Professional
October 01, 2024 | Law.com
New Revenue Streams: Getting the right skills in place is essentialLearn 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 businessesLearn 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 WorkflowLegal 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 hurryIndustry 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 AILearn 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 AIA 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 AIOur 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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