2024 Investing in Legal Innovation Survey:
The Rise of GenAI at Top Firms & Corporations
LexisNexis® surveyed 266 leaders from large law firms and Fortune 1000 corporations to better understand their adoption, use, and planned investment in generative AI technology. Read the survey results for actionable generative AI insights.
70% Agree GenAI Adds Value
Large law firms believe generative AI will enable a variety of new value-added work for clients.
47% Agree GenAI Enables New Business
Large law firms are exploring new lines of business and new billable opportunities only possible because of generative AI.
90% Agree Investment Expected to Rise
Large law firms and corporations expect their investment in generative AI to increase over the next five years.
38% Hiring More Technologists
Am Law 200 firms expect to hire more data scientists and engineers to support generative AI initiatives this year.
What Every Managing Partner & C-Suite Leader Needs To Know About Generative AI
Watch four videos from the January 31, 2024 event. GenAI experts dive into the economic impact of integrating generative AI into legal practices. Learn how your organization can capitalize on its potential and the expectations clients have for legal generative AI tools.
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The New Legal Frontier
Learn about the current trends that will help capture the economic potential of GenAI.
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Navigating Opportunities: Finding Benefits in AI’s Growth
Gain insights into the implications for the legal profession of an AI-powered future.
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Legal Leaders & Early Adopters: Leveraging AI for Competitive Advantage
Hear how to gain a competitive advantage from the adoption of GenAI.
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Generative AI and the General Counsel Perspective
GC discussion of how the implementation of GenAI is changing legal departments.
Transform Your Legal Work
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