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NextGen PSF Project

A project to understand the technological and behavioural barriers facing mid-sized law and accountancy firms, and suggest potential solutions

Understanding the transformative potential of AI involves looking at individual firms, the outcomes provided to clients, and the business processes and predictions that are deployed.

The project focuses on mid-sized firms as this is the segment where intervention is likely to have maximum impact on the continued success of the overall sector.

One of the biggest challenges with any research project is how best to engage with organisations that are not directly involved but could make a valuable contribution as the project progresses and/or benefit from the outcomes.

As only some 2% of eligible firms are likely to be directly involved in the project, the Forum has formed three AI consortia. Their primary purpose is to cascade knowledge from visionaries to pragmatists to conservatives. They will also inform the project and have committed to disseminate its findings.