Kirkland & Ellis, the world’s highest-grossing law firm, has earmarked $500m to build a proprietary AI platform rather than relying solely on tools available to competitors. Chair Jon Ballis told the FT the firm expects to spend over $100m this year and hundreds of millions more over three to four years, on top of continued third-party licensing. The platform, built by outside companies alongside Kirkland’s own engineers, will capture the “collective intelligence” of 250 lawyers and be owned entirely by the firm. Some 180 tech professionals are involved. Ballis said the move would accelerate a shift toward value-based pricing over billable hours, eating into partner profits short-term.
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