Navigating the impact of AI adoption on firms pricing: insights from Cyra Nargolwalla in a recent article by Managing IP

Cyra Nargolwalla, Managing Partner, is quoted in a Managing IP article discussing the impact of AI and other technologies’ adoption on firms pricing.

As intellectual property firms explore ways to leverage AI and other technologies for accelerating internal tasks and improving efficiency, questions about pricing strategies and fee structures emerge. Whether adjusting hourly rates or embracing fixed pricing, firms strive to balance client satisfaction with competitiveness in a dynamically evolving legal landscape.

While opinions vary on the potential reduction in service fees due to AI, Cyra Nargolwalla emphasizes that AI can automate tasks, leading to savings passed on to clients.

Read the article “EasyJet approach: firms prepare for fees review ahead of AI rollout”, written by Sukanya Sarkar (for subscribers only).