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that the collaboration aims to accelerate contract analysis and due diligence tasks by leveraging Harvey’s artificial intelligence technology. This partnership is another example of the growing interest in AI adoption among professional service firms, as they aim to enhance efficiency and automate tasks.Built on OpenAI’s GPT-4 technology, Harvey’s software demonstrates improved legal reasoning capabilities compared to previous AI models.
The partnership between PwC and Harvey is the latest example of professional service firms exploring AI technologies since the launch of theOther professional service firms, such as Bain & Co and Boston Consulting Group, are also experimenting with OpenAI. Allen & Overy, a law firm that already uses Harvey, maintains that the technology will not replace staff, reduce billable hours, or save money for the firm or its clients.
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