Counsel Culture: The Business of Law Podcast
Counsel Culture is your weekly digest of the biggest news stories in the UK Legal Market, brought to you by Byfield.
Counsel Culture: The Business of Law Podcast
Can AI Solve the Value Gap in Law Firms? with Stefan Ciesla of Ayora
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Byfield
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Season 1
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Episode 61
This week Meg is joined by Stefan Ciesla, Co-founder of Ayora, a company that provides AI for legal revenue management. They discuss Ayora's report called "Addressing the $36bn value gap in law firms: a primer for innovative law firms" which claims that the legal industry is losing up to $36 billion a year due to sub-optimal revenue and working capital management. They also speak about how AI can help reduce that figure and its wider use in the legal industry.
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