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.
This week we hosted the latest in our quarterly series of events looking at London Financial Services, where a central topic being discussed was the increasing importance of geopolitics on the London economy. Discover the key takeaways from the event with delegates from leading recruitment firms such as Morgan McKinley, REED, and Page.
AI adoption into insurance is accelerating as businesses optimise processes to improve outcomes while streamlining headcounts, with claims in particular being impacted. As a result, despite a year where the sector saw record profits, vacancies have fallen by 11.7% in 2024 compared to the year before.
Last week I had the pleasure of speaking to the London members of the TEAM network, regarding our viewpoint on what we are seeing in the London economy. Following up from the annual summit we organized the week before, this was a chance for TEAM members unable to attend, to get a briefing on what to expect this coming year.
Last week we published the findings of our annual report, analysing the UK Labour Market and were delighted to be joined by industry leaders where we both shared our findings and had a lively panel discussion where we discussed the economic climate, the impact of geopolitical factors and what we think it all means, for this coming year.