Thought Leadership
LexisNexis®︎ Bellwether 2023 Report
Building a bold and beautiful business strategy ‐ a report for small law firms and solo practitioners. To win new business and retain their existing portfolios, small law firms and solo practitioners know they need to evolve. But how far are they willing to push to build their businesses? In this latest LexisNexis ® Bellwether report, we investigate the client acquisition and retention strategies of small law...
Escaping the in-house legal labyrinth: using technology to demonstrate value
In-house legal counsel are under increasing pressure to deliver - and they believe legal technology is their silver bullet. Instead of looking to innovate across the board, the focal point for many is streamlining the simple, low-level tasks so there's more time to dedicate to strategic work. A short-term outlook means in-house legal departments risk getting stuck inside a legal labyrinth of their own making. In...
The pros and cons of the global law firm
An investigation into the technology, talent and services on offer at the world's largest law firms. A global law firm supposedly gives you access to the top legal minds and the top legal tools on the planet. But at a time of increased connectivity and access to information, does a global firm really offer anything you wouldn't get from a local outfit? In this report, we spoke with UK-based leaders in some...
2023 Survey Report: Generative AI & the Legal Profession
Generative AI Captures Imagination of Lawyers, Law Students, Consumers The first of its kind, LexisNexis released a survey completed by over 4,100 lawyers, law students, and consumers gauging current awareness of generative AI, use of generative AI tools in their workflow, and willingness to adopt generative AI tools for legal work. Download the 2023 Survey Report: Generative AI & the Legal Profession now. ...
Generative AI and what it means to you
Unlike its generative predecessors such as Midjourney and DALL-E 2, ChatGPT seems to have caught the interest and imagination of the mainstream. I’d initially held-off writing anything on the launch of ChatGPT due to the hype that accompanies these launches, but over a month later, it is still very much in the public consciousness. While it is still early days, ChatGPT represents a significant set forward in generative...
Artificial Intelligence in Legal Research and Practice: Trends, Risks and Opportunities
Artificial Intelligence (AI) has become an integral part of almost every legal professional of different industries. However, adopting AI into your daily workflow can be a daunting task. Why and how are legal experts using AI in their work, and what should you know before integrating it into your legal research? The most recent LexisNexis ® whitepaper, ' Artificial Intelligence in Legal Research and Practice ' answers...
How to Branch into a New Practice Area of the Law
Introducing our latest whitepaper - " How to branch into a new practice area of the law " Branching into a new practice area can be quite difficult. Lawyers need to ensure they are fully informed about the decision and take the right steps to make it happen. Download this complimentary article for an exploration of the various routes available for lawyers to branch into a new practice area, looking at upskilling...