Tanenbaum Keale LLP Chief Technologist Kenneth E. Jones recently authored an article for Legaltech News on why law firms shouldn’t be counted out when it comes to offering legal technology.

Jones writes the Big 4 accounting firms and alternative legal service providers (ALSP) “are offering complex, deep technology like AI, blockchain and TAR (technology-assisted review)” to the legal vertical.

While there are hurdles law firms need to overcome, Jones notes they are in perfect position to compete against the Big 4 and ALSPs as law firms posses two huge advantages:

  • An intimate, expert knowledge of their client’s businesses and legal processes.
  • Close, long-standing relationships with their clients.