Generative AI has taken over the front burner of discussions about the future of law. But what should be top of mind for law firms jockeying for inclusion into the Am Law 100, and the coveted position of being in the Premier League and Championship League in the Am Law 100 Power Rankings, is how they can solve the problem of revenue leakage. Investing in the right data infrastructure can impact firm profitability today and protect firms from being unequipped when even more consequential evolutions of generative AI emerge in the future.

One of the tools that law firms can use right now are plug-and-play APIs to get access to structured, normalized data in real time from external data sources. APIs are foundational tools widely used in many technologically advanced industries to create a seamless layer of connective tissue between external data sources and internal applications. They are also commonly used to bridge together internal applications and data sources for increasing a business’ visibility into and intelligence from their own data.