KPMG Looks to Beat Big Law at AI by Leveraging Size and Capital

KPMG sees an opportunity to grow its legal business by outspending major law firms on artificial intelligence tools.

The Big Four consultancy plans to invest “tens of millions of dollars” to help corporate legal departments streamline operations, including implementing generative AI, said Stuart Fuller, KPMG’s head of legal services, in an interview. The technology eventually will “take away part of the core business model” for law firms by handling tasks usually assigned to junior lawyers, he said.

“The most critical difference between a Big Law firm and the Big Four is the ability to have capital provided by the organization ...