Given its potential to automate work activities that absorb up to 70% of employees’ time [McKinsey, 2024], the opportunity for the legal industry to capitalise on AI is clear. From reduced time spent on non-billable work to cost saving for clients, this technology provides a platform from which firms can thrive.
For 55% of firms however, meaningful adoption of advanced technologies such as AI is held back by a severe lack of data readiness [PWC, 2024]. Stored across multiple mediums, including the cloud and on-prem, it can be near impossible to gain a holistic view of all data. And with emerging tech such as AI only being as good as the data it learns from, firms that are not data-ready will find little value in their investments.
How can legal firms guarantee their data is of sufficient quality, and secure enough to extract the most from these emerging technologies?
The Covent Garden Hotel is an elegant and sophisticated venue situated in one of London’s most vibrant areas. Designed by Kit Kemp, the hotel’s interior captures the essence of modern British style, with a creative flair that is both timeless and inviting. Overlooking Monmouth Street, the Lyric Room provides an exclusive and intimate setting, bathed in natural light.
Covent Garden Hotel offers a menu that beautifully marries contemporary British cuisine with international flavors. The emphasis is on authenticity and simplicity, with each dish crafted to highlight the finest seasonal ingredients, ensuring a dining experience that is both exquisite and memorable.
We’re committed to supporting our society and environment. When you attend a Change Makers Club event, we pledge to neutralise your carbon footprint. To offset your travel or energy usage we will plant a tree via One Tree Planted. Once mature, the average tree has a net absorption of 30 kg of CO2 per year, which equates to 227 miles of travel by car or 96 hours of office usage. You can see our maths here.
Learn more here: https://onetreeplanted.org/