New Study Finds that Lexis+ AI Drives $1.2M in Benefits and Cost-Savings and 284% ROI for Corporate Legal Departments – Legal Reader

Impartial research reveals how Lexis+ AI lets authorized groups optimize outdoors counsel spend, enhance inner productiveness, and drive enterprise-wide AI innovation.

NEW YORK, June 26, 2025 – LexisNexis® Authorized & Skilled at the moment launched The Complete Financial Affect™ of Lexis+ AI for Company Authorized Departments, a commissioned research carried out by Forrester Consulting on behalf of LexisNexis, to judge the potential financial affect of the Lexis+ AI® generative AI workflow resolution on in-house authorized departments. In line with the research, authorized groups deploying Lexis+ AI can generate $1.2m in advantages and cost-savings and obtain a 284% return on funding (ROI) over 3 years. The research additionally discovered that the answer pays for itself in beneath 6 months, delivering a web current worth (NPV) of over $910k over 3 years.

“This research validates what our clients are experiencing. Lexis+ AI helps company authorized departments quickly understand significant financial advantages,” stated Sean Fitzpatrick, CEO of LexisNexis North America, UK, and Eire. “As LexisNexis AI know-how and authorized content material develop into deeply embedded in workflows, authorized groups are reaching productiveness advantages, delivering extra distinctive work in-house, and optimizing their outdoors counsel spend.” 

Lexis+ AI effectively handles authorized drafting, analysis and insights, and now options the LexisNexis Protégé™ personalised AI assistant to energy the completion of advanced authorized duties. Forrester engaged with Lexis+ AI company clients to know the workflow and enterprise impacts of the authorized AI resolution. The unbiased research discovered that by enabling in-house groups to effectively and precisely deal with extra authorized work themselves, and with confidence in enterprise-grade safety, Lexis+ AI helps company authorized departments strategically optimize their outdoors counsel spend for essential work and focus assets on higher-value work.

In line with the Forrester research, over 3 years, the risk-adjusted current worth (PV) quantified advantages of Lexis+ AI embrace: 

$1.2M in Value Financial savings from Diminished Exterior Counsel Spend and Productiveness Enhancements 

As much as 13% discount in outdoors counsel work, producing $602.5k in value financial savings
25% fewer lawyer hours wanted to handle authorized inquiries that affect the enterprise, saving $574.2k

Elevated Operational Effectivity and Staff Capability

50% time financial savings for paralegals on administrative duties yearly, unlocking $53.3k in worth and releasing time for higher-value work
5% enhance within the quantity of issues the group handles internally in Yr 1, with out including extra hours
The ensuing affect to authorized division price range financial savings is as much as 1.95%, equating to $642.5k annual financial savings in Yr 3

Empowered Authorized Groups and Superior Strategic Innovation

Past value financial savings, the research discovered that Lexis+ AI helps authorized departments with:

Enhancing the worker expertise by offering authorized professionals with a complicated generative AI workflow resolution that’s grounded in high-quality authorized content material for trusted AI outcomes
Quickly delivering the highest-quality authorized work 
Accelerating organization-wide AI adoption objectives with knowledge privateness, safety encryption, and compliance on the forefront

Entry the total The Complete Financial Affect™ of Lexis+ AI for Company Authorized Departments, research on the LexisNexis Authorized & Skilled web site. For extra data on Lexis+ AI, go to www.lexisnexis.com/ai.

Complete Financial Affect™ Framework and Methodology

The Complete Financial Affect™ of Lexis+ AI for Company Authorized Departments is a commissioned Forrester Consulting research carried out on behalf of LexisNexis in June 2025 to look at the potential return on funding enterprises might understand by deploying Lexis+ AI. Forrester constructed a Complete Financial Affect™ framework, aggregating the experiences of company authorized division decision-makers right into a single composite group: a world enterprise based mostly in North America with $10b in annual income and a company authorized workers consisting of 70 attorneys and 10 paralegals.

About LexisNexis Authorized & Skilled

LexisNexis® Authorized & Skilled supplies authorized, regulatory, and enterprise data and analytics that assist clients enhance their productiveness, enhance decision-making, obtain higher outcomes, and advance the rule of legislation around the globe. As a digital pioneer, the corporate was the primary to carry authorized and enterprise data on-line with its Lexis® and Nexis® providers. LexisNexis Authorized & Skilled, which serves clients in additional than 150 nations with 11,800 staff worldwide, is a part of RELX, a world supplier of information-based analytics and resolution instruments for skilled and enterprise clients.