A Thomson Reuters Institute survey of professionals across the US, UK and other Common Law markets has found that just over half of those at law firms (51%) believe they should absorb genAI costs and not pass them to the clients. Meanwhile 39% believe g… Read on blog or Reader Artificial Lawyer Read on blog or Reader TR Survey – GenAI Costs Should Be Absorbed By Law Firms By artificiallawyer on 8th July 2024 A Thomson Reuters Institute survey of professionals across the US, UK and other Common Law markets has found that just over half of those at law firms (51%) believe they should absorb genAI costs and not pass them to the clients. Meanwhile 39% believe genAI will mean more alternative billing, such as using fixed fees. […] Continue reading

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