Top LexisNexis research reports for barristers in 2024

A curated collection of free-to-access LexisNexis reports for barristers.

Barristers, hone your 2024 business strategies by brushing up on the latest legal trends.

Read the top LexisNexis thought leadership reports below.

No. 1: Generative AI and the future of the legal profession

How exactly will generative AI impact the practice of the law?

Our survey of 1,000+ UK lawyers sheds light on some of the biggest opportunities, risks and polarising expectations, such as:

70% of in-house counsel expect firms to use generative AI. Only 39% of solicitors and barristers are exploring opportunities to deploy it. 

This is a must-read for all barristers, regardless of their area of expertise, and contains exclusive commentary from top-tier law firms, in-house counsel and leading industry bodies.

No. 2: The LexisNexis Gross Legal Product (GLP) Index 2023

Find out if demand for your practice area of the law is growing or declining.

The GLP Index gathers current and historic data to predict growth and demand across 12 different practice areas of the law.

Download it to find out where you should be investing or repositioning your efforts in 2024.

No. 3: Do billable hours offer value for money?

The billable hour has persisted for decades as the default way for barristers to charge clients and measure performance.

Yet some clients are pushing back on hourly billing as they seek more price certainty. As a result, more and more work is taking place through alternative billing methods.

In this report, we speak to law firms, lawyers and their in-house counsel to discuss the pros and cons of the billable hour model, the challenges of pricing matters when using alternative billing structures – and how these trends are likely to develop in the future.