“Bizarrely, the fact that large law is still highly successful is still an impediment,” Nicola Shaver, director of innovation and knowledge at Paul Hastings in New York, said. “It is still difficult to tell people to change the way they’re doing things when it's working at bringing in an enormous amount of revenue every year.”
April 13, 2021 at 03:16 PM
1 minute read
The original version of this story was published on Corporate Counsel
When Scott Mozarsky was handling mergers and acquisitions as general counsel of UBM plc, someone on the other end of the deal would say he has to agree to a term because that is what the market dictated. Mozarsky said he would have to go through a pile of data to find what the market terms were.
Machine learning and artificial intelligence have changed all of that.
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Pictured top left to right: Marco Marino, senior director of business development at SDL, and Armin Hendrich, partner at DLA Piper. Bottom left to right: Nicola Shaver, managing director of innovation and knowledge at Paul Hastings, and Scott Mozarsky, managing director at JEGI Clarity. Image via video
