LexisNexis Showcases Innovations Across its Portfolio of Solutions at LegalTech New York 2016
Recent releases, updates and new capabilities for legal research, litigation and practice management solutions to be featured
January 26, 2016 — At LegalTech® New York 2016, LexisNexis® Legal & Professional will showcase products and innovative capabilities within its extensive portfolio of legal research, practical guidance, litigation and practice management technology solutions – providing lawyers with essential information, productivity, and analytical tools for all aspects of their work.
Located at Booth #100, the exhibit will offer visitors access to experts and live demonstrations to explore new features, discuss the unique value that LexisNexis legal content and productivity solutions deliver, and review how each helps lawyers meet the core needs of the modern practice of law: confident decision making, highly productive work, reduced risk, mobility and predictable costs.
“LexisNexis enters 2016 with strong momentum in legal research technology built on working closely with our customers to bring to market capabilities that address their most pressing needs,” said Sean Fitzpatrick, managing director of the North American Research Solutions business at LexisNexis. “Displaying this customer-driven innovation is our focus at LegalTech.”
Newly acquired Lex Machina will be at the LexisNexis booth demonstrating its award-winning Legal Analytics® solution that helps lawyers make strategic, data-driven decisions and develop winning litigation strategies. Specifically, Lex Machina will be previewing an exclusive new feature that dramatically improves the quality and accuracy of government-supplied attorney data for District Court cases. The new Attorney Data Engine is designed to enhance attorney information from PACER, which can be inaccurate, missing or flat-out wrong. Attorney Data Engine enables lawyers to correctly identify which attorneys were associated with a specific case, and what role they played, so that they can better formulate winning legal strategies.
With the latest update for Lexis Advance® occurring right before LegalTech New York, LexisNexis will highlight the brand new “Explore Content” source-section filter that offers users an easy option to quickly find the precise sources they want to search and organize results more efficiently.
Also announced in January and available to see at LegalTech is the integration of Lexis® for Microsoft Office® with Lexis Practice Advisor®, enabling transactional attorneys to quickly find and use the practice advice, resources and market data they need for on-point drafting within the familiar desktop applications they use every day. The integration is the latest step in the LexisNexis strategy to create an integrated legal research platform that can be accessed from anywhere and at any point of the legal workflow.
A team will be on hand to discuss the latest content and feature updates for Lexis® Securities Mosaic®, a solution designed for securities practitioners and researchers who are focused on SEC compliance, disclosure, transactions and regulation. Experts will also be available to discuss the extension of the LexisNexis® Newsdesk media monitoring and market intelligence solution to legal professionals.
Additionally, visitors to the LexisNexis booth can learn about the upcoming migration the company's entire archive of more than 50 years of news coverage onto Lexis Advance in February.
Rethinking eDiscovery Solutions
The key to controlling eDiscovery costs rests in reducing the volume of litigation data before turning it over for review. This is the underlying catalyst for early case assessment (ECA) and the need to gain greater insights into data, earlier in the process. To that end, LexisNexis will unveil an enhanced software tool at the LegalTech 2016 conference focused on ECA. The new product promises to reduce more costs, better manage risks, and enable litigators to develop savvier litigation strategies.
“Litigation grew throughout the last 12 months and it's expected to continue to be a growing a practice area in 2016. This places significant pressure on eDiscovery costs, prompting corporate counsel and law firms alike to uniformly demanded better insight into litigation data,” said Mike Lipps, managing director of LexisNexis Legal Software Solutions. “We think the market will be pleasantly surprised by this new twist on ECA and the broader innovation stemming from our Raleigh Technology Center.”
Simultaneously, LexisNexis will also launch an entirely new Concordance® Desktop eDiscovery product at the conference. Designed for small and mid-sized law firm, the new product unifies five separate products, providing a modernized and easy-to-use eDiscovery platform with simplified licensing.
In the last year, LexisNexis has consolidated U.S software operations into a unified business unit based out of its Technology Center of Excellence in Raleigh, NC. The combined business unit benefits customers through speed of development, scale and sharing of best practices.
The LexisNexis team based in Raleigh counts the business of law, litigation and managed technology services among its portfolio of products and employs more than 450 legal tech professionals and growing. Over the last 12 months, the Raleigh Technology Center has released a dozen software updates across its portfolio.
The new litigation solutions will be exhibited during the conference, alongside several business of law products. These include new the new law firm business development module from InterAction® team and small law practice management from the LexisNexis Firm Manager® team.
About LexisNexis® Legal & Professional
LexisNexis Legal & Professional is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis Legal & Professional harnesses leading-edge technology and world-class content to help professionals work in faster, easier and more effective ways. Through close collaboration with its customers, the company ensures organizations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. LexisNexis Legal & Professional, which serves customers in more than 175 countries with 10,000 employees worldwide, is part of RELX Group plc, a world-leading provider of information solutions for professional customers across industries.