Herbert Smith Freehills has formed a specialist technology team in response to “unprecedented change” in the way lawyers operate. The digital law group will consist of senior lawyers, in-house and external tech experts and a rotating cohort of solicitors, and will advise on the likes of blockchain, artificial intelligence and robotics. The team will also focus on ‘smart contracts,’ which it says will comprise the majority of contracts in the future. CEO of Herbert Smith Freehills Mark Rigotti said: “Our clients are facing significant digital transformation, and so are we. Our people need new skills to be able to provide our clients with the advice they need in this new, evolving business environment.” Separately, Legal Cheek talks with Herbert Smith Freehills senior associate Kushal Bhimjiani about the firm’s pioneering efforts on digitalisation and legal technology. HSF recently unveiled “Innovation 10”, a scheme giving staff the opportunity to spend up to ten working days a year on lawtech projects, from apps to AI. This, Ms Bhimjiani says, is about “giving people the opportunity to live and breathe the culture of innovation that exists across the firm.” Ms Bhimjiani adds that she does not fear the rise of AI in law, stating that she prefers to think of the future as one of “Lawyer 2.0 –
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Providing insight into technology and innovation in the legal, accountancy property and consultancy sectors. Alternative Insights brings together news, commentary and thought leadership about digital transformation across the entire professional services industry. We collate industry stories on innovation, technology and transformation in the legal, accountancy, management and property consultancy sectors, giving you access to the latest thinking about tech and innovation in the professions.
October 28, 2019
July 23, 2019