UK Law Firms Begin to Embrace AI: Shifts in Billing and Efficiency on the Horizon
LONDON — A transformative wave, spurred by the advent of generative artificial intelligence (genAI), is beginning to ripple through the UK’s legal sector, according to a recent survey by LexisNexis. The comprehensive study, which canvassed opinions from over 800 lawyers, revealed a noticeable shift in attitudes towards the integration of AI technologies within legal practices, particularly concerning billing and operational efficiencies. The report indicates a growing willingness among private practice lawyers to reconsider traditional billing models in light of AI advancements. While 39% of respondents anticipate changes in how their firms will charge for services, … Read more