Biglaw Firm Busy Building Its Own AI

Law firm Kirkland to spend $500 million developing its own AI platform

WASHINGTON, May 28 (Reuters) - ⁠U.S. law firm Kirkland & Ellis said it is devoting $500 million of its revenue ⁠to developing a custom AI platform, accelerating a spending race on the ‌technology in the legal industry.

Biglaw Firm Busy Building Its Own AI

Ed. Note: Welcome to our daily feature Trivia Question of the Day! According to reports, which Biglaw firm is investing $500 million over the next three-to-four years to develop its own proprietary artificial intelligence platform? Hint: While other Biglaw firms are also making AI moves, including Fried Frank’s new internally-built AI for its private equity practice, this is one of the most ambitious investments by Biglaw in the space. See the a…

Kirkland Investing $500M in Proprietary AI System to Support Client Work, 'Start to Finish'

The proprietary AI system is designed to help client work in a variety of practices and has been in the works for three to four years, said a source with knowledge of the project.

Kirkland & Ellis has form for building its own technology. The $500m AI play is its biggest yet. - Legal IT Insider

Tom Saunders, RSGI Kirkland & Ellis announced yesterday (28 May) that it would spend $500m over the next three to four years developing its own custom AI tools and services. […] The post Kirkland & Ellis has form for building its own technology. The $500m AI play is its biggest yet. appeared first on Legal IT Insider.

Kirkland & Ellis sets aside $500 million to build its own AI tools

Serious investment US law firm Kirkland & Ellis has set aside an eye-watering $500 million (£370 million) to build its own AI platform. Firm chair Jon Ballis said that while widely available AI tools are raising standards across the legal industry, that bar isn’t high enough for a firm like Kirkland. Its clients, including the world’s biggest companies and private equity funds, expect more than whatever any competitor armed with off-the-shelf to…