Morgan & Morgan has committed at least $1 billion to AI and technology over the next decade, a spending plan that positions the nation's largest personal injury firm to sell its custom-built platform to other law firms by the end of 2027. The firm has already spent $300 million building the platform, called MX2, and said it plans to market it to corporate and transactional practices on an invitation-only basis.
The Orlando-based firm, which has more than 1,100 lawyers and $2.4 billion in annual revenue, said MX2 now has nearly 5,000 monthly users. The platform extracts medical information, generates case documents, and prepares materials for trial. Yath Ithayakumar, the firm's chief transformation officer, said the $1 billion investment will also cover hiring and new software and security capabilities. "The majority is going to be very targeted towards AI," he said.
How Morgan & Morgan's investment compares
The spending plan arrives as major corporate defense firms pour their own resources into AI. Kirkland & Ellis said in May it is devoting $500 million of its revenue to developing a custom AI platform over three to four years. Other firms have struck partnerships with technology companies. London-based Freshfields said in April it will work with the legal team at Anthropic to develop AI applications for legal services. Thomson Reuters, the parent company of Reuters, also sells AI-assisted tools for the legal industry.
Morgan & Morgan founder John Morgan said his firm was ahead of rivals in AI adoption and argued that trial-focused practices face less risk of displacement than corporate firms. "Firms which bill by the hour to draft and review agreements or read through thousands of pages of documents are the practices AI will replace - almost entirely," he said.
The push to sell MX2 to other firms
Ithayakumar said the firm sees an opportunity to help other law firms with their own technology challenges. "We think we're in a great position to help law firms solve tough problems and we're confident we can do it," he said. The firm did not disclose pricing for the platform. Reuters reported in June that Morgan & Morgan had hired JPMorgan to explore a minority stake sale that could eventually open a path to going public.
The firm's AI ambitions have not been without friction. A federal judge in Wyoming sanctioned two Morgan & Morgan lawyers last year for citing fake cases generated by AI in a court filing. Ithayakumar attributed the error to moving fast as an early adopter and said the firm has invested in training processes to make it easier for lawyers and staff to review AI outputs. For legal professionals looking to build skills in this area, the AI for Legal landscape increasingly demands understanding how these tools generate documents and where their outputs require verification.
Why this matters for legal professionals
The Morgan & Morgan announcement signals that AI platforms built for high-volume litigation work will soon be available for purchase, not just developed in-house. Paralegals and associates who currently handle medical record extraction, case document drafting, and trial preparation may see those tasks shift toward AI-assisted workflows. The AI Learning Path for Paralegals addresses exactly these functions. The Wyoming sanctions case also serves as a concrete warning: speed of adoption does not eliminate the duty to verify AI-generated work product. Firms that adopt these platforms will need clear review protocols, and professionals who can operate at that intersection of tool and judgment will hold an edge.
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