In-house legal departments are turning to generative AI (Gen AI) technology as more than an IT upgrade—it is quickly becoming a transformative force. The adoption of Gen AI tools in corporate legal departments rose sharply last year, with 44% of in-house legal...
The LexisNexis global technology platform incorporates various AI innovations, including extractive AI that identifies relevant results within data and offers detailed insights; generative AI which produces new content from data based on user prompts or instructions;...
In today’s legal market, innovation is central to how firms deliver value, attract talent, and grow profitably. The difference between firms that see marginal gains and those that lead the market isn’t just what they adopt. It’s how they foster a culture of innovation...
The acceleration in the adoption of new artificial intelligence (AI) tools in the legal industry has many lawyers anxious about how this technology will change their profession. This is perfectly understandable — as with any new tech innovation that impacts the...
We are witnessing a profound transformation in the legal industry—one driven by the rapid evolution of artificial intelligence. At LexisNexis, we believe this technology has the power to unlock justice, elevate legal practice, and improve lives in ways we couldn...
Generative artificial intelligence (AI) is a tech revolution. Its impact is most acutely felt in the workplace: all tasks, all comms, and all platforms are subject to change from generative AI. The tech is enhancing and streamlining so many elements of legal work...
All generative artificial intelligence (AI) systems are fallible. Machine learning (ML) finds patterns in huge data sets and produces results based on those patterns. The AI system needs no human direction to produce outputs. And, if lacking human direction, if...
This article was written by Simon Weierman, Senior Director, Segment Management at LexisNexis. Lawyers must rely on the accuracy and quality of their legal research when providing counsel to clients, drafting business agreements or writing legal documents for...
Generative artificial intelligence (AI) is revolutionising the nature of legal work , from legal research to drafting to document management, from repetitive daily tasks to five-year strategies. In fact, this rapidly growing technology is transforming every element...
Generative artificial intelligence (AI) is the most important tech innovation of the past decade. The tech promises drastic boosts in productivity, huge increase for the economy, and a revolution in the nature of work. Law firms and lawyers are increasingly turning...
This is the second article in the series Future-proofing your firm for growth. The legal profession has seen a gradual but significant transformation for several years. From increasing efficiencies and reducing the amount of unbillable time to becoming more client...
Lawyers are aware of the potential of artificial intelligence (AI). In a recent LexisNexis report, Generative AI and the future of the legal profession , 95% of legal professionals said that generative AI would have a notable impact on law. Most lawyers recognised...
Few technologies have generated as much hype across the legal industry as Generative AI. Open AI’s ChatGPT, Google’s Bard, and a host of new solutions being developed on Large Language Models (LLMs) are making waves across the world. To put that into context, ChatGPT...
The commercial launch of ChatGPT in November 2022 touched off a global frenzy of excitement — and consternation — about the new technology known as generative artificial intelligence (AI). We all learned quickly that generative AI tools represent an entirely...
Authored by Greg Dickason, Managing Director Asia-Pacific, LexisNexis Evolution of Large Language Models There’s no doubt that AI is here. The surge in interest that has arisen from the introduction of new generative tools like ChatGPT or Google’s Bard is unlike...