Australia’s merger clearance process is undergoing significant reform, driven by longstanding concerns the current voluntary, informal regime does not sufficiently prevent anticompetitive mergers. After...
* The views expressed in externally authored materials linked or published on this site do not necessarily reflect the views of LexisNexis ® Legal & Professional. As AI is poised to transform workplaces...
* The views expressed in externally authored materials linked or published on this site do not necessarily reflect the views of LexisNexis ® Legal & Professional. Corporate legal departments are under...
Authored by Shaun Burmester, Legal Writer, Property, Practical Guidance One of the most significant overhauls in Queensland property law in over 50 years is set to take effect on 1 August 2025. The...
Authored by: By Sharon Givoni, General Editor of the Privacy Law Bulletin, Principal Lawyer, Sharon Givoni Consulting and Alec Christie, Partner, Head of Privacy Risk and Digital Law, Atmos Legal Australia...
The Total Economic Impact™ of LexisNexis® Lexis+ AI for Large Law Firms, a commissioned study conducted by Forrester Consulting on behalf of LexisNexis, May 2025, projects that large law firms could achieve a 344% return on investment (ROI) over three years by adopting Lexis+ AI—a pioneering legal technology solution developed by LexisNexis, designed to redefine how legal professionals conduct research, draft documents, and analyse legal content. The study outlines how AI can drive measurable business value through increased efficiency, improved client delivery, and enhanced profitability.
Key Findings from the Study
The study models a composite global law firm with 950 attorneys and 15 research staff, projecting the following three-year, risk-adjusted benefits:
“The Lexis+ AI products can increase the capacity of the firm, meaning that will either grow the top line or reduce the expense that the law firm requires to maintain the same business.”
— CIO, Large Law Firm (US$231M annual revenue)
Implications for Australian Law Firms
While the study focuses on North American firms, the findings are highly relevant to Australian legal sector, where firms face similar pressures to:
Lexis+ AI’s secure, enterprise-grade infrastructure and integration with trusted legal content make it a strong fit for firms operating in Australia.
A Strategic Investment, Not Just a Tech Upgrade
The study emphasises that Lexis+ AI is not a point solution—it is a platform-wide enhancement that supports attorneys across litigation, transactional, and research functions. Key use cases include:
*Report and findings derived from a study of USA based Large Law firms in 2025
You can download the full report here.