IQ.AI by FTI Technology
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IQ.AI by FTI Technology Achieves Measurable Results Globally for World’s Largest In-House Legal Teams and Law Firms, Adds IQ.AI Studio
Globenewswire· 2026-03-10 11:30
Core Insights - FTI Consulting's IQ.AI is gaining traction among major corporate legal departments and law firms, showcasing its comprehensive generative AI capabilities [1][2][3] - The introduction of IQ.AI Studio enhances the flexibility and scalability of the solution, allowing clients to create and reuse custom generative AI tasks [4][5] Product Features - IQ.AI combines proprietary workflows with generative AI technology, proving effective in various legal contexts such as antitrust reviews and data breach analyses [2][3] - The solution offers global access to leading large language models and a library of pre-built tasks tailored for legal use cases [5] - New agentic capabilities will enable automation of specific workflows, enhancing collaboration and efficiency among legal teams [6] Performance Metrics - Recent implementations of IQ.AI have resulted in significant time savings, including 250 days saved in manual privilege review and the ability to process over 3 million documents on time [7] - The solution has successfully extracted personally identifiable information from 1 million documents in just four days during a data breach response [7] Client Engagements - FTI Technology assisted a law firm in a case involving anti-competitive behavior, significantly reducing document review time through the use of IQ.AI [8] - Corporate legal departments are increasingly adopting AI to streamline manual tasks and improve collaboration between in-house and external counsel [9] Company Overview - FTI Consulting is a global expert firm with over 8,100 employees and generated $3.80 billion in revenue in fiscal year 2025 [10]
IQ.AI by FTI Technology Achieves Measurable Results Globally for World's Largest In-House Legal Teams and Law Firms, Adds IQ.AI Studio
Globenewswire· 2026-03-10 11:30
Core Insights - FTI Consulting, Inc. has reported growing adoption of its IQ.AI technology among major corporate legal departments and law firms, alongside the introduction of IQ.AI Studio, a library of AI tasks and models [1][3] Company Overview - FTI Consulting is a leading global expert firm specializing in crisis and transformation, with over 8,100 employees across 32 countries as of December 31, 2025, and generated $3.80 billion in revenue during fiscal year 2025 [11] Product Development - IQ.AI, launched in 2024, integrates proprietary workflows with generative AI technology, demonstrating effectiveness in various legal contexts such as antitrust reviews and complex investigations across multiple regions [2][4] - The addition of IQ.AI Studio enhances the flexibility and scalability of the solution, allowing clients to create and reuse custom AI tasks, leading to improved consistency and cost savings [4][5] Client Benefits - Clients report that IQ.AI offers extensive generative AI capabilities for legal and regulatory applications, addressing challenges posed by AI fatigue and evolving regulations [4] - The technology has shown significant time savings in various legal processes, such as reducing manual review time by approximately 250 days and enabling the review of over 3 million documents on time [8][9] Technological Integration - IQ.AI is integrated with FTI Technology's emerging data solutions, enhancing the contextualization and summarization of data from various sources, which supports legal teams in automating workflows and improving collaboration [6][7] Future Developments - Clients will gain early access to new capabilities focused on specific legal use cases, further enhancing the efficiency of legal and compliance teams [6] - FTI Technology is actively promoting IQ.AI at industry events, showcasing its applications in various legal scenarios and providing insights into upcoming features [10]