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Already, more than half of all legal, tax, risk and fraud, and government professionals have used generative AI in some fashion. In the newly published 2025 Generative AI in Professional Services Report from the Thomson Reuters Institute, we look at this surging usage and, more importantly, whether professional services firms can take the next step and fully extract value from the GenAI tools they're using. </p> </dig-typography> <dig-link semantic href="/content/ewp-marketing-websites/thomsonreuters/gl/en/reports/2025-generative-ai-in-professional-services-report.html" variant="secondary"> <a href="/en/reports/2025-generative-ai-in-professional-services-report" title="Download the report">Download the report</a> </dig-link> </dig-effects> <dig-effects effect="fade-in"> <dig-typography semantic variant="subtitle" color="primary" element="h3"> <h3><b>Practical Law now has generative AI (GenAI)</b></h3> </dig-typography> <dig-typography semantic variant="bodyLarge" color="secondary" element="p"> <p> Accelerate how you find answers with Search & Summarize Practical Law, a generative AI experience providing summarized answers grounded in Practical Law’s best-in-class content, expertly created and maintained by over 650 attorney-editors. </p> </dig-typography> <dig-link semantic href="/content/ewp-marketing-websites/legal/gl/en/c/practical-law/now-with-generative-ai.html?trkcode=TRhome-rotator5&trktype=internal" variant="secondary"> <a href="https://legal.thomsonreuters.com/en/c/practical-law/now-with-generative-ai?trkcode=TRhome-rotator5&trktype=internal" title="Learn more about Search & Summarize Practical Law on Practical Law">Learn more about Search & Summarize Practical Law on Practical Law</a> </dig-link> </dig-effects> </dig-rotator-content> <div class="cmp-rotator_controls"> <dig-rotator-controls elem-id="cmp-rotator-content-items-spotlight" page-count="5"/> </div> </div> </div> <div class="cmp-rotator__content-item-video"> <dig-rotator-content data-video-content semantic dig-rotated-by="cmp-rotator-content-items-spotlight"> <dig-effects semantic effect="fade-in"> <div class="false"> <img class="cmp-rotator__content-video" src="/content/dam/ue/en-us/images/product-images/248901.png" alt="Spend less time on the mundane and more time on complex, high-value work that better serves your clients, organization, and business. CoCounsel is secure generative AI built on authoritative content and industry-leading expertise."/> </div> </dig-effects> <dig-effects semantic effect="fade-in"> <div class="false"> <img class="cmp-rotator__content-video" src="/content/dam/ewp-m/images/thomsonreuters/en/artworked-images/tr4599410_05a_588x340.jpg" alt="When innovation opens the door to exciting possibilities, professionals can trust Thomson Reuters to provide accurate, reliable, and secure solutions backed by decades of technological and subject-matter expertise."/> </div> </dig-effects> <dig-effects semantic effect="fade-in"> <div class="false"> <img class="cmp-rotator__content-video" src="/content/dam/ewp-m/images/tax/en/graphics/vat-high-res-image.png" alt="In today’s rapidly evolving global marketplace, tax compliance has become increasingly complex for multinational corporations. 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