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flag AI tools are transforming corporate legal teams, streamlining tasks and reducing outside legal work by 13%.

flag AI is increasingly aiding corporate legal teams, reducing reliance on external counsel and streamlining tasks. flag LexisNexis reports a 13% drop in outside legal work and a 25% decrease in time spent on legal advice, with annual time savings of 50% for paralegals. flag AI tools like LexisNexis' Protégé, Harvey, and Legora automate tasks and improve workflow. flag However, concerns about junior lawyers learning their craft amid automation are addressed by integrating AI into training. flag The International Bar Association is conducting a global survey to understand AI's impact on the legal sector, aiming to develop ethical guidelines and strategies.

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