CRIV CONNECTION

Monique Gonzalez

The CRIV Semiannual Call with LexisNexis® took place July 31, 2024.

Participants: Monique Gonzalez (CRIV Liaison to LexisNexis); Lindsey Watson (Sr. Manager, Knowledge & Research and Faculty Programs, LexisNexis); Simon Weierman (Sr. Director, US Legal, LexisNexis); Vani Ungapen (AALL Executive Director)

This update includes the highlights from LexisNexis^® news and product enhancements released between January 2024 and July 2024.

Company Acquisitions, Surveys, and Reports:

• LexisNexis® acquired Henchman, a Belgium-based company, which will enable Lexis legal customers to extract key insights from internal data and combine trusted LexisNexis content and AI capabilities for personalized generative AI drafting experience.
• Lexis released the 2024 Investing in Legal Innovation Survey, highlighting the rise of generative AI (GenAI) in law firms and corporations and pointed to seismic shifts in both law firm business models and corporate legal expectations due to GenAI.
• The March 2024 Future of Work Report revealed a positive stance in adoption of GenAI among organizations and professionals and the CounselLink 2024 Trends Report showed large law domination in share of wallet, as average law firm partner rates rose 5.4 percent in 2023, the highest levels since the first CounselLink Trends Report in 2013.
• LexisNexis Recognition and Awards:
  • LexisNexis® was named the Best Overall AI Company at the 2024 AI Breakthrough Awards
  • Lexis Create was named best Tables of Authority Software, in the 2024 Best of National Law Journal awards.
• New and Enhanced AI Products: In addition to Lexis+ AI, LexisNexis launched several exciting AI-driven products, including Intelligize+ AI, Nexis+ AI, and Tolley+ AI, enhancing compliance analysis, corporate research, and tax research.
• Lexis+ AI Enhancements: Lexis+ AI received multiple updates, such as improved response quality, expanded content integration, increased accuracy and relevancy, enhanced user control, and increased document upload capacity. Lexis+ AI is now commercially available in Australia, Canada, France, and the UK!
• Lexis+ Updates:
  • Over 2 million full-text court documents were added to our online database, which increased Shepard’s citing references by over 1.2M.
  • Released statute indices for Kansas, Minnesota, Oklahoma, Pennsylvania, South Carolina, and South Dakota. Statute researchers now benefit from a total of 52 federal, state, and territory topical indices that make finding relevant statutory provisions an easy and efficient process.
  • Increased Pinpoint practice areas from 8 to 45, created a customizable dashboard, making this tool an even better practice-area specific solution that helps litigators find resources pertinent to the issues, topics, and facts specific to a case they’re researching. 
• CourtLink & Lexis Snapshot:
  • Added Advanced Tracks to Courtlink to allow users to customize their track notifications, so they are only notified when changes that are of importance to them occur. Options include selecting the specific docket sections of importance (e.g., Proceedings) and the ability to enter Keywords so the user receives a notification anytime the keywords are added to the docket.
  • Added gen-AI complaint summaries to docket views for hundreds of thousands of federal cases, including Federal District Court civil cases, Delaware state court, and Los Angeles County Superior Court. This service, for Snapshot subscribers, gives users quick insight into the complaint and docket filings.
• Law360
  • Law360 launched Bankruptcy and Law360 Healthcare Authority — two premium deep news products offering actionable intelligence for specialists in their field through in-depth insights, forward-thinking analysis, and comprehensive coverage. Law360 Healthcare and Law360 Bankruptcy Authority are essential newswires for healthcare and bankruptcy experts.
• Lex Machina
  • Lex Machina released their “Litigation Footprint,” a groundbreaking expansion of Legal Analytics coverage in March 2024 that offers unmatched insights into litigation track records of parties in over 27 million cases across 94 federal district courts and over 1,300 state courts. 
  • Lex Machina extended enhanced coverage of state courts to New York and Oklahoma to deliver 100 Enhanced State Courts in total, providing unparalleled insights into a total of 5.5 million state court cases. 
  • Lex Machina and LexisNexis published their 2024 Annual Impact of Legal Analytics Survey in which 80 percent of legal professionals report that clients required or expected them to use legal analytics, and twice as many legal analytics users felt prepared for GenAI compared to non-users.
• Verdict & Settlement Analyzer:
  • Added over 103K new Jury Verdicts & Settlements to the collection and released improvements for linking to expert witnesses and additional entities for deeper research.
  • Updated the search approach to reduce duplicate content and enable more accurate analytics insight.
  • Added support for linking directly to VSA reports via Permalinks.
• LexisNexis in Law Schools:
  • Lexis+ AI is available to all students and faculty as of fall 2024, and is currently the only GenAI legal platform available in law schools.

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