Generative AI is widely predicted to transform almost every industry and use case, and companies spent more than $20 billion on the technology last year. But it also exposes these firms to new risks if not implemented strategically. In this blog, we will explain how the Retrieval Augmented Generation (RAG) technique enhances generative AI helps to mitigate these risks and deliver more accurate, relevant and trustworthy...
Artificial intelligence (AI) offers an incredible amount of opportunity from enhancing productivity to managing information. But, because AI "learns" from the data you give it, it's critical to develop an ethical approach to using the technology. When AI is adopted without an intentional ethics and governance strategy, you risk bad data outcomes, privacy breaches, and project failure. In this article,...
Nearly 9/10 executives consider investing in AI and data to be a top priority for their company. But 8/10 of those initiatives are likely to end in failure. In this post, we explore the key reasons behind why so many AI projects don't achieve success and how to beat the odds. Download the Free Credible AI Toolkit 8 common obstacles to AI success “Move fast and break things” was Facebook’s...
Crypto is influencing how and who gives The Giving Block, a crypto fundraising platform for nonprofits and donors, reported in its 2025 Annual Report on Crypto Philanthropy, that over $1 billion in cryptocurrency was donated to nonprofits in 2024 alone , marking the highest year on record for crypto philanthropy. With billions in digital assets flowing into the nonprofit space, crypto gifts have emerged as both an opportunity...
The Promise of AI-Powered Consulting Workflows AI-powered consulting workflows are transforming the way management consultants operate—not just by accelerating tasks, but by reshaping entire processes. From onboarding new hires to preparing for high-stakes client meetings, intelligent digital agents are becoming behind-the-scenes partners. But what does this transformation look like in practice? In this blog...
Artificial intelligence (AI) agents are the next critical step for any AI-savvy PR & communications firm. Generative AI has already transformed how PR & communications teams write, summarize, and brainstorm. But agentic AI goes beyond tools to create systems that can process information, make decisions, and cat. Unlike chatbots or prompt-based assistants, AI agents don’t wait for instructions. And they’re...
As an industry, management consulting is primed to take the lead in AI adoption. Our report, Setting the Pace: How Management Consultants are Leading the GenAI Revolution shows that a staggering 80% of management consultants are already embracing these tools in their daily work. But it’s not enough to embrace the current technology—consultants need to keep an eye on the future. At LexisNexis , we understand...
Running a nonprofit takes more than passion—it takes insight. From identifying potential donors to evaluating program outcomes, data plays a critical role in making informed decisions that truly move your mission forward. But let’s face it: nonprofit professionals already wear too many hats. You didn’t go into nonprofit work to spend all your time with numbers. Fortunately, artificial intelligence...
Smarter Research, Stronger Returns: Why Financial Services Leaders Are Rethinking Their Approach to Risk and Due Diligence Whether you’re vetting a potential acquisition, assessing third-party risk, or navigating regulatory obligations, outdated tools and fragmented information sources can create costly delays or expose your firm to unnecessary risk. As a way of avoiding such risks and delays, leading financial...
As a consulting partner , you're used to being ahead of the curve. You’ve built your practice and your reputation on your ability to spot shifts early and act decisively. But the nature of those shifts is evolving—and so are the stakes. Generative AI isn’t just another technology trend to monitor; it is one to act on. The technology is fundamentally changing how consulting work gets done, how...
In consulting, firms aren’t just adopting genAI, they’re using it to change what productivity means. The report, Setting the Pace: How Management Consultants Are Leading the GenAI Revolution , reveals that 56% of consultants now save 3–4 hours daily using genAI—a figure that towers over results for financial (34%) and technology (31%) industries. But for Knowledge Management and Data Strategy...
Innovation in investment banking has traditionally focused on speed, scale, and quantitative precision. But as generative AI (genAI) gains traction, a new focus is entering the equation: creativity. Creativity is emerging as a key driver of differentiation, especially when paired with data and applied through genAI tools . A Creative Shift in a Historically Analytical Industry New research from the LexisNexis Future...
For professional services firms like management consultants, market researchers, and IT services, performing quality research is essential but time-consuming. Fortunately, new generative AI tools can automate many research tasks to increase efficiency. According to our report, Setting the Pace: How Management Consultants are Leading the genAI Revolution , 80% of management consultants are already using generative AI tools...
It’s no secret that artificial intelligence (AI) is leaving its mark on just about every industry — and public relations is right in the middle of that transformation. What might have started as a buzzword just a few years ago has now become an everyday tool for many communications professionals. From automating tedious tasks to delivering insights at lightning speed, AI isn’t just a shiny new gadget...
The promise of generative AI in consulting is clear: streamlined research, faster proposal development, and more time for strategic thinking. But as many firms are discovering, realizing that promise at scale requires more than just rolling out a new tool. According to our recent Future of Work report on genAI adoption in management consulting , Setting the Pace: How Management Consultants Are Leading the GenAI Revolution...
By now, it’s highly likely that at least some conversation around generative AI has entered your professional life in consulting. Whether through client conversations, internal pilots, or vendor tools, most consultants have had some exposure to genAI. But awareness alone isn't enough. The real differentiator lies in how it's being used—and by whom . According to our latest research, Setting the Pace...
AI isn't just a buzzword anymore — it’s a practical tool that’s transforming how PR teams get their work done. If you’re in communications, media relations, or reputation management, you already know the pressure: more content, faster responses, tighter budgets, and an ever-growing list of channels to manage. The modern PR landscape demands speed, precision, and creativity — all at once...
Artificial Intelligence (AI) has already had a significant impact in academia and educational environments. It has introduced many advantages such as personalized learning experiences and chatbots to assist students and faculty with quick access to information. However, as AI tools continue to become widely available, they bring forward challenges and concerns that must urgently be addressed. Imagine a student submits...
Accessibility in technology is essential and cannot be viewed as simply an additional feature . Imagine a visually impaired student struggling to navigate an online research database because the text - to - speech function doesn’t work properly. Or a student with mobility challenges unable to use a platform because it lacks keyboard navigation. Unfortuna tely, these barriers are all too common when it comes to technology...
Each year on April 22, Earth Day inspires individuals, governments, and organizations to reflect on their role in protecting the planet. But for many mission-driven nonprofits, Earth Day is a call to action with the support of one of the nonprofit sector’s most powerful tools – data. To stand out and deliver impactful results, nonprofits need credible, trustworthy data to guide their strategies and measure...
Generative AI’s potential for companies is well-known, but the technology can create new risks if it is not powered by original and trustworthy data sources. In this blog, we explore those risks; highlight best practices around pulling data for generative AI using a Retrieval Augmented Generation (RAG) technique; and suggest the key questions to ask your data provider for a trustworthy and effective approach. ...
The global economy in 2025 will be characterized by fluctuations in inflation, material costs and growth rates across different jurisdictions. Only organizations that can identify and manage these risks will be able to successfully navigate this challenging economic environment. In our latest blog, we summarize the main financial trends and how organizations should respond to them. Three economic trends to watch in...
New human rights due diligence legislation. Emerging AI regulations. Stricter financial crime directives. These developments and more should leave organizations in no doubt that their reporting requirements have become more onerous than ever in 2025. In our latest blog, we look at how compliance officers are overcoming this challenge by leveraging AI to produce more reports in less time. We also explore how a Responsible...
Large Language Models and generative AI tools have transformed the way organizations bring order to the vast amount of online and offline data available. AI can narrow down this data universe to a concise summary of only the most relevant results, which allows organizations to generate insights that would not have been possible through manual searches. In our latest blog, we explain how a Responsible AI approach can...
Analysts, compliance officers and academic researchers are using AI tools to make their research process more efficient and find new insights from large volumes of data. In our latest blog, we look at some of the main ways AI is transforming research, and explain why a Responsible AI model is the best way to overcome the risks of the technology. New possibilities for researchers in the age of AI Research is a critical...