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Submitted URL: http://bit.ly/4bMBqvP
Effective URL: https://www.lexisnexis.com/community/insights/legal/b/thought-leadership/posts/integrating-generative-ai-into-a-lawyer-s-wo...
Submission: On February 27 via manual from US — Scanned from DE
Effective URL: https://www.lexisnexis.com/community/insights/legal/b/thought-leadership/posts/integrating-generative-ai-into-a-lawyer-s-wo...
Submission: On February 27 via manual from US — Scanned from DE
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<a href="https://www.lexisnexis.com/community/insights/legal/b/thought-leadership/posts/are-reports-of-the-billable-hour-s-death-ai-generated" class="text-color-blue">February 23, 2024</a>
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<a href="https://www.lexisnexis.com/community/insights/legal/b/thought-leadership/posts/are-reports-of-the-billable-hour-s-death-ai-generated" class="text-color">Are Reports of the Billable Hour’s Death AI Generated?</a></h4>
<p class="text-color">By Geoffrey D. Ivnik, Esq. | Director of Large Markets, LexisNexis In 1897, when Mark Twain read his own obituary, he was said to have remarked, “reports of my death have been greatly exaggerated...</p>
<a href="https://www.lexisnexis.com/community/insights/legal/b/thought-leadership/posts/law-firms-need-to-fail-fast-when-implementing-an-ai-strategy" class="text-color-blue">February 23, 2024</a>
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<p class="text-color">By Geoffrey D. Ivnik, Esq. | Director of Large Markets, LexisNexis Law firms may have been a bit cautious about the emergence of generative artificial intelligence (Gen AI) technology, but they are quickly...
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<a href="https://www.lexisnexis.com/community/insights/legal/b/thought-leadership/posts/integrating-generative-ai-into-a-lawyer-s-workflow" class="text-color-blue">February 16, 2024</a>
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<a href="https://www.lexisnexis.com/community/insights/legal/b/thought-leadership/posts/integrating-generative-ai-into-a-lawyer-s-workflow" class="text-color">Integrating Generative AI into a Lawyer’s Workflow</a></h4>
<p class="text-color">By Geoffrey D. Ivnik, Esq. | Director of Large Markets, LexisNexis Legal AI — Gen AI tools trained for the legal profession — is transforming the practice of law right now, enabling lawyers...</p>
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<p class="text-color">By Geoffrey D. Ivnik, Esq. | Director of Large Markets, LexisNexis Nearly one-half of law firms are exploring new billable opportunities and developing potential new lines of business made possible by...</p>
<a href="https://www.lexisnexis.com/community/insights/legal/b/thought-leadership/posts/march-madness-office-pools-are-fun-but-are-they-legal" class="text-color-blue">February 12, 2024</a>
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<p class="text-color">The annual NCAA men’s and women’s basketball tournaments will soon get underway, a time of excitement for college sports fans and an occasion for massive sports gambling in the U.S. Most of...</p>
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<h1 class="text-color">Integrating Generative AI into a Lawyer’s Workflow</h1>
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<span class="date">February 16, 2024 </span>
<span class="postreadtime"> (2 min read)</span>
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<p><strong>By </strong><strong>Geoffrey D. Ivnik, Esq. | </strong><strong>Director of Large Markets, LexisNexis</strong></p>
<p>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, according to panelists
at one of the featured sessions during a recent <em>Wall Street Journal</em> event for law firm managing partners that was sponsored by LexisNexis.</p>
<p>“Generative AI creates efficiencies, it allows for automation, it essentially allows us to do what we as lawyers want to do more than anything else, which is really excel at the expert judgment layer and application of how we
work,” said Ilona Logvinova, managing counsel and head of innovation for McKinsey Legal. “The question is, where can you inject automation into your workflow as lawyers?”</p>
<p>New survey data illustrates that law firm leaders are already moving down this road by leveraging Gen AI for improved legal drafting support.</p>
<p>The LexisNexis <strong><a href="http://www.lexisnexis.com/genai">2024 Investing in Legal Innovation Survey: The Rise of Gen AI at Top Firms & Corporations</a></strong>, surveyed managing partners and other senior leaders at
large law firms, as well as executives in corporate legal departments at Fortune 1000 companies, to better understand the business impact of Gen AI technology on the legal industry. Our survey found that 39% of law firm leaders
named “drafting documents” as one of the ways their firms plan to use AI technology, the third most popular use case cited.</p>
<p>The panelists at the <em>Wall Street Journal</em> event noted that Legal AI delivers tremendous new efficiencies in legal drafting but does not substitute technology in the place of humans. Rather, it serves as a drafting
assistant and merely modifies the lawyer’s role from being a “drafter” to being an “editor” of form-driven legal documents by providing them with a much better starting point.</p>
<p>For example, a <strong><a href="/en-us/products/lexis-plus-ai.page">Legal AI tool</a></strong> can instantly produce rough drafts of legal memos, cease and desist letters, contract clauses and client communications — all from a
simple initial user prompt — that are grounded in authoritative legal content. In essence, the Gen AI technology helps to reduce the manual work involved in creating these documents and then allows the lawyer to apply their
reasoning and legal judgment to refine the final product.</p>
<p>“Clients hire an attorney for the attorney’s knowledge, experience, and ability to interpret and apply legal precedent,” <strong><a href="/html/lexisnexis-generative-ai-story/">said Joel Murray</a></strong>, an attorney with
McKean Smith in Portland, Oregon. “If properly developed, AI can be another means by which attorneys can increase their productivity and obtain optimal results for clients.”</p>
<p>A growing number of law firms are making investments now in Gen AI tools built specifically for the legal profession. Our
<strong><a href="http://www.lexisnexis.com/genai">2024 Investing in Legal Innovation Survey: The Rise of Gen AI at Top Firms & Corporations</a></strong> found that 53% of Am Law 200 firms have already purchased Legal AI
tools and that 45% of Am Law 200 firms are using Gen AI now for legal matters.</p>
<p>This article was based on one of the panel discussions at the <em>Wall Street Journal</em> event, “What Every Managing Partner & C-Suite Leader Needs to Know About Legal AI,” which took place on January 31<sup>st</sup> in
New York City. Watch the entire session, <strong><a href="/genai">Navigating Opportunities: Finding Benefits in AI Growth</a></strong>, for more insights from industry leaders.</p>
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<i class="flag flag-icon-background flag-icon-cn"></i>
<span>China</span>
</a>
</li><!---->
<li ng-repeat="country in countrySite.country">
<a ng-href="//www.lexisnexis.com.hk/" target="_blank" href="//www.lexisnexis.com.hk/">
<i class="flag flag-icon-background flag-icon-hk"></i>
<span>Hong Kong</span>
</a>
</li><!---->
<li ng-repeat="country in countrySite.country">
<a ng-href="//www.lexisnexis.co.in/" target="_blank" href="//www.lexisnexis.co.in/">
<i class="flag flag-icon-background flag-icon-in"></i>
<span>India</span>
</a>
</li><!---->
<li ng-repeat="country in countrySite.country">
<a ng-href="//www.lexisnexis.jp/" target="_self" href="//www.lexisnexis.jp/">
<i class="flag flag-icon-background flag-icon-jp"></i>
<span>Japan</span>
</a>
</li><!---->
<li ng-repeat="country in countrySite.country">
<a ng-href="//www.lexisnexis.kr/" target="_self" href="//www.lexisnexis.kr/">
<i class="flag flag-icon-background flag-icon-kr"></i>
<span>Korea</span>
</a>
</li><!---->
<li ng-repeat="country in countrySite.country">
<a ng-href="//www.lexisnexis.com.my/" target="_blank" href="//www.lexisnexis.com.my/">
<i class="flag flag-icon-background flag-icon-my"></i>
<span>Malaysia</span>
</a>
</li><!---->
<li ng-repeat="country in countrySite.country">
<a ng-href="//www.lexisnexis.co.nz/" target="_self" href="//www.lexisnexis.co.nz/">
<i class="flag flag-icon-background flag-icon-nz"></i>
<span>New Zealand</span>
</a>
</li><!---->
<li ng-repeat="country in countrySite.country">
<a ng-href="http://www.lexisnexis.com.ph/" target="_self" href="http://www.lexisnexis.com.ph/">
<i class="flag flag-icon-background flag-icon-ph"></i>
<span>Philippines</span>
</a>
</li><!---->
<li ng-repeat="country in countrySite.country">
<a ng-href="http://www.lexisnexis.com.sg/" target="_self" href="http://www.lexisnexis.com.sg/">
<i class="flag flag-icon-background flag-icon-sg"></i>
<span>Singapore</span>
</a>
</li><!---->
<li ng-repeat="country in countrySite.country">
<a ng-href="//www.lexisnexis.com.tw/" target="_self" href="//www.lexisnexis.com.tw/">
<i class="flag flag-icon-background flag-icon-tw"></i>
<span>Taiwan</span>
</a>
</li><!---->
</ul>
</li><!---->
</ul>
</div><!---->
</div>
<!---->
<div class="contact-details" ng-hide="loader" ng-if="footer.type !== 'mini-footer'">
<!---->
<div ng-repeat="contact in footer.contactus" class="px-4">
<div class="contact-wrap">
<h3 class="mb-4">CONTACT SALES</h3>
<!----><span ng-repeat="contactItem in contact.links" ng-init="contactItemIndex = $index">
<a href="tel:888-285-3947" class="btn btn-outline-dark btn-lg mb-4" ng-class="{'mb-4':(contactItemIndex == 0)}" target="_self">
<span class="icon-wrapper" icon-stroke-width="3" icon-stroke-color="grey-dark">
<img ng-src="/icon/global/contact.svg" src="/icon/global/contact.svg">
</span>888-AT-LEXIS
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</span><!----><span ng-repeat="contactItem in contact.links" ng-init="contactItemIndex = $index">
<a href="/sites/en-us/contact-us/contact-us-rep.page" class="btn btn-outline-dark btn-lg" ng-class="{'mb-4':(contactItemIndex == 0)}" target="_self">
<span class="icon-wrapper" icon-stroke-width="3" icon-stroke-color="grey-dark">
<img ng-src="/icon/global/doc-search.svg" src="/icon/global/doc-search.svg">
</span>ONLINE FORM
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</div><!---->
<div ng-repeat="contact in footer.contactus" class="px-4">
<div class="contact-wrap">
<h3 class="mb-4">CONTACT SUPPORT</h3>
<!----><span ng-repeat="contactItem in contact.links" ng-init="contactItemIndex = $index">
<a href="tel:800-543-6862" class="btn btn-outline-dark btn-lg mb-4" ng-class="{'mb-4':(contactItemIndex == 0)}" target="_self">
<span class="icon-wrapper" icon-stroke-width="3" icon-stroke-color="grey-dark">
<img ng-src="/icon/global/contact.svg" src="/icon/global/contact.svg">
</span>800-543-6862
</a> <!----><br ng-if="contactItemIndex == 0"><!---->
</span><!----><span ng-repeat="contactItem in contact.links" ng-init="contactItemIndex = $index">
<a href="//lexisnexis.custhelp.com/app/answers/answer_view/a_id/1089006" class="btn btn-outline-dark btn-lg" ng-class="{'mb-4':(contactItemIndex == 0)}" target="_blank">
<span class="icon-wrapper" icon-stroke-width="3" icon-stroke-color="grey-dark">
<img ng-src="/icon/global/doc-search.svg" src="/icon/global/doc-search.svg">
</span>SUPPORT PAGE
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<div ng-repeat="contact in footer.contactus" class="px-4">
<div class="contact-wrap">
<h3 class="mb-4">SECURITY FREEZE</h3>
<!----><span ng-repeat="contactItem in contact.links" ng-init="contactItemIndex = $index">
<a href="tel:800-456-6004" class="btn btn-outline-dark btn-lg mb-4" ng-class="{'mb-4':(contactItemIndex == 0)}" target="_self">
<span class="icon-wrapper" icon-stroke-width="3" icon-stroke-color="grey-dark">
<img ng-src="/icon/global/contact.svg" src="/icon/global/contact.svg">
</span>800-456-6004
</a> <!----><br ng-if="contactItemIndex == 0"><!---->
</span><!----><span ng-repeat="contactItem in contact.links" ng-init="contactItemIndex = $index">
<a href="https://consumer.risk.lexisnexis.com/freeze" class="btn btn-outline-dark btn-lg" ng-class="{'mb-4':(contactItemIndex == 0)}" target="_blank">
<span class="icon-wrapper" icon-stroke-width="3" icon-stroke-color="grey-dark">
<img ng-src="/icon/global/doc-search.svg" src="/icon/global/doc-search.svg">
</span>SERVICE PORTAL
</a> <!---->
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</div><!---->
<!---->
<div class="chat px-4" ng-if="footer.type !== 'mini-footer'">
<div class="contact-wrap">
<!---->
<p class="m-0">
<span class="online-data" ng-bind-html="footer.chat.onlinedata.desc">Visit our <a href="//www.lexisnexis.com/en-us/training/default.page">Training & Support Center</a> for how-to videos, product demos, FAQs, and
more.</span>
<span class="offline-data" ng-bind-html="footer.chat.offlinedata.desc">Please visit our <strong><a href="https://www.lexisnexis.com/en-us/training/default.page">Training & Support Center</a></strong> or
<strong><a href="https://www.lexisnexis.com/en-us/contact-us/contact-us-rep.page">Contact Us</a></strong> for assistance</span>
</p>
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<div ng-show="loader" class="loader ng-hide">
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<div class="footer-links px-4" ng-hide="loader" ng-if="(footer.type == 'mini-footer' && footer.variation == 'links') || (footer.type !== 'mini-footer')">
<ul>
<!----><!---->
<li class="" ng-repeat="sitelink in footer.sitelinks" ng-if="sitelink.category && (sitelink.category.links.length > 0)">
<!---->
<h3 ng-if="sitelink.category.heading">ABOUT US</h3><!---->
<ul>
<!---->
<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="/en-us/about-us/about-us.page" target="_self" href="/en-us/about-us/about-us.page">
<!---->
<span ng-bind-html="linkItem.label" class="">Our Company</span>
</a>
</li><!---->
<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="/en-us/about-us/leadership/global-leadership/global-leadership.page" target="_self" href="/en-us/about-us/leadership/global-leadership/global-leadership.page">
<!---->
<span ng-bind-html="linkItem.label" class="">Our Leadership</span>
</a>
</li><!---->
<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="/en-us/about-us/careers.page" target="_self" href="/en-us/about-us/careers.page">
<!---->
<span ng-bind-html="linkItem.label" class="">Careers at LexisNexis</span>
</a>
</li><!---->
<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="/en-us/about-us/media/overview.page" target="_self" href="/en-us/about-us/media/overview.page">
<!---->
<span ng-bind-html="linkItem.label" class="">News & Events</span>
</a>
</li><!---->
<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="/en-us/about-us/corporate-responsibility.page" target="_self" href="/en-us/about-us/corporate-responsibility.page">
<!---->
<span ng-bind-html="linkItem.label" class="">Our Values</span>
</a>
</li><!---->
<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="/en-us/rule-of-law/default.page" target="_self" href="/en-us/rule-of-law/default.page">
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<span ng-bind-html="linkItem.label" class="">Advancing the Rule of Law</span>
</a>
</li><!---->
</ul>
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<li class="" ng-repeat="sitelink in footer.sitelinks" ng-if="sitelink.category && (sitelink.category.links.length > 0)">
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<h3 ng-if="sitelink.category.heading">TOP PRODUCTS</h3><!---->
<ul>
<!---->
<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="/en-us/products/lexis-plus-ai.page" target="_self" href="/en-us/products/lexis-plus-ai.page">
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<span ng-bind-html="linkItem.label" class="">Lexis+ AI<sup>™</sup></span>
</a>
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<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="/en-us/products/lexis-plus.page" target="_self" href="/en-us/products/lexis-plus.page">
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<span ng-bind-html="linkItem.label" class="">Lexis+<sup>®</sup></span>
</a>
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<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="/en-us/products/lexis.page" target="_blank" href="/en-us/products/lexis.page">
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<span ng-bind-html="linkItem.label" class="">Lexis<sup>®</sup></span>
</a>
</li><!---->
<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="/en-us/products/practical-guidance.page" target="_self" href="/en-us/products/practical-guidance.page">
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<span ng-bind-html="linkItem.label" class="">Practical Guidance</span>
</a>
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<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="https://www.law360.com/" target="_self" href="https://www.law360.com/">
<!---->
<span ng-bind-html="linkItem.label" class="">Law360<sup>®</sup></span>
</a>
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<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="/en-us/products/nexis.page" target="_self" href="/en-us/products/nexis.page">
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<span ng-bind-html="linkItem.label" class="">Nexis<sup>®</sup></span>
</a>
</li><!---->
<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="/en-us/products/Lexis-Plus/litigation-analytics.page" target="_self" href="/en-us/products/Lexis-Plus/litigation-analytics.page">
<!---->
<span ng-bind-html="linkItem.label" class="">Litigation Analytics</span>
</a>
</li><!---->
<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="/en-us/products.page" target="_self" href="/en-us/products.page">
<!---->
<span ng-bind-html="linkItem.label" class="">VIEW ALL</span>
</a>
</li><!---->
</ul>
</li><!----><!----><!---->
<li class="" ng-repeat="sitelink in footer.sitelinks" ng-if="sitelink.category && (sitelink.category.links.length > 0)">
<!---->
<h3 ng-if="sitelink.category.heading">PRODUCT SIGN-IN</h3><!---->
<ul>
<!---->
<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="https://signin.lexisnexis.com/lnaccess/app/signin?back=https%3A%2F%2Fplusai.lexis.com%3A443%2F&aci=lpai" target="_blank" href="https://signin.lexisnexis.com/lnaccess/app/signin?back=https%3A%2F%2Fplusai.lexis.com%3A443%2F&aci=lpai">
<!---->
<span ng-bind-html="linkItem.label" class="">Lexis+ AI<sup>™</sup></span>
</a>
</li><!---->
<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="https://plus.lexis.com" target="_blank" href="https://plus.lexis.com">
<!---->
<span ng-bind-html="linkItem.label" class="">Lexis+<sup>®</sup></span>
</a>
</li><!---->
<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="https://signin.lexisnexis.com/lnaccess/app/signin?back=https%3A%2F%2Fadvance.lexis.com%3A443%2F&aci=la" target="_blank" href="https://signin.lexisnexis.com/lnaccess/app/signin?back=https%3A%2F%2Fadvance.lexis.com%3A443%2F&aci=la">
<!---->
<span ng-bind-html="linkItem.label" class="">Lexis<sup>®</sup></span>
</a>
</li><!---->
<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="//signin.lexisnexis.com/lnaccess/app/signin?aci=pa" target="_blank" href="//signin.lexisnexis.com/lnaccess/app/signin?aci=pa">
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<span ng-bind-html="linkItem.label" class="">Practical Guidance</span>
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<li ng-repeat="linkItem in sitelink.category.links">
<a ng-href="https://signin.lexisnexis.com/lnaccess/app/signin?aci=ls&back=https%3A%2F%2Fwww.lexisnexis.com%3A443%2Flawschool" target="_blank" href="https://signin.lexisnexis.com/lnaccess/app/signin?aci=ls&back=https%3A%2F%2Fwww.lexisnexis.com%3A443%2Flawschool">
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<img alt="LexisNexis" title="LexisNexis" ng-src="/images/logo.svg" src="/images/logo.svg">
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LATEST BLOGS
February 23, 2024
ARE REPORTS OF THE BILLABLE HOUR’S DEATH AI GENERATED?
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February 16, 2024
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INTEGRATING GENERATIVE AI INTO A LAWYER’S WORKFLOW
February 16, 2024 (2 min read)
By Geoffrey D. Ivnik, Esq. | Director of Large Markets, LexisNexis
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, according to panelists at one
of the featured sessions during a recent Wall Street Journal event for law firm
managing partners that was sponsored by LexisNexis.
“Generative AI creates efficiencies, it allows for automation, it essentially
allows us to do what we as lawyers want to do more than anything else, which is
really excel at the expert judgment layer and application of how we work,” said
Ilona Logvinova, managing counsel and head of innovation for McKinsey Legal.
“The question is, where can you inject automation into your workflow as
lawyers?”
New survey data illustrates that law firm leaders are already moving down this
road by leveraging Gen AI for improved legal drafting support.
The LexisNexis 2024 Investing in Legal Innovation Survey: The Rise of Gen AI at
Top Firms & Corporations, surveyed managing partners and other senior leaders at
large law firms, as well as executives in corporate legal departments at Fortune
1000 companies, to better understand the business impact of Gen AI technology on
the legal industry. Our survey found that 39% of law firm leaders named
“drafting documents” as one of the ways their firms plan to use AI technology,
the third most popular use case cited.
The panelists at the Wall Street Journal event noted that Legal AI delivers
tremendous new efficiencies in legal drafting but does not substitute technology
in the place of humans. Rather, it serves as a drafting assistant and merely
modifies the lawyer’s role from being a “drafter” to being an “editor” of
form-driven legal documents by providing them with a much better starting point.
For example, a Legal AI tool can instantly produce rough drafts of legal memos,
cease and desist letters, contract clauses and client communications — all from
a simple initial user prompt — that are grounded in authoritative legal content.
In essence, the Gen AI technology helps to reduce the manual work involved in
creating these documents and then allows the lawyer to apply their reasoning and
legal judgment to refine the final product.
“Clients hire an attorney for the attorney’s knowledge, experience, and ability
to interpret and apply legal precedent,” said Joel Murray, an attorney with
McKean Smith in Portland, Oregon. “If properly developed, AI can be another
means by which attorneys can increase their productivity and obtain optimal
results for clients.”
A growing number of law firms are making investments now in Gen AI tools built
specifically for the legal profession. Our 2024 Investing in Legal Innovation
Survey: The Rise of Gen AI at Top Firms & Corporations found that 53% of Am Law
200 firms have already purchased Legal AI tools and that 45% of Am Law 200 firms
are using Gen AI now for legal matters.
This article was based on one of the panel discussions at the Wall Street
Journal event, “What Every Managing Partner & C-Suite Leader Needs to Know About
Legal AI,” which took place on January 31st in New York City. Watch the entire
session, Navigating Opportunities: Finding Benefits in AI Growth, for more
insights from industry leaders.
Tags:
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