Trends and Insights in Generative AI for Legal Tech

This chapter explores the results of the 2024 Iltatech surveys, revealing a strong intent among respondents to invest in generative AI applications, particularly within law firms. It highlights the challenges of vendor retention, the integration of AI technologies, and the importance of customer feedback for sustained growth in the legal tech landscape. Additionally, the discussion emphasizes the need for adaptive workflows and the significance of collaborative relationships to foster innovation in a rapidly evolving industry.