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The Tipping Point:
Why Financial Services Firms Are Migrating Legal Workflows to the Cloud

e-Book

Financial services firms store more data than any other industry, yet many legal teams still manage it through a patchwork of on-premises systems built for a different era. The result: routine matters become costly excavations, overproduction creates new risk, and an expanding set of cloud-native AI capabilities remains out of reach. In this e-book, developed in collaboration with KPMG, we examine what's driving the migration of legal workflows to the cloud, what has historically held it back, and how legal teams are saving time and money by leveraging AI capabilities native to the cloud.

What's inside:

• The five most persistent myths associated with cloud migration in financial services, weighed against the current evidence
• A look at the hidden costs of on-premises systems, from overproduction risk to infrastructure maintenance that delays legal work
• How cloud platforms enable legal teams to handle data requests with greater speed and precision, build institutional knowledge across matters, and scale to meet unpredictable demand
• Why proximity to data is not the same as control over it, and how cloud environments can deliver the audit trails, access logging, and data integrity documentation that regulators look for
• How the gap between legal teams using cloud-native AI and their on-premises peers widens with every new AI model update and release
• How legal teams are raising the bar with cloud-native AI capabilities: Building case chronologies spanning decades, launching a center of excellence for contract analysis serving every line of business, and creating an automated workflow to respond to frequent data subject access requests