JAKARTA - PricewaterhouseCoopers (PwC), a large consulting firm, will provide its 4,000 lawyers with access to an Artificial Intelligence (AI) platform. PwC is the latest to introduce generative AI technology to legal work.
Partnering with Harvey for an initial 12-month contract, the startup's generative AI will help lawyers analyze contracts, due diligence, and other consulting and consulting services.
PwC alone will determine how tax professionals use the technology. Harvey is built on technology from OpenAI, a Microsoft-backed startup that recently released an upgraded version of ChatGPT, to GPT-4.
Harvey received a USD 5 million investment equivalent to IDR 76.7 billion last year in a funding round led by the OpenAI Startup Fund.
PwC emphasized that AI will not provide legal advice to its clients and will not replace the role of lawyers.
A PwC spokesperson said the company will use its own internal data, but may from time to time use anonymous data from clients for certain uses, but that access requires the client's prior permission.
This rule will also work with Harvey to create custom AI-based products and services. Other companies, law firms, and professional services firms are also starting to experiment with generative AI technologies.
Global law firm Allen & Overy last month also partnered with Harvey for the first time. The large London-based firm said its more than 3,500 lawyers will use the service to automate some of the drafting and research of legal documents.
Other legal technology companies are in a hurry to incorporate generative AI capabilities into products, as quoted by Reuters via US News, Friday, March 17.
Robin AI, a London-based firm focused on contracts, last month said it had integrated technology into its platform from OpenAI competitor Anthropic.
Likewise, Casetext, a legal research company, recently launched an AI legal assistant product built on the latest OpenAI model, GPT-4.
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