Monthly Archives: June 2016

Ailira – User Guide

Quick user introduction & instruction guide Ailira answers tax related questions posed in natural language. You should speak to her just as you would speak to another tax practitioner.  The more complex and specific the question is, the better the answer returned by Ailira. Just as "Tell me all about CGT and trusts" is a…
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Future of Law Part 3: Artificial Intelligence

It is wrong to think of AI as being a computerized human brain. It is not. Instead, AI is a collection of proxy ways of achieving a similar outcome to a human. The process of automation by AI begins with the movement of documents and services and analysis from bespoke to standardized, then systemized, then…
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Future of Law Part 2: Why Lawyer’s Aren’t Innovating and How They Can

What has held the legal profession back from change? In my view it is the following things: Existing firm incentives; The conservative nature of lawyers; and Lack of technology Firm incentives Disruptive innovation is by its nature difficult. Doing so within an existing firm is nearly impossible, as every part of the organisation that makes…
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Future of Law Part 1: Innovation and Distruption

There is pressure all around the world for lawyers to provide more services for less cost. There are more regulations and risks and disputes that require legal assistance, but clients are not willing to pay for it to be completed under the traditional manner. Clients look at their flat screen television and see how much…
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