Cambridge Journal of Regions Economy and Society · 2020 · 80 citations · 26 references
LawBusiness LawJurisprudenceArtificial IntelligenceLegal ReasoningPhilosophy Of LawArtificial Intelligence AdoptionLegal CultureLegal SystemsBusiness Model Innovation FailureLegal ModelService Business Models
Abstract Recent technological developments in automation and artificial intelligence (AI) promise to disrupt the very foundations of how legal work is practised and delivered. Yet how they challenge current business models, where they encounter resistance and how the benefits of AI can be realised remain unexplored. Drawing on interviews with professionals in the UK legal services sector, the article highlights how technological and market pressures combine to challenge the business models of legal services firms. However, the findings reveal important cultural and structural challenges that hamper transformation. The article extends the debate on technological disruption in legal services through a focus on business model innovation as a tool that can support firms in the sector to reimagine legal services provision.
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Satu Elo, Maria Kääriäinen, Outi Kanste et al. · SAGE Open · 2014 · 4.3K citations · Full text
Joan Magretta · PubMed · 2002 · 2.9K citations