Global Director of Operations, Belfast-based Jason Marty, a member of the committee indicated that in the short-term the office will seek to establish partnerships with tech companies. Firms that take a proactive role and move with changing technologies in the long term will be the most successful,he said.McKenzie innovation committee is headquartered in Belfast and has members from Baker McKenzie offices worldwide. They will address the question of how the firm may offer the legal services using self-learning AI software. One of the first opportunities that would be explored would be self-learning software for due diligence, according to the website Legal Futures. This could cut down tasks by 20 to 40%, it suggests.
Global Director of Operations, Belfast-based Jason Marty, a member of the committee indicated that in the short-term the office will seek to establish partnerships with tech companies. Firms that take a proactive role and move with changing technologies in the long term will be the most successful, he said.
Marty founded the Firm's Global Services Belfast operation, an innovation hub two years ago. He said the firm considers itself as a leader across the main components of innovation in the legal industry - project management, technology, knowledge management, pricing, process engineering, and alternative staffing. The programme will brings these together.
Northern Ireland's legal services hub is evolving as a centre for innovation in Reg and Legal tech
Among the International Legal Process investors in NI are:
Citi’s Legal & Compliance divisions in Northern Ireland employing 300+ professionals providing document negotiation, legal control, trading support services, and compliance monitoring and reporting for global transaction services and markets trading businesses across EMEA.
Herbert Smith Freehills established its Belfast operation in 2011, initially focussing on large scale document-intensive aspects of litigation, arbitration and regulatory investigations. It has now grown into a worldwide Alternative Legal Services and e-Discovery capability of nearly 300 members. The scope of the business has also grown and it now also handles corporate due diligence and other commercial legal support including real estate asset management and due diligence for large property transactions.
Allen & Overy (A&O) employs over 400 staff in its legal and shared services centre in Belfast in delivering a range of business support functions and transactional and regulatory investigative services across multiple A&O offices.
Axiom Law’s 100+ person Belfast centre of excellence employs attorneys, paralegals and a range of professional staff in client-dedicated teams to deliver technology-enabled services to its multi-national client base.
Baker & McKenzie's NI hub was established in 2014. With over 100 staff already on board, Belfast is Baker & McKenzie’s second global services centre dedicated to middle and back office support services for practice groups including business and legal services. The Belfast centre facilitates round the clock services across time-zones and reduces the firm’s dependency on its existing centre in Manila.