Our focus has always been on solving real-world client problems, rather than adopting technology indiscriminately, and with no clear strategy.
It’s important that we stick to this guiding principle and responsibly deploy solutions that are of real value to our clients, particularly given how rapidly AI and technology are developing. Our strategy concentrates on balancing the potential cost and efficiency benefits of AI and other technologies, against the challenges that come with any new tech, such as ensuring accuracy, and having the appropriate compliance measures such as data security and privacy in place.
By focusing on these core principles, clients will benefit from legal technology that drives genuine benefits and value to your legal function, as opposed to technology ‘for the sake of it’.
The current focus of our strategy is making sure we have the right people, processes, and infrastructure in place, in order to get the best outcomes for our clients, and to ensure we can be proactive rather than reactive when it comes to identifying new technology.
Key principles and processes which provide the foundation to our strategy include:
We are already utilising a number of more tried and tested AI / Generative AI solutions (detailed below) on a routine basis as part of our standard legal practice. These AI solutions have a demonstrable track record of producing high quality results in a cost effective manner. We have also been trialling more advanced AI solutions, on a case-by-case pilot basis in order to find out more about these products and how they can bring benefits to our clients.
We continuously monitor the marketplace for technology developments (AI and non-AI) that can provide benefits for our clients. When we identify a suitable AI product or service, our focus is on balancing the cost and efficiency benefits to the client, against key challenges such as accuracy and security.
Through these processes, not only are we supporting our clients in responding to the challenges and opportunities posed by AI, but we are actively using AI tools to drive efficiency and cost savings for our clients.
The AI applications that we have implemented into our routine legal practice when working with clients include:
As part of the tool, Relativity Review Manager generates forecasts and tracks the progress and time cost of human review with graphical reports. Relativity can be used for litigation, arbitration, early case evaluation and regulatory investigations. It integrates with our fact and issue analysis tool, CaseMap.
Whenever we develop or implement any new legal tech, the value that it adds to our clients, in terms of time and cost savings, is a core consideration. We use small-scale pilot projects to quantify the benefits of new technology, so that when we scale up, we have a clear idea of what savings and efficiencies will be realised. As well as focusing on the hard benefits of cost and time savings, we also focus on the softer benefits of technology, such as better collaboration and client benefits.
With AI being so new to legal process improvements, and with the technology evolving so rapidly, we are mindful that at this early stage, it is difficult to quantify tangible savings to our clients. Rather than give unproven, isolated benefits, we prefer to focus on the value of technology as a whole, in the context of our wider approach to service delivery (e.g. project management, client relationship management, etc.).
Bird & Bird has collaborated with Legora to develop our Generative AI legal assistant to streamline and enhance legal workflows.