Thomson Reuters Institute
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Comprehensive research, data-driven findings, and strategic insights shaping the future of professional work.
THOMSON REUTERS INSTITUTE
Law Firm Rates Report 2027: The AI impact you may not have been expecting
A new report finds that AI is currently boosting law firm profitability primarily by generating new legal demand rather than improving internal efficiency. And while record rate increases and strong client demand are sustaining growth, it’s critical for law firms to measure AI’s impact, rethink pricing and staffing, and prepare for future efficiency-driven disruption.

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