AI is transforming industries everywhere, and the legal sector is a prime example. Over the past decade, I’ve witnessed law firms evolve from cautious observers to enthusiastic adopters of technology, leveraging AI to deliver better outcomes for their clients. The evidence speaks for itself, with AI adoption rates soaring among legal professionals — from 19% in 2023 to a staggering 79% in 2024. On Toronto’s Bay Street, Canada’s top law firms aren’t just early adopters — they are leading the charge, something we’ve witnessed first-hand at Alexi, integrating AI into daily practice and championing its potential in the legal world.
So, why are Bay Street law firms embracing AI at such a rapid pace? The answer is simple: AI is making lawyers’ lives easier. As I’ve heard time and time again from our customers — Lerners Lawyers LLP, Lenczner Slaught LLP, and Gluckstein Lawyers — AI is revolutionizing litigation workflows. By taking over tedious, time-consuming tasks, AI is helping firms streamline operations, reduce costs, and deliver a sharper competitive edge to clients. And for those slow to adapt, the risks of falling behind — financially and strategically — are becoming impossible to ignore.