Today LexisNexis® CounselLink released its 2022 Annual Trends Report. The unstable economy and a tighter legal market have not caused law firms to pull back on billing rates. To the contrary law firm partner billing rates rose faster last year than they have in a decade.
The average partner rate increased by 4.5% (compared to 3.4% in 2021 and 3.5% in
Continue Reading LexisNexis CounselLink Report: Law Firm Partner Rates up 4.5% in 2022
Many of us have wondered when the big two legal information providers would jump into the Generative AI game, and it looks like LexisNexis is going public first with the launch of Lexis+ AI. We sat down with Jeff Pfeifer, Chief Product Officer for UK, Ireland, Canada, and US, and discuss the launch and what it means for LexisNexis
Continue Reading LexisNexis Bets Big on AI Transforming the Legal Industry: Jeff Pfeifer on the Launch of Lexis+ AI (TGIR Ep. 203)
The product is being developed in partnership with Microsoft, and Microsoft’s Corporate, External and Legal Affairs (CELA) department has signed on as the first preview customer to test and help further develop the product.
The post LexisNexis Announces Preview Launch Of Lexis Connect, AI-Powered Matter Management Within Microsoft Teams appeared first on Above the Law.
Continue Reading LexisNexis Announces Preview Launch Of Lexis Connect, AI-Powered Matter Management Within Microsoft Teams
Lexis Connect is built specifically for corporate legal teams, and built on Microsoft Teams. It includes two generative AI powered chatbots: Ask Legal, and a legal research assistant chatbot tied directly to Lexis Connect.
Continue Reading LexisNexis and Microsoft Announce Lexis Connect, an AI-Powered Matter Intake Application
LexisNexis today announced the preview launch of Lexis Connect, a legal intake and matter management product that works within Microsoft Teams and uses conversational AI assistants to help deliver answers more quickly.
The product is being developed in partnership with Microsoft, and Microsoft’s Corporate, External and Legal Affairs (CELA) department has signed on as the first preview customer to test
Continue Reading Breaking: LexisNexis Announces Preview Launch of Lexis Connect, AI-Powered Matter Management within Microsoft Teams
Finally, an application for AI that we can all get behind.
The post New LexisNexis Generative AI Writes Mean Cease & Desist Letters, Becoming The AI We Never Knew We Needed appeared first on Above the Law.
Continue Reading New LexisNexis Generative AI Writes Mean Cease & Desist Letters, Becoming The AI We Never Knew We Needed
The generative AI platform, which acts as a chatbot, is still in development via LexisNexis’s Commercial Preview Program, which elicits product testing feedback from in-house counsel and law firms.
Continue Reading LexisNexis Announces Generative AI Platform Lexis+ AI, Automating Search, Drafting and Summary Tasks
LexisNexis today (4 May) announced the launch in beta of Lexis+ AI, which leverages generative AI to transform the way that users of its platform conduct research and draft resulting …
LexisNexis announces the launch of generative AI-based research and drafting tool Lexis+ AI Read More »
The post LexisNexis announces the launch of generative AI-based research and drafting tool
Continue Reading LexisNexis announces the launch of generative AI-based research and drafting tool Lexis+ AI
With legal technology companies of all ilks rapidly moving to develop products that incorporate the new generation of generative AI typified by ChatGPT, it was only a matter of time before one of the legal research giants would enter the fray.
Today, LexisNexis is announcing the launch of Lexis+ AI, a new product that uses large language models (LLMs),
Continue Reading LexisNexis Enters the Generative AI Fray with Limited Release of New Lexis+ AI, Using GPT and other LLMs
LexisNexis® Legal & Professional, is announcing the launch of Lexis+® AI, a generative AI platform designed to transform legal work. According to the press release “Lexis+ AI is built and trained on the largest repository of accurate and exclusive legal content, leveraging an extensive collection of documents and records to provide customers with trusted, comprehensive legal results with unmatched speed
Continue Reading Lexis+ AI Launches with Two Customer Initiatives: Commercial Preview and AI Insider Programs
AI is now a significant part of the legal industry, and technology companies such as LexisNexis are at the forefront of this technology shift. We sat down and talked with Jeff Reihl, the Executive Vice President, and Chief Technology Officer at LexisNexis, and discussed the current state of AI and its relevance to the legal and research sector. The
Continue Reading The Future of AI within LexisNexis and the Legal Industry with Lexis CTO Jeff Reihl – TGIR Ep. 197
Way back in 2018, as an increasing number of legal technology companies were launching litigation analytics products, I wrote about the trend in a post on Above the Law, where I posited that it could someday be malpractice for a lawyer not to use analytics.
Now, a survey out today from Lex Machina, one of the original legal
Continue Reading Using Litigation Analytics Is Now ‘Table Stakes,’ Lex Machina Survey Finds
Few legal professionals are using or planning to use generative AI tools in their legal work, according to a survey conducted March 15-16 and published this week by LexisNexis Legal & Professional.
The survey finds that legal professionals — the survey polled 1,176 U.S. lawyers and 1,239 law students — are generally more aware than the general public of
Continue Reading Few Legal Professionals Using Or Planning to Use Generative AI So Far, LexisNexis Survey Finds
Today LexisNexis will be releasing a Generative AI survey at LegalWeek in New York. The survey which was conducted in March 2023 is based on responses from +4,100 US lawyers, law students and consumers.
“We’ve been delivering leading legal AI and analytics tools for some time, providing lawyers with data driven insights that make it easier for them to do
Continue Reading LexisNexis Releases 1st on Generative AI Survey in Law
Building on its acquisition last year of the contract lifecycle management (CLM) platform Parley Pro, LexisNexis is today announcing the integration of Parley Pro’s CLM capabilities to its cloud-based CounselLink enterprise legal management solution for corporate legal departments.
CounselLink is also today introducing work intake features designed to facilitate the submission and management of legal requests coming in to
Continue Reading Building On Its Acquisition of Parley Pro, LexisNexis Adds Contract Lifecycle Management to CounselLink
