Search Acumen reacts to the Industrial Strategy

, Managing Director at Search Acumen, says:

“It’s encouraging to see this Government recognise the transformative potential of tech adoption and innovation to digitally turbocharge our professional and business services sector (PBS).

“Digital fields such as LawTech and PropTech, which were on the margins only a few decades ago, are now poised to play a crucial role in solidifying the UK’s role as a global leader in advising industry and business.

“We’ve already begun to see that AI-powered automation is shaping the future of this sector. Our research also shows law firms are facing increasing work volumes, with average caseloads up nearly 8% per firm in the last financial year. To remain cost-efficient and competitive, the adoption of digital tools should be a business priority across all professional services companies.

“We remain committed to working with Government to champion the transformative power of digitalisation and overcoming tech deficits between larger and smaller firms, to ensure growth can spread across the whole of our sector.”