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beng
10 days ago
Legal Insights Blog
Thought Leadership
For In-House Counsel: 5 Essential Tips for Implementing AI In the Workplace
The emergence of Generative Artificial Intelligence (Gen AI) tools presents a transformational opportunity for companies to achieve greater efficiencies in their workflows, but it also presents new headaches for in-house counsel who are tasked with mitigating...
beng
1 month ago
Legal Insights Blog
Thought Leadership
March Madness Office Pools are Fun, But Are They Legal?
The annual NCAA men’s and women’s basketball tournaments will soon get underway, a time of excitement for college sports fans and an occasion for massive sports gambling in the U.S. Most of this wagering takes place in licensed casinos and...
beng
1 month ago
Legal Insights Blog
Thought Leadership
Biggest Law Firms Making Major Investments in Generative AI
By Geoffrey D. Ivnik, Esq. | Director Large Markets, LexisNexis Nearly all large law firms expect their investment in Generative Artificial Intelligence (Gen AI) technologies to increase over the course of the next five years, but a potential gap may...
beng
1 month ago
Legal Insights Blog
Thought Leadership
The Disconnect Between Law Firms and Clients on Use of Gen AI
By Geoffrey D. Ivnik, Esq. | Director Large Markets, LexisNexis Senior leaders at large law firms and executives in corporate legal departments are largely in agreement that Generative Artificial Intelligence (Gen AI) tools are likely to have a dramatic...
beng
24 days ago
Legal Insights Blog
Thought Leadership
Are Reports of the Billable Hour’s Death AI Generated?
By Geoffrey D. Ivnik, Esq. | Director of Large Markets, LexisNexis In 1897, when Mark Twain read his own obituary, he was said to have remarked, “reports of my death have been greatly exaggerated.” The billable hour seems to echo Twain’s...
beng
1 month ago
Legal Insights Blog
Thought Leadership
Integrating Generative AI into a Lawyer’s Workflow
By Geoffrey D. Ivnik, Esq. | Director of Large Markets, LexisNexis Legal AI — Gen AI tools trained for the legal profession — is transforming the practice of law right now, enabling lawyers at firms who are adopting these tools to draft...
beng
24 days ago
Legal Insights Blog
Thought Leadership
Law Firms Need to “Fail Fast” When Implementing an AI Strategy
By Geoffrey D. Ivnik, Esq. | Director of Large Markets, LexisNexis Law firms may have been a bit cautious about the emergence of generative artificial intelligence (Gen AI) technology, but they are quickly acquiring Gen AI tools and trying to figure...
beng
1 month ago
Legal Insights Blog
Thought Leadership
3 ways AI can help draft legal documents faster
Last year we conducted the most extensive international legal profession study of generative AI and its potential impact on the practice of law, surveying 7,950 lawyers, law students and consumers across the U.S., U.K., Canada and France. Our study found...
beng
1 month ago
Legal Insights Blog
Thought Leadership
Law Firms Pursuing New Lines of Business Due to Emergence of Gen AI
By Geoffrey D. Ivnik, Esq. | Director of Large Markets, LexisNexis Nearly one-half of law firms are exploring new billable opportunities and developing potential new lines of business made possible by Generative Artificial Intelligence (Gen AI) technologies...
Sherica Celine
11 days ago
Legal Insights Blog
Thought Leadership
Tech Innovation with LLMs Producing More Secure and Reliable Gen AI Results
By Serena Wellen | Senior Director of Product Management, LexisNexis The introduction of Generative Artificial Intelligence (Gen AI) tools specifically designed for the legal profession is stirring animated conversations about the potential for these...
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