Thomson Reuters Report Finds Persistent Gap Between Client Expectations and Law Firm AI Adoption
By
Stephen Embry
Summary
Thomson Reuters' 2024 Future of Professionals Report reveals a persistent gap between what in-house legal clients want from outside law firms and what they actually receive. Despite widespread discussion of AI's potential to transform the legal industry, law firms are not yet delivering the AI-powered efficiencies and innovations that clients expect. The report highlights a disconnect between firms' stated AI strategies and their day-to-day execution, with clients increasingly frustrated by the lack of tangible improvements in service delivery, cost efficiency, and technology adoption.
Source
Key quotes
· 3 pulledWhile many organizations we spoke with have articulated AI strategies, they are not reflected in the day-to-day experience of their teams, and the expected improvements have not yet materialized.
In-house counsel say they want more from outside counsel but don't demand it — and that reluctance is perpetuating the status quo.
The gap between what clients want and what law firms deliver is not new, but the stakes are higher now as AI promises to reshape the competitive landscape.
You might also wanna read
Senior Barrister Discusses AI's Transformative Impact on the Legal Profession
A senior English barrister speaks anonymously about how artificial intelligence is poised to fundamentally transform the legal profession. T
The Disconnect Between Legal Tech Vendors and Lawyer Needs
The article critiques the disconnect between legal tech vendors and the actual needs of lawyers, arguing that despite massive venture capita
The Ongoing Problem of AI-Generated False Citations in Court Filings
This article examines the persistent problem of lawyers submitting court filings containing AI-hallucinated case citations, despite increase
The Reality Gap: Disillusionment with AI Experts in Agency Environments
The article discusses disillusionment with 'AI experts' in agency settings, where AI has become ubiquitous but often lacks practical impleme
AI Adoption Rates Show Signs of Plateauing Across Business Sectors
Recent data from the Census Bureau and Ramp indicates that AI adoption rates are beginning to flatten out across all firm sizes, suggesting

LexisNexis CEO on the Company's Evolution from Legal Database to AI Platform
LexisNexis CEO Sean Fitzpatrick discusses how the legal research giant has evolved from a traditional case law database into an AI-powered p

Comments
Sign in to join the conversation.
No comments yet. Be the first.