landscape.
For a more comprehensive analysis of this developing story, you can refer to the original article on Law.com.