Top challenges for 2023

Advanced’s understanding of how technology can effectively tackle issues surrounding profitability, talent retention and acquisition, as well as hybrid working and ever-changing client needs.

Advanced||

Despite the pressures of recovering from the pandemic, demand of global law firm services increased in 2022. But with economic challenges on the horizon likely to affect consumer confidence, there is the possibility that demand has peaked.

If you include rising costs of talent acquisition, and a changing office environment towards hybrid working patterns in teams and across firms, there are several major challenges that law firms must address – not least ensuring that you are able to do more with less.

In this whitepaper, we provide insights on the biggest challenges that law firms face in 2023, and how you can leverage technology as a strategic tool to manage your firm through those challenges throughout the year.

AI Lab: Digital dictation for a global law firm

AL Lab — global law firm | Kerv |
Kerv designed a digital dictation platform built directly in Microsoft Teams and harnessing Whisper AI, an advanced speech-recognition model that detects and formats punctuation, understands legal-specific terminology, and adapts to different speaking styles

UK law firms’ focus shifting to value, efficiency and productivity

| Thomson Reuters |
Clients are under increasing budgetary pressures, which is driving a demand for cost certainty, further feeding the desire for value-based services