Wolters Kluwer has released the results of its 2023 annual global Future Ready Lawyer Survey. The survey includes insights from 700 lawyers in law firms, corporate legal departments and business services firms across in the U.S., the UK, the Netherlands, Germany, France, Spain, Hungary, Italy, Poland and Belgium.
Now in its fifth year, the survey continues to examine how client expectations, technology, and market trends are affecting the future of the legal profession and how legal organizations are prepared to address these challenges.
Inevitably, this year there was a focus on generative AI, and here are some of the key findings:
- 73% of lawyers expect to be integrating generative AI into their legal work in the next year
- 69% of law firms and 61% of legal departments not yet very prepared to meet growing ESG demands
- 87% of legal professionals say that technology has improved their day-to-day work
- 43% of legal organizations still have no formal DEIB policies in place
“Even in a world increasingly impacted by ChatGPT and other forms of AI , the legal profession continues to derive its strength from human relationships,” said Martin O’Malley, CEO, Wolters Kluwer Legal & Regulatory. “Still, the 2023 Future Ready Lawyer Survey suggests that lawyers are acknowledging the pivotal role of technology in creating more value for their organizations and for society as a whole. Whether it’s improving collaboration, cementing relationships, or improving workflows, technology is at the heart of driving the entire industry into the future.”
You can read the report here:
https://www.wolterskluwer.com/EN-GB/know/future-ready-lawyer-2023