There is significant opportunity in the legal field for AI to augment workflows and client success. getty
The world of compliance and regulation has never been easy, especially in complex fields such as healthcare, financial services and many others. In fact, given just how nuanced this work is, many organizations often outsource compliance matters to professional law firms. With the boom of artificial intelligence, big data and an entirely new ecosystem of technology over the past decade, a myriad of regulations and laws have emerged with an unparalleled intensity which organizations just cannot keep up with.
The surge is not just noise, but rather, a signal that governments and regulators are racing to define how this ecosystem is built, deployed and governed. A 2023 report by Stan

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