Bosses rate their AI rollouts higher than the staff do
Executives call 69% of deployments successful; the people using the tools say 53%. In audit and tax the figure drops to 43%, and distrust is now a top barrier.
30 articles tagged Professional Services
Executives call 69% of deployments successful; the people using the tools say 53%. In audit and tax the figure drops to 43%, and distrust is now a top barrier.
The UK Jurisdiction Taskforce says professionals can be sued for negligence for failing to use AI, and that existing English law already covers most AI liability disputes.
Harvey and Legora, valued at $11bn and $5.5bn in March 2026, are recruiting senior lawyers from City firms with equity stakes and legal-engineer roles.
EY launches enterprise-scale agentic AI across its global assurance division, pairing more than 130,000 auditors with agents to manage complex tasks.
PwC US chief Paul Griggs warns that partners resisting AI adoption will be replaced, as the firm launches an automated services platform and shifts away from hourly billing.
The Law Society examines real-world AI adoption in legal contract management, from document summarisation to large-scale due diligence and agentic workflows.
A partner at KPMG Australia has been fined A$10,000 after using AI tools to pass an internal training course about using AI responsibly.
Lawyers report that clients are arriving with inflated expectations from AI chatbots, while firms grapple with how AI productivity gains will affect the billable hour.
FT investigation reveals law firm salaries climbing despite AI adoption, as automation frees juniors for higher-value work rather than eliminating roles.
UK law firm becomes first to link firmwide bonus to AI adoption, rewarding staff after reaching Microsoft Copilot usage milestone four months early.
New benchmarks reveal LLMs score just 37% on complex legal tasks. Despite automation fears, law graduate employment hit record highs in 2024.
Major law firms report significant time savings using AI for document analysis and depositions, though accuracy concerns and hallucination risks remain key challenges.
Mohamed Kande says AI's ability to automate data analysis threatens entry-level positions, whilst firm struggles to hire hundreds of AI engineers.
International law firm Ropes & Gray allocates billable hours for first-year associates to master AI tools and develop automation skills.
Big Four firm will assess employee AI usage in annual reviews, monitoring engagement with tools like Microsoft Copilot whilst maintaining focus on development rather than punishment.
Thomson Reuters research shows 78% of top 40 UK law firms now advertise AI use, with growing investment in specialist teams and staff training programmes.