Top law firms have talked a big blockchain game — with potential applications ranging from tracking electronic discovery documents to speeding bankruptcies. But only a few have actually adopted the technology.
Missing Out: U.S. law firms finally are beginning to recognize the importance of artificial intelligence as a means to cut costs by speeding operations, but they’re failing to grasp the potential of blockchain, a newer technology, industry watchers tell Bloomberg Law.
Baby Steps: Currently, “we’re deep in the zone of disillusionment,” said David Fisher, a founder of the Global Legal Blockchain Consortium, who nonetheless predicts legal industry adoption of ...
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