The power of AI and the ‘future of work’

According to the new Future of Jobs 2025 report from the World Economic Forum, AI and information processing technologies are expected to transform 86% of businesses – more than any other technology.

We are no longer in a “future of work” moment. We are in a present of rapid transformation and AI is at the centre of it.

By harnessing the power of AI, the legal/tax profession is undergoing a significant transformation, leading to greater efficiency, accuracy and accessibility in legal/tax services.

/AI tools are automating routine tasks such as document review, allowing legal and tax professionals to focus on more complex and strategic work.
/By reducing the time spent on mundane tasks, AI enables professionals to handle a larger volume of work more efficiently.
/AI systems can analyse vast amounts of data with increasing precision, reducing the likelihood of human error in work processes. This increased accuracy is particularly beneficial in areas such as due diligence and compliance.
/AI tools can analyse trends and patterns in data, providing valuable insights that inform decision-making processes. Lawyers and tax professionals are in position to leverage these insights to develop more effective strategies and anticipate potential issues before they arise.
/The integration of AI in the legal practice raises important ethical and regulatory questions, such as data privacy, bias in AI algorithms and the need for transparency. Legal and tax professionals must navigate these challenges to ensure that AI is used responsibly and in compliance with legal standards.

At Zepos & Yannopoulos, we dedicated significant time to piloting Large Language Models (LLMs) trained in legal and tax tasks. We now provide our people with multiple tools that are transforming how we work across our practices.

Our approach is not just about knowledge and performance; for us, it is another human resources topic. We strive to upskill our teams and ensure that our people get better and better in what they do. Moreover, we encourage the systematic use of the tools in place. We emphasise the importance of crafting high-quality prompts to maximise our tools’ potential and we promote experimentation with new uses to discover innovative ways to leverage such tools. Finally, we facilitate the sharing of best practices among users.

Keeping the human in the loop

Lex Mundi’s excellent Forward Think Tank report, published in March 2025, suggests, among other findings, that humans will continue to lead and develop the client relationship. Clients hire humans and the enhanced use of technology will in no way replace legal and tax professionals.

Human capital will still be focused on the high-value strategic work the client is ultimately seeking their trusted advisors to perform.

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