TL;DR:
- LexisNexis has launched Lexis+ AI, a generative AI tool for legal research and document drafting.
- Users can create first drafts of legal documents and client emails, customizing language and tone.
- The platform maintains the traditional look and feel of Lexis+ and is trained on LexisNexis’ legal content.
- Privacy is a priority, with unique user interactions and no consumption of application prompts.
- Lexis is running customer engagement programs, offering previews, and collaborating with top law firms.
- Lexis+ AI does not use external citations but may have limited hallucinations within Lexis’ content.
- The AI system requests additional information if it fails to understand a prompt.
- Pre-loaded prompt questions and feedback from beta clients enhance Lexis+ AI’s functionality.
- Lexis has experience with extractive AI and felt pressure to offer its own generative AI after a competitor’s launch.
- Generative AI brings human-like legal conversations, improving legal research and drafting quality.
- Reed Smith supports generative AI and closely watches LexisNexis’ roadmap for GPT-based research.
Main AI News:
LexisNexis has unveiled its latest innovation, Lexis+ AI, designed to revolutionize the research and document drafting process for users of its platform. Leveraging the power of generative AI, Lexis+ AI guides customers through the legal drafting journey by generating initial drafts of legal documents and client communications. With the added feature of language and tone customization, users have complete control over the final output.
Despite incorporating generative AI, Lexis+ AI maintains the familiar interface and functionality of the trusted Lexis+ platform. The AI technology has been meticulously trained using LexisNexis’ extensive repository of legal content, ensuring accuracy and reliability in the drafting process.
Privacy has been a top priority in the development of Lexis+ AI. Chief Product Officer Jeff Pfiefer emphasized the implementation of privacy by design principles, ensuring that all user interactions are unique and not utilized for training or refining the AI model. This commitment aligns with the responsible AI principles of RELX, Lexis’ parent company.
Lexis+ AI is launching two customer engagement programs alongside its beta release. The first program grants select participants exclusive access to product development previews, AI webinars, and roundtables. The second program involves collaboration with renowned law firms, including Baker McKenzie, Foley & Lardner, and Reed Smith, who possess the necessary resources and infrastructure to contribute to product development and testing.
While Lexis+ AI does not rely on external citations, the issue of hallucinations, which can result in inaccurate or fictional responses, is addressed by Pfeifer. In the event that the AI system fails to comprehend a prompt, it will promptly request additional information rather than providing incorrect answers. Lexis+ AI includes pre-loaded prompt questions to assist users and is actively seeking feedback from beta clients to enhance its functionality.
The introduction of Lexis+ AI was highly anticipated, as LexisNexis has been working with extractive AI for several years, with Lexis+ already benefiting from this technology. Pressure mounted on the company to develop its own generative AI offering after Casetext, a legal research competitor, released CoCounsel, a legal assistant powered by GPT4-based technology.
Jeff Pfiefer expressed his excitement about this significant milestone in LexisNexis’ history, highlighting the capability of generative AI to closely emulate human legal conversations. This approach allows users to interact with the system as if they were engaging in a discussion with a colleague, bridging a gap that has persisted for years. Pfeifer believes that Lexis+ AI will introduce a guided service that demonstrates the value of AI, ultimately enhancing the quality of legal research and drafting for organizations.
Reed Smith’s Chief Innovation Officer, David Cunningham, expressed support for generative AI and highlighted LexisNexis as a crucial content provider in the industry. The roadmap and progress of LexisNexis in the realm of generative AI will undoubtedly influence and shape the adoption of GPT-based research across numerous law firms.
Conlcusion:
The launch of Lexis+ AI by LexisNexis represents a significant development in the legal research and document drafting market. The integration of generative AI technology into their platform offers users a more efficient and interactive experience, allowing for the creation of customized legal documents and client communications.
With a focus on privacy and a commitment to responsible AI principles, LexisNexis has positioned itself as a trusted provider in this emerging market. The engagement programs and collaboration with top law firms further solidify their commitment to continuous improvement and client satisfaction.
This advancement in AI-driven legal solutions sets a new standard for the industry and demonstrates the potential for AI to enhance the quality and productivity of legal research and drafting processes. Market competitors will likely be compelled to explore similar offerings to stay competitive and meet the evolving needs of legal professionals.
