Technology, especially AI and ML has evolved significantly that it is now being incorporated as an integral part of the solutions across industries, including the legal sector. However, it is the antiquated business models that do not allow the major widespread implementation. Organizations are taking a long time to change these business models.
At Advocat.ai we are building AI-enabled solutions that will help legal departments and C-level to work more efficiently and cost effectively without the need of changing their business models.
Source: https://www.law.com/corpcounsel/2021/04/13/legal-technology-evolves-but-business-models-do-not/
