A new report discusses the evolving attitudes towards the use of generative AI and ChatGPT within law firms, surveying lawyers about the opportunities and potential risks.

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Thomson Reuters Regulatory Intelligence has carried out its 12th annual survey on the cost of compliance, focusing on the challenges the compliance functions at financial services firms around the world expect to face in the year ahead.

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Gender diversity in law firms positively impacts law firm success, research shows, with gender diverse teams in law firms achieving 10% higher client spend.

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