The evolution of GenAI presents a turning point for tax and legal professionals. This transformation extends far beyond simple automation, offering new paradigms for handling sophisticated tax and legal matters while maintaining high standards of accuracy and compliance.
As GenAI continues to advance, we expect a significant shift in how tax and legal professionals operate, with evolving roles and skill sets. Key predictions include:
Deloitte tax and legal's GenAI solutions are designed to optimize operations and drive efficiency. A flagship example is Tax Genie 2.0, a triple awarded platform with over 1,700 specialized workflows for tax, legal, and operational matters. The platform features an intuitive interface and workflow-based architecture, enabling professionals to leverage its capabilities without needing specialized technical skills.