Law firm Kirkland to spend $500 million developing its own AI platform
By Mike Scarcella WASHINGTON, May 28 (Reuters) – U.S. law firm Kirkland & Ellis said it is devoting $500 million of its revenue to developing a custom AI platform, accelerating a spending race on the technology in the legal industry. Kirkland, with self-reported revenue of $10.6 billion last year, said on Thursday it would invest the funds over the next three to four years, starting with $100 million in 2026. […]