Across the legal industry the need to proactively discover risk is about more than saving time and money — it’s about avoiding compliance headaches. A misstep has serious consequences.This is why you’re seeing law firms buy into AI and better eDiscovery tools that help serve their current clients better, and attract new business.
Not proactively mitigating risks in banking is a high-stakes game. A misstep could drum up serious compliance issues and lead to significant fines. Gartner estimates that up to 80% of enterprise data is unstructured. Within that data lies immense risk. This is why JPMorgan and Bank of America are earmarking millions annually for AI investments.