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Professional Insights - Industry Insights

June 10, 2025
AI in consulting: How AI will change the professional services industry

AI in consulting: How AI will change the professional services industry

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...

May 29, 2025
How Financial Institutions Are Streamlining Research and Reducing Risk

How Financial Institutions Are Streamlining Research and Reducing Risk

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Whether you’re vetting a potential acquisition, assessing third-party risk, or navigating regulatory obligations, outdated tools and fragmented information sources can create costly delays or expose your firm to unnecessary risk.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...

May 28, 2025
Why Consulting Firms Must Adapt or Risk Falling Behind

Why Consulting Firms Must Adapt or Risk Falling Behind

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...

May 23, 2025
How Generative AI is Redefining Productivity for Consulting Firms

How Generative AI is Redefining Productivity for Consulting Firms

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...

May 22, 2025
How AI is Changing Banking: Why Investment Banks are Using GenAI for a Creative Edge

How AI is Changing Banking: Why Investment Banks are Using GenAI for a Creative Edge

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...

May 20, 2025
How Generative AI is Making Research More Efficient

How Generative AI is Making Research More Efficient

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...

May 20, 2025
How AI is Changing the World of PR

How AI is Changing the World of PR

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...

May 19, 2025
Driving Adoption: How Consulting Firms Can Manage Change and Overcome GenAI Resistance

Driving Adoption: How Consulting Firms Can Manage Change and Overcome GenAI Resistance

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...

May 16, 2025
5 Ways GenAI is Reshaping Day-to-Day Consulting Work

5 Ways GenAI is Reshaping Day-to-Day Consulting Work

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...

May 16, 2025
Accelerating PR Tasks with AI

Accelerating PR Tasks with AI

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...

April 23, 2025
AI Literacy: How to Prepare Your Students for the Workforce in an Age of Rapidly Evolving AI Tools

AI Literacy: How to Prepare Your Students for the Workforce in an Age of Rapidly Evolving AI Tools

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...

April 22, 2025
Leading the Charge: How Nexis Uni is Making Strides to Improve Accessibility

Leading the Charge: How Nexis Uni is Making Strides to Improve Accessibility

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...

April 21, 2025
Earth Day 2025: How Data-Driven Nonprofits Are Powering Environmental Impact

Earth Day 2025: How Data-Driven Nonprofits Are Powering Environmental Impact

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...

January 30, 2025
Ensuring Trusted Generative AI Responses with Retrieval Augmented Generation: The Importance of Pulling Original Sources

Ensuring Trusted Generative AI Responses with Retrieval Augmented Generation: The Importance of Pulling Original Sources

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. ...

January 29, 2025
What is RAG and Why Does It Matter for Trusted Generative AI?

What is RAG and Why Does It Matter for Trusted Generative AI?

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...

January 28, 2025
Navigating Financial Risk in a Fluctuating Economy

Navigating Financial Risk in a Fluctuating Economy

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...

January 24, 2025
Can AI Ease Compliance Officers’ Workloads?

Can AI Ease Compliance Officers’ Workloads?

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...

January 23, 2025
How are LLMs and Generative AI Changing the Future of Finding Insights from Data?

How are LLMs and Generative AI Changing the Future of Finding Insights from Data?

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...

January 23, 2025
AI-Driven Research: The Opportunities and Risks for Global Organizations

AI-Driven Research: The Opportunities and Risks for Global Organizations

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...

January 21, 2025
Navigating Economic Sanctions: Strategies for International Businesses

Navigating Economic Sanctions: Strategies for International Businesses

USA, Russia, EU, Europe, China and UAE are among many jurisdictions that have recently imposed economic sanctions on foreign companies and individuals, in response to alleged human rights violations, geopolitical tensions or breaches of international law. Any company operating internationally could face legal and financial penalties if they or their third party are found to be in breach of such sanctions. However, companies...

January 16, 2025
Financial Shocks and Business Resilience: Lessons for Managers

Financial Shocks and Business Resilience: Lessons for Managers

Financial shocks almost seem like business-as-usual for any company operating internationally in 2024-25. Recent shocks like sharply rising inflation, sudden economic sanctions, and military crises each have the potential to disrupt supply chains and prevent business operations/activity. Companies that have built up resilience are not only better equipped to overcome shocks and preserve their supply chains but can...

November 18, 2024
Six Criteria for Sourcing Credible Data to Power Better AI Initiatives

Six Criteria for Sourcing Credible Data to Power Better AI Initiatives

From machine learning to generative AI, the latest developments in AI technology offer a major competitive advantage to companies who can best apply them to their business’ challenges. But those benefits will only be realized if a firm’s AI initiatives are founded on credible and accurate data. In this blog, we explore how trusted data and technology can make your company more innovative. How to ensure...

November 15, 2024
Seven Steps to a Best Practice API-First Approach

Seven Steps to a Best Practice API-First Approach

Companies are increasingly moving to an API-first approach in which they start any AI or digital project by focusing on the API they will use to integrate the data required. In this blog, we look at the benefits of this approach and seven steps your company can follow to become API-first. The trend towards an API-first approach One of the clearest trends in corporate governance over the past decade is the move towards...

November 13, 2024
Trends and Tips for Moving your Mission Forward this Giving Season

Trends and Tips for Moving your Mission Forward this Giving Season

With the start of Giving Season just around the corner, we’ve pulled together some tips on trends and prospect research tricks to help you make the most of this year’s giving season and move your mission forward. After all, as Classy.org reports , non-profits acquire 10X more donors on Giving Tuesday compared to an average day and 30% of annual donations come in between Giving Tuesday and New Year’s...

November 05, 2024
Employee Retention Strategies for Nonprofits During Giving Season

Employee Retention Strategies for Nonprofits During Giving Season

Many people get started in nonprofits because they are very passionate about the cause. This means that the work is incredibly meaningful and can be very fulfilling. However, with funding and staffing limitations, the nonstop list of tasks, and passion for the cause, the sector sees a high rate of employee burn out. And of course, that issue becomes even larger during stressful periods like “Giving Season.”...