Al Tamimi & Company is making a groundbreaking move in the legal sector. With its partnership with Harvey, it has become the first law firm in the Middle East and North Africa (MENA) to adopt artificial intelligence (AI) to improve its services.
The MENA commercial law firm was originally founded in Sharjah, United Arab Emirates (UAE) in 1989. It has since expanded into 10 countries, boasting 17 offices and over 800 lawyers and legal professionals.
“This partnership reflects our commitment to embracing digital transformation and innovation, and to providing our clients with the best possible legal services in the region,” shared Samer Qudah in a statement. Quday is the managing partner of Al Tamimi & Company.
Additionally, he said, “We believe that AI will complement and augment our human expertise and experience, and enable us to deliver more value, quality and efficiency to our clients and stakeholders.”
Adopting AI
Al Tamimi & Company’s recently announced strategic partnership with Harvey will integrate advanced AI systems into the firm’s legal operations. Backed by OpenAI Startup Fund and Sequoia Capital, Harvey provides generative AI solutions tailored for the legal sector.
Harvey’s cutting-edge AI platform incorporates natural language processing, machine learning and data analytics. With these technologies, the law firm can streamline and augment various legal functions. In particular, these functions include contract assessment, due diligence, compliance, document creation and research.
Moreover, this deal will be an opportunity for the two to improve the platform’s Arabic language proficiency. Ultimately, the goal is to deliver legal services more efficiently and accurately to clients across various practice areas and industries.
Harvey CEO Gabriel Pereyra noted, “Continually improving our generative AI system requires dedicated partnerships with the world’s leading domain experts. We are delighted to partner with Al Tamimi & Company and to leverage their industry- and region-specific knowledge as we create advanced generative AI tools for law.”
Furthermore, Winston Weinberg, the co-founder and president of Harvey, echoed the same sentiment. “Our partnership with Al Tamimi & Company represents a unique opportunity to provide increasingly sophisticated and innovative generative AI tools to the legal industry,” he enthused.
Read: OpenAI introduces two new customizable and profitable products
AI’s impact in MENA
The legal sector is only one of the several sectors in the region that embraces AI. AI’s dominance in MENA is reflected in a recent PwC study, which projects that its economic impact could hit an impressive $320 billion by 2030. Overall, AI’s expected annual contribution to the region’s economy could increase by 20 to 34 percent each year.
Notably, the UAE stands out as a frontrunner. Estimates show that AI could contribute around 14 percent of the country’s GDP. This is the highest figure among other MENA countries.
Earlier in July, the Abu Dhabi government-backed technology holding group G42 teamed up with the US-based AI company Cerebras Systems. The two unveiled the “world’s largest supercomputer for AI training.” The network of nine interconnected supercomputers, which can substantially cut down the time required for training AI models, aims to tackle healthcare, energy and climate-related challenges through the power of AI.
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