In-house lawyers foresee less work for outside law firms as innovations in generative artificial intelligence continue.
Fifty-eight percent of legal departments expect to rely less on outside service providers because of Gen AI, according to a new report by the Association of Corporate Counsel and Everlaw. This expectation has more than doubled from last year’s survey, which found 25% in-house legal departments plan to cut the number of law firms they work with within the next year, citing cost savings.
“The expectation for in-house teams to cut costs with AI is becoming a reality, with over a quarter now reporting ...
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