LexisNexis Legal & Professional, a global provider of legal information and analytics, has announced the Australian commercial preview of Lexis+ AI, a generative artificial intelligence solution poised to revolutionise legal work. Lexis+ AI is the first-to-market AI solution of this kind, capable of spanning 1.23 million documents in seconds. It is expected to save Australian lawyers an average of 11 hours per week, enhancing efficiency across research, drafting, client communications, and case summarisation activity.
Lexis+ AI consolidates the power of generative AI with proprietary LexisNexis search technology and authoritative content, all underpinned by state-of-the-art encryption and privacy technology. The technology includes conversational search, insightful summarisation, and intelligent legal drafting and document upload capabilities. These features simplify the complex legal research journey, speed up insightful analysis through custom summary of legal documents, and allow users to generate a draft of a legal document, which can be modified according to a given prompt respectively.
Greg Dickason, Managing Director at LexisNexis Asia Pacific, expressed his excitement about this development, saying, "We're thrilled to bring this transformative technology to our Australian customers. The Lexis+ AI solution is a proven first-of-its-kind tool for lawyers and will dramatically improve the speed, quality, and effectiveness of their practice and business, regardless of where and how they practice law. We have taken a customer-first approach to all our innovation, research, and product development."
As part of its commercial preview programme, LexisNexis is collaboratively working with leading law firms, including Clayton Utz and Holding Redlich. Emma Covacevich, Chief Executive Partner at Clayton Utz, said, "As LexisNexis is a key content provider, we see its AI solutions having an important role in our own AI program and helping us to deliver a new level of client experience. We were the first large law-firm to adopt Lexis+, and we're excited to be the first to see how Lexis+ AI will allow us to make even more effective use of legal information resources."
LexisNexis has been employing AI technology in its legal solutions for years, with generative AI in use in their research and development labs for more than two years. Jeff Reihl, LexisNexis Legal & Professional Chief Technology Officer, revealed that the company has invested over $1 billion into this technology and that the feedback across the USA and Europe has been incredibly encouraging.
To support the legal profession in keeping track of AI developments and opportunities, LexisNexis is offering the Lexis+ AI Insider program. This initiative provides free access to webinars, thought leadership, and breaking news on the latest AI technologies open to all legal professionals.