Geoffrey D Ivnik Esq At Lexisnexis Legal

October 01, 2024 | Law.com

New Revenue Streams: Getting the right skills in place is essential

Learn how adoption of generative artificial intelligence (Gen AI) technology in the legal profession is having an impact on all areas of law firm operations.

By Geoffrey D. Ivnik, Esq. at LexisNexis Legal & Professional

5 minute read

September 03, 2024 | Law.com

New Revenue Streams: Transform unprofitable practices into thriving businesses

Learn how Gen AI can help lawyers to transform unprofitable practices into new revenue streams.

By Geoffrey D. Ivnik, Esq. at LexisNexis Legal & Professional

4 minute read

August 01, 2024 | Law.com

Trust me I'm a legal AI: Can the legal profession close the 'trust gap' with Gen AI?

Discover how law firms can take some basic steps to build their lawyers' and their clients' confidence in Legal AI tools

By Geoffrey D. Ivnik, Esq. at LexisNexis Legal & Professional

5 minute read

July 01, 2024 | Law.com

Integrating Generative AI into a Lawyer's Workflow

Legal AI — Gen AI tools trained for the legal profession — is transforming the practice of law right now, enabling lawyers at firms who are adopting these tools to draft legal documents faster than ever

By Geoffrey D. Ivnik, Esq. at LexisNexis Legal & Professional

3 minute read

June 03, 2024 | Law.com

Law firms hiring AI talent better hurry

Industry experts emphasize the urgent need for law firm leaders to invest in AI technologies and recruit, hire, and develop skilled AI technologists.

By Geoffrey D. Ivnik, Esq. at LexisNexis Legal & Professional

4 minute read

May 06, 2024 | Law.com

Meeting Efficiency Expectations of Corporate Clients with Gen AI

Learn how Gen AI is revolutionizing legal workflows, specifically in meeting the efficiency expectations of corporate clients.

By Geoffrey D. Ivnik, Esq. at LexisNexis Legal & Professional

4 minute read

April 23, 2024 | Law.com

AI vs. Legal AI, What's The Difference?

Open-web AI tools amazed users while tech-savvy lawyers began dreaming of uses for this new technology like drafting client emails to summarizing lengthy documents for a brief. It didn't take long before lawyers learned that these open-web AI tools were not suited for the legal environment.

By Geoffrey D. Ivnik, Esq. at LexisNexis Legal & Professional

4 minute read

March 26, 2024 | Law.com

Are Reports of the Billable Hour's Death AI Generated?

Longtime members of the legal profession can attest there is at least one more thing that could take its place alongside death and taxes on the list of life's inevitabilities: Forecasts predicting the demise of the billable hour.

By Geoffrey D. Ivnik, Esq. at LexisNexis Legal & Professional

5 minute read

March 25, 2024 | Law.com

Law Firms Pursuing New Lines of Business Due to Emergence of Gen AI

A recent survey found that 53% of Am Law 200 firms have already purchased "Legal AI" tools (Gen AI tools developed specifically for the legal industry) and that 45% of Am Law 200 firms are using Gen AI now for legal matters.

By Geoffrey D. Ivnik, Esq. at LexisNexis Legal & Professional

3 minute read

March 22, 2024 | Law.com

The Disconnect Between Law Firms and Clients on Use of Gen AI

Our survey found that a similar share of law firm leaders (75%) and corporate legal executives (81%) have used Gen AI tools themselves, and roughly the same number of senior executives expect their investments in Gen AI technologies to increase either "significantly" or "modestly" over the next five years (90% in law firms, 86% in corporations).

By Geoffrey D. Ivnik, Esq. at LexisNexis Legal & Professional

3 minute read

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