FT Legal Outlook

TL;DR

The legal industry is undergoing transformation due to AI and new law firm models.
Interest in separating legal casework from other operations surged with new technology.
AI offers opportunities for legal teams, alongside handling repetitive tasks.
Concerns about illegal misuse of private deal information have impacted elite law firms.
Understanding the emotional barriers to technology adoption is crucial.
Lawyers are central to discussions regarding the lawful and responsible use of technology.
Despite increased investment in legal tech, full adoption faces obstacles.

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