The growth of ‘build-your-own’ legal AI tools
Law firms are increasingly developing their own AI tools to improve productivity and accuracy, with some exploring licensing these systems to clients.Summary
Law firms are increasingly developing their own AI tools to improve productivity and accuracy, with some exploring licensing these systems to clients. Sydney-based Inkling Legal Design has built an AI-powered predictive tool to generate plain-language consumer contracts, while Singapore's Allen & Gledhill developed A&GEL to speed up high-volume tasks. These firms chose to build their own solutions because existing products were often trained on US legal documents, making them less suitable for Asian, Australian, and UK clients. Singapore's Rajah & Tann has taken a different approach by licensing its AI-powered contract review service to clients, offering a subscription model for routine tasks and an hourly rate for complex legal advice. Ashurst is also rethinking its business model, integrating AI at the core of its service delivery and developing alternative billing structures that combine technology and human expertise.
(Source：Financial Times)