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Lexis+ AI

LexisNexis® envisions a legal profession where every professional has a personal AI-powered assistant to enhances their work product. We are committed to developing AI responsibly, with rigorous standards for security, privacy, ethics, and human oversight. Through collaboration with our customers, our AI assistant will solve real-world legal challenges. Ultimately, we want to amplify human capabilities, enabling legal professionals to focus on high-value work, serve more clients, and drive business growth.

April 23, 2024

AI vs. Legal AI, What’s The Difference?

By Geoffrey D. Ivnik, Esq. at LexisNexis Legal & Professional

Open-web AI tools amazed users while tech-savvy lawyers began dreaming of uses for this new technology like drafting client emails to summarizing lengthy documents for a brief. It didn’t take long before lawyers learned that these open-web AI tools were not suited for the legal environment.

1 minute read

March 26, 2024

Are Reports of the Billable Hour’s Death AI Generated?

By Geoffrey D. Ivnik, Esq. at LexisNexis Legal & Professional

Longtime members of the legal profession can attest there is at least one more thing that could take its place alongside death and taxes on the list of life’s inevitabilities: Forecasts predicting the demise of the billable hour.

1 minute read

March 25, 2024

Law Firms Pursuing New Lines of Business Due to Emergence of Gen AI

By Geoffrey D. Ivnik, Esq. at LexisNexis Legal & Professional

A recent survey found that 53% of Am Law 200 firms have already purchased “Legal AI” tools (Gen AI tools developed specifically for the legal industry) and that 45% of Am Law 200 firms are using Gen AI now for legal matters.

1 minute read

March 22, 2024

The Disconnect Between Law Firms and Clients on Use of Gen AI

By Geoffrey D. Ivnik, Esq. at LexisNexis Legal & Professional

Our survey found that a similar share of law firm leaders (75%) and corporate legal executives (81%) have used Gen AI tools themselves, and roughly the same number of senior executives expect their investments in Gen AI technologies to increase either “significantly” or “modestly” over the next five years (90% in law firms, 86% in corporations).

1 minute read

March 21, 2024

Law Firms Need to “Fail Fast” When Implementing an AI Strategy

By Geoffrey D. Ivnik, Esq. at LexisNexis Legal & Professional

Legal tech experts advise the best thing they can do right now is take a moment to set their Gen AI adoption strategy.

1 minute read

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