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• #Deluge client ml full

For starters, clients are demanding faster, more intuitive and accessible legal advice delivered over multiple channels and geographies. However, a combination of factors sweeping the industry is pushing more firms to reconsider this stance. Whatsmore, the legal profession is historically known as quite conservative in its business practices since it is educated on precedent and is less forgiving towards experimentation and failure.

#Deluge client ml full

So it becomes even more important to make the best use of your expensive human resources to succeed in this highly fragmented industry full of niche players. Such growth no doubt may present some efficiencies, but there’s no evidence of strong network effects letting few players dominate the market. The business of legal services remains perhaps the very definition of a human-driven industry essentially relying on increasing the employee count to be able to scale to higher revenues. Although the spearheading ML applications have come from the usual suspects such as Internet companies and software firms, the waves of automation and data-driven decision making have been recently crushing on the shores of the Legal Services industry (article in Spanish).Ī typical law firm in the Western world employs tens or even hundreds of attorneys specializing in different practice areas e.g., intellectual property, corporate, civil, criminal, constitutional law.

By now, Machine Learning is soundly in the public domain as its wide impact is being felt across many industries around the world as they go through digital transformations.