��������Ƶ

Note: This article is just one of 60+ sections from our full report titled: The 2024 Legal AI Retrospective - Key Lessons from the Past Year. Please download the full report to check any citations.

Increased Productivity and Client Capacity

AI tools allow small firms to handle more clients and matters simultaneously. Thomson Reuters' acquisition of Casetext for $650 million in 2023 aimed to enhance AI capabilities in legal research and workflow, potentially increasing productivity for law firms of all sizes.[142] The integration of CoCounsel Core with Westlaw Precision provides users access to an extensive suite of legal generative AI tools, including assistance with contract analysis, document review, and deposition preparation.[143]