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The CEO of LexisNexis thinks AI could make lawyers more expensive — to the tune of $10,000 an hour

Summary by Business Insider
Legal professionals confer in the New York Hilton Midtown lobby during Legalweek in New York City.Chris Williams/LegalweekAs law firms probe how to leverage AI, lawyers are worried about the impact on billable hours.Sean Fitzpatrick, CEO of Lexis Nexis, shared why he thinks billable hours may go up in cost.AI gives lawyers "that extra set of eyes" that allows them to deliver better service, he said.Law firms are working out how to use artificial…

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Business InsiderBusiness Insider
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The CEO of LexisNexis thinks AI could make lawyers more expensive — to the tune of $10,000 an hour

Legal professionals confer in the New York Hilton Midtown lobby during Legalweek in New York City.Chris Williams/LegalweekAs law firms probe how to leverage AI, lawyers are worried about the impact on billable hours.Sean Fitzpatrick, CEO of Lexis Nexis, shared why he thinks billable hours may go up in cost.AI gives lawyers "that extra set of eyes" that allows them to deliver better service, he said.Law firms are working out how to use artificial…

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Above the LawAbove the Law
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Legal Tech To Increase Access To Justice: A Conversation With Eric Voogt - Above the Law

Access to justice is a persistent challenge in the legal industry. While many focus on legal representation, it’s easy to overlook how foundational processes like service of process contribute to the problem. In Season 10, Episode 5 of “Notes to My (Legal) Self,” I sat down with Eric Voogt, trial lawyer and CEO of Proof Technology, to discuss how legal tech can revolutionize the practice of law and increase access to justice. Here are the highli…

·United States
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lawnews.co.uklawnews.co.uk

AI in Law: The Transformation Lawyers Can’t Afford to Overlook

The legal industry, once known for its traditional practices, is undergoing a profound transformation driven by the rapid advancement of Artificial Intelligence (AI). As AI technologies continue to evolve, they are reshaping the way lawyers work, from enhancing legal research and document analysis to automating routine tasks and improving client service. This shift is not just a trend; it’s a necessity for law firms aiming to remain competitive …

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Techcouver.comTechcouver.com

Lawyers Won’t Be Replaced by AI — But Maybe by a Legal LLM

Everyone’s talking about whether AI will replace lawyers. That’s the wrong question. The real disruption isn’t coming from general-purpose tools like ChatGPT. It’s coming from legal LLMs, large language models trained specifically on law. You’ve probably heard it in the courtroom, at conferences, or over drinks with colleagues. There is much speculation about what AI might do to the profession in five or ten years. But after working directly on …

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tech4law.co.zatech4law.co.za

The Case of the AI-Powered Lawyer and the Lawyers

In a world where technology is advancing faster than legal loopholes can be closed, a law firm in New York decided to replace half its legal team with an AI-powered lawyer named LEXI. LEXI was advertised as the perfect legal machine—capable of reading 100,000 case files in a second, never needing a lunch break, and, […]

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tech4law.co.za broke the news in on Monday, March 31, 2025.
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