Law firms will spend millions on AI this year – the equivalent of £2k per lawyer – but many are still struggling to make it work, new research shows.
AI spend has skyrocketed as firms fight to keep up with the rapidly evolving technology, with those in the UK setting aside an average £775k and US firms £853k to embed it into their business.
The figures equate to £1,848 per UK lawyer and £2,336 per attorney in the US.
Despite this, however, a study by Passle involving 150 firms found that there were still significant barriers to adoption.
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