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LexisNexis announces today the acquisition of Case Law Analytics, a French legaltech company specializing in the modeling of legal risk using artificial intelligence.
Created in 2017, Case Law Analytics has developed a legal risk assessment solution based on a rigorous analysis of legal texts and the use of artificial intelligence and probabilistic models. The solution makes it possible to simulate the possible outcomes of litigation proceedings in more than twenty legal areas covering civil law, business law, social law. It provides valuable assistance in defining the best strategy to adopt to resolve a dispute, and easily find the case law closest to the case in question to better defend it. The company now supports 6,000 users, within insurance companies, law firms, legal departments and human resources.
Eric Bonnet-Maes, CEO LexisNexis Continental Europe, Middle East and Africa, says: "Case Law Analytics has established itself as a key player in France in the field of legal risk assessment, thanks to its artificial intelligence-enabled technology and predictive analytics tools for lawyers. We see attractive opportunities to bring together Case Law Analytics with LexisNexis AI and generative AI legal solutions. This acquisition is perfectly in line with our strategy of developing productivity and decision support tools for legal professionals by leveraging the most efficient technologies on the market today.”
Jacques Lévy-Véhel, Founder and CEO of Caselaw Analytics, adds: “We are very happy to join LexisNexis. There are many synergies between our entities. This alliance with a global player in information and legal technologies will enable us to accelerate our growth and launch our internationalization strategy. We look forward to working with the LexisNexis team to support the delivery of new insights and ways of working for the legal profession through the adoption of artificial intelligence.”
About LexisNexis Legal & Professional
LexisNexis Legal & Professional® provides legal, regulatory, and business information and analytics that help customers increase their productivity, improve decision-making, achieve better outcomes, and advance the rule of law around the world. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. LexisNexis Legal & Professional, which serves customers in more than 150 countries with 11,300 employees worldwide, is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers.
RELX is a global provider of information-based analytics and decision tools for professional and business customers. RELX serves customers in more than 180 countries and has offices in about 40 countries. It employs more than 33,000 people over 40% of whom are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York stock exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
The market capitalization is approximately £49.7bn/€58bn/$64bn
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