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Navigating Technology Decisions in Law Firms
This chapter explores the strategic decision-making process for law firms in choosing to build or buy technology, considering factors like existing infrastructure, strategic goals, and innovation. The discussion delves into evolving definitions of 'build' and 'buy', the shift towards deploying LLMs through APIs, and the importance of leveraging technology for a competitive edge. It also touches on the necessity of digital transformation, changes in legal education, and regulatory support for legal professionals to adapt to the evolving legal landscape.