Neil Sands
Legal professionals who have adopted artificial intelligence (AI) in their workplace expect to free up almost 240 hours annually, a 20% increase on their expectations in 2024, a Thomson Reuters survey has found.
Thomson Reuters president Steve Hasker said the Future of Professionals Report 2025 revealed the pace at which generative AI is transforming the legal, risk, compliance, tax accounting and audit professions globally.
“Based on the current predicted pace of AI adoption, our report shows that the legal professionals we have surveyed expect to free up nearly 240 hours per year, up from 200 in 2024,” he said.
“This unlocks an average annual value of US$19,000 per professional. In the US, this contributes to a $32 billion combined annual impact for the legal and tax-accounting sectors.
“As the leaders in the AI adoption race reap these savings and provide greater value to their clients, the value gap continues to widen.”
The survey canvassed almost 2,300 professionals worldwide, with about 60% from the legal profession.
Hasker said the annual survey was no longer predicting AI’s impact – it was quantifying it and showing a growing divide between organisations with a clear AI strategy and those without. “Our research shows that organisations with visible AI strategies are twice as likely to experience revenue growth as a direct or indirect result of AI adoption, compared to those with more informal or ad hoc adoption approaches,” he said.
The survey found 53% of organisations with an AI strategy were already seeing at least one type of benefit from their use of the technology.
However, it also noted “a slight uptick” in concerns about privacy, confidentiality and transparency, as well as data security implications.
Thomson Reuters describes itself as a leading provider of AI and content-driven technology solutions.
The survey can be downloaded here.
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