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LexisNexis Enters the Generative AI Fray

LawSites: [May 4, 2023] “LexisNexis announced the launch of Lexis+ AI, a new product that uses large language models (LLMs), including GPT-4, to answer legal research questions, summarize legal issues, and generate drafts of documents such as demand letters or client emails. Lexis+ AI is “a tool that will transform legal workflows,” said Jeff Pfeifer, chief product officer for LexisNexis in Canada, Ireland, the U.K. and the U.S., said during a preview yesterday for members of the media. “Our solution is designed to leverage the latest in generative AI technology with trusted insights from LexisNexis.” Meanwhile, the other legal research giant, Thomson Reuters, owner of Westlaw, said this week that it plans to invest some $100 million a year in artificial intelligence, and that it will start incorporating generative AI into its flagship products in the second half of this year. For now, LexisNexis will limit availability of Lexis+ AI to a select group of Am Law 50 firms that will participate in a commercial preview. They include Baker McKenzie, Reed Smith, and Foley & Lardner. General availability will likely come later this summer, Pfeifer said…”

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