US personal injury giant Morgan & Morgan announced today (14 September) that it has committed to spend at least $1bn on legal technology and artificial intelligence over the next decade, as it formally unveils its proprietary AI platform MX2.

The investment equates to at least $100m a year over the next ten years and builds on $300m that Morgan & Morgan says it has already invested in technology and AI during the past five years. The firm does not disclose its earnings but according to a report from Reuters in June, the firm was considering a minority stake sale that could raise over $1bn and a longer term IPO.

MX2 is designed as an AI and automation layer across Morgan & Morgan’s case lifecycle, securely accessing and processing information including police reports, medical records, court dockets and client interactions.

The platform currently incorporates four main capabilities. MX2 Agent provides case insights, trial preparation and agentic workflows embedded directly within Litify; First Draft provides case-aware document generation integrated with Microsoft Office; Medical extracts and analyses medical records, builds chronologies and generates alerts; and Search provides semantic search across unstructured case data.…

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