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Join us at our AI Disruption Breakfast Event as we explore the evolving landscape of Law Tech and its impact on legal jobs.
Join us at our AI Disruption Breakfast Event as we explore the evolving landscape of Law Tech and its impact on legal jobs.
As the tsunami of AI disruption hits the world of white collar work, the legal sector is not immune from its impact. The recent study by Linklaters, where they measured the competency of AI engines to determine whether they were yet able to replicate the functions of a qualified lawyer were noteworthy.
The Government initiative to invest in AI-related infrastructure is at a time when the industry is accelerating away and while the UK remains a global leader, the planned investment will facilitate further growth and hiring.
The combination of increased investment in AI, political shifts in the UK and falling interest rates has made 2024 a pivotal year for the finance sector.
The announcement by the Labour party regarding increasing investment into AI will be welcome news for the industry. Similarly, with over 1,300 AI companies already established in London The UK tech sector overall is now worth £1 trillion and with VC firms are scaling up their funds, indicating that 2025 is set to be a bumper year for investment as UK-based venture capital firms raised $11.3bn in dry powder, a 59% increase from last year.