
AI is now table stakes in professional services – but value is lagging
Thomson Reuters’ 2026 AI in Professional Services Report finds rapid AI adoption across law, tax, and consulting, but a widening gap between firms achieving measurable impact and those stuck in experimentation. The report highlights mounting risks around client expectations, talent attraction, and governance when AI strategy is not translated into delivery and measurement.
Reframe AI from a cost-saving initiative to a revenue and differentiation lever: use one or two client-visible, AI-augmented service journeys (e.g., proposals, research, contract or policy review) as your first commercial MVPs, with clear before/after metrics on cycle time and margin.
highIf AI remains fragmented and unmeasured, you risk being priced against more automated competitors while carrying legacy delivery costs, and you may lose strategic clients who now see AI capability as a qualifier, not a bonus.
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