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NEW YORK — LexisNexis ...
New LexisNexis platform delivers secure generative AI tools that fuel efficiency, effectiveness, and reliable results for lawyers
New York, NY – May 4, 2023 – LexisNexis® Legal & Professional, a leading global provider of information and analytics, today announced the launch of Lexis+® AI, a generative AI platform designed to transform legal work. 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 and precision and backed by verifiable, citable authority.
The new Lexis+ AI technology features conversational search, insightful summarization, and intelligent legal drafting capabilities, all supported by state-of-the-art encryption and privacy technology to keep sensitive data secure. Conversational search simplifies the complex and time-consuming legal research journey, providing a search experience for diverse legal questions with citations, facilitating lawyers’ ability to complete research effectively and efficiently. Enhanced summarization provides a custom summary of legal documents to speed up and guide insightful analysis. Generative document drafting guides customers throughout the legal drafting process, generating a first draft of a legal document, and allowing users to change the language and tone from a simple prompt.
“We’re thrilled to bring this transformative technology to customers,” said Mike Walsh, CEO of LexisNexis Legal & Professional. “The Lexis+ AI platform provides first-of-its-kind tools for lawyers to dramatically improve the speed, quality, and effectiveness of their practice and business.”
Customer-driven innovation is core to the company’s research and product development, and LexisNexis is taking a customer-first approach to the generative AI technology journey as well. LexisNexis is teaming up with leading Am Law 50 firms, such as Baker McKenzie, Reed Smith and Foley & Lardner, LLP, as part of its early Commercial Preview Program to tap into their expertise for advice and feedback.
“We are supporting the research and development of generative AI across the industry,” said David Cunningham, Chief Innovation Officer, Reed Smith. “LexisNexis is a key content provider, so their roadmap will be closely watched and will define many firms’ on-ramp to GPT-based research.”
“LexisNexis has been leveraging artificial intelligence technology, including natural language processing and large language models, in its legal solutions for years, and we’ve been using generative AI in our research and development labs for more than a year,” said Jeff Reihl, Chief Technology Officer, LexisNexis Legal & Professional. “As a leader in legal AI and analytics, we are best positioned to serve as firms’ trusted partner in launching professional-grade, legal generative AI tools.”
LexisNexis is responsibly developing legal AI solutions with human oversight. LexisNexis, part of RELX, follows the RELX Responsible AI Principles, considering the real-world impact of its solutions on people and taking action to prevent the creation or reinforcement of unfair bias. The company’s commitment to data security and privacy in the legal industry spans more than 50 years. LexisNexis employs over 2,000 technologists, data scientists, and subject matter experts to develop, test, and validate its solutions and deliver comprehensive, accurate information.
At the same time, LexisNexis has announced its AI Insider program, which is open to all legal professionals. The program is designed to support the legal industry with generative AI education and LexisNexis breaking news on the latest AI developments. Insiders can sign up to be among the first to experience Lexis+ AI. To sign up for the Lexis+® AI Insider program, visit www.lexisnexis.com/ai-insider.
For more information on Lexis+ AI, visit www.lexisnexis.com/ai.
To download a copy of the LexisNexis Generative AI & the Legal Profession report, visit www.lexisnexis.com/ai-report.
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.
About RELX RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs more than 35,000 people over 40 percent 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 £49.5bn, €56.3bn, $61.8bn.
Media Contact Dana Greenstein Director of Communications, North America & UK LexisNexis Legal & Professional 212-448-2163 firstname.lastname@example.org
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