Wolters Kluwer’s 2024 Future Ready Lawyer Survey: Legal Professionals Confident in Managing AI-Driven Changes to Business of Law
WOLTERS KLUWER S/ADR (WTKWY)
NASDAQ:AMEX Investor Relations:
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Company Research
Source: Business Wire
76% of legal professionals in corporate legal departments use GenAI at least once a week, as do 68% of their counterparts in law firms; over a third use it daily60% of legal professionals expect AI-driven efficiencies to reduce the prevalence of the billable hour58% of law firms and 73% of corporate legal departments plan to increase their investment in AI over the next three years73% of respondents say their staff is required to work in the office for four or more days a weekOnly 29% of law firms and 41% corporate legal departments indicated that they were “very prepared” to address the surge in demand for ESG expertise NEW YORK--(BUSINESS WIRE)--Wolters Kluwer, a global leader in professional information, software solutions, and services, has released the results of its global 2024 Future Ready Lawyer Survey, the preeminent source of insights from 700 lawyers in law firms and corporate legal departments across the U.S. and nine European countries.Findings from the 2024 survey dep
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