There seems to be a suggestion that consumers might shop around away from their own location because there are significant price variations from region to region. But will they?

Something that gets forgotten among all this noise is the impact onerous AML rules have on client experience. It’s a source of friction and it reduces trust and confidence.

Many law firms grapple with a divide between fee-earners and finance teams, which can create friction that risks undermining regulatory requirements, profitability and client service.

AI is the go-to capability to drive higher productivity for organisations. Those that are not yet implementing it may find themselves being left behind in the race for both talent and clients.

The UK legal sector is an established and traditional institution. Whilst now it may not be fully embracing AI, its presence can now not be ignored by the profession.