Morgan & Morgan Bets $1 Billion on AI, Plans to License Its Legal Platform

Morgan & Morgan is putting serious money behind artificial intelligence, announcing plans to invest at least $1 billion in AI and technology over the next decade while preparing to offer its homegrown legal platform to other law firms.

The Orlando-based personal injury firm says it has already spent roughly $300 million developing MX2, an AI platform designed to help lawyers pull information from medical records, create case documents and prepare for trials. The system currently has nearly 5,000 monthly users within the firm.

The broader investment will cover new employees as well as software, cybersecurity and other technology infrastructure. Yath Ithayakumar, the firm’s chief transformation officer, said AI will account for the bulk of the spending.

Morgan & Morgan’s move comes as law firms across the industry race to build or acquire AI capabilities. Large corporate practices are pouring hundreds of millions of dollars into proprietary systems, while others are partnering directly with AI developers to create specialized legal tools.

The firm, which employs more than 1,100 lawyers, believes its litigation-heavy business gives it a degree of protection from the disruption AI could bring to legal services.

Founder John Morgan has argued that practices built around routine document review and contract work could face far greater exposure to automation. In his view, AI is likely to have its biggest impact on firms that spend large amounts of time reviewing agreements or sorting through enormous volumes of documents.

Morgan & Morgan now intends to take MX2 beyond its own offices. The firm expects to begin offering the platform to selected outside law firms by the end of 2027, initially through an invitation-only program. The planned customer base could include corporate and transactional practices as well as other types of legal businesses.

The firm has not disclosed how much it will charge for access.

The aggressive AI push also comes with a cautionary lesson from Morgan & Morgan’s own experience. The firm previously faced sanctions after two of its lawyers used fictitious cases generated by AI in a court filing.

Ithayakumar attributed that episode to the firm’s early and rapid adoption of the technology. He said the company has since strengthened its training and review procedures so lawyers and staff can more effectively verify AI-generated material before it is used.

Morgan & Morgan’s AI strategy is unfolding as the firm also considers its longer-term financial options. The personal injury practice, which generates billions of dollars in annual revenue, has explored bringing in an outside minority investor, a move that could eventually support a public listing.

For now, however, the firm’s focus is clear: build AI for its own lawyers, refine it through heavy internal use and then turn that technology into a product for the wider legal market.

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