Ed Fletcher explains why the Knowledge Transfer Partnerships scheme can help businesses improve their productivity & competitiveness
Recent studies estimate that worldwide spending on the technologies and services that enable digital transformation will reach almost $2trn in 2022, with companies allocating 10% of their revenue to fuel their digital strategies. This suggests that more and more industries are recognising that the key to their ongoing success lies in the exploration of the latest digital trends and technologies, and that these must be factored into forward planning. The legal sector, usually perceived as one of the more traditional industries, is no exception, and is also starting to realise that time is not standing still, and innovation is crucial to its future success.
However, achieving this sort of innovation is no mean feat. For example, at Fletchers Solicitors we had long been keen to implement an AI-based project that would help to revolutionise the way we work and the level of service we provide to our customers. However, having explored the viability of doing
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