UK Legal Tech & AI

AI Uncertainty Cools PE Appetite For UK Law Firms

By Marialuisa Taddia

Investors are increasingly cautious about U.K. law firms because of billing uncertainty driven by artificial intelligence and unpredictable revenue, legal industry figures have said.

FCA Turns To Early Action As AI Speeds Financial Crime

By Eddie Beaver

The financial regulator has said that it is increasingly using supervisory powers and early intervention to prevent harm before launching formal investigations as technological advances and AI accelerate financial crime.

AI-Driven Spike In Complaints May Not Mean More Sanctions

By Jamie Lennox

Complaints against lawyers in England and Wales have soared over the past year as artificial intelligence equips clients to sound the alarm over potential misconduct that might have previously gone unreported — but as regulators struggle to keep up, experts say the flood doesn't necessarily herald more penalties.

Pinsent Masons Boosts Tribunal Service With Generative AI

By Ashish Sareen

Pinsent Masons LLP said Wednesday that it has enhanced its employment tribunal service with artificial intelligence and lawyers from its employment and alternative legal services teams to help clients tackle a rise in claims.

For 6th Time Since 2022, Wolters Kluwer Prices Eurobond

By Steven Lerner

Wolters Kluwer priced a new seven-year, €500 million (about $580 million) senior unsecured Eurobond on Monday, marking the fifth consecutive year the professional information software and services giant has relied on this debt instrument.

Swedish AI Patent Co. Lightbringer Raises $10M Series A

By Matt Perez

Swedish startup Lightbringer announced on Tuesday the raising of a $10 million Series A funding round to expand into the U.S. while further developing its artificial intelligence patent platform.

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