LexisNexis® Legal & Professional, has announced that it has completed its acquisition of Henchman, a legal tech company that enriches data from Document Management Systems (DMS) for faster document drafting. Belgium-based Henchman has 170+ legal and corporate customers globally including top U.S. and European law firms and companies.
The Henchman acquisition was previously
Acquisition will combine Henchman’s Document Management System data enrichment with trusted LexisNexis drafting guidance content to deliver personalized generative AI experience
NEW YORK, June 3, 2024 – LexisNexis Legal & Professional®, a leading global provider of information and analytics, today announced it has agreed to acquire Henchman, a legal tech company that enriches data from Document Management Systems (DMS) for faster document drafting. Henchman is a Belgium-based company, founded in 2020, with 170+ legal and corporate customers globally including top U.S. and European law firms and companies.
By acquiring Henchman, LexisNexis will deliver personalized generative AI solutions to customers around the world. Henchman core product functionality will be available to existing and new customers. LexisNexis has immediate plans to utilize Henchman’s technology with its proprietary Retrieval Augmented Generation 2.0 (RAG 2.0) platform in its flagship Lexis+ AI solution, enabling the use of trusted customer data as grounding data for generative AI drafting. Henchman’s capabilities will also be added to Lexis® Create, the Microsoft 365 add-in solution that enables point-of-workflow integration for generative AI drafting in Microsoft Word, Outlook, Teams and Copilot.
Henchman is used by leading law firms and corporations to enrich internal work product, creating a layer of intelligence on contract databases to accelerate drafting tasks.Continue Reading Breaking News: Press Release – LexisNexis to Acquire Document Drafting Tech Provider Henchman
NetDocuments, a native cloud Document Management System is jumping into the Generative AI market for Legal with is announcement of ndMAX. The company plans a suite of generative AI-powered products designed to streamline the entire legal workflow based on practice group needs.
According to the press release ndMAX “enables law firms and legal teams to securely and responsibly apply cutting-edge AI to their own documents and data in order to extract business intelligence and generate novel content.”
Continue Reading NetDocuments Announces “Responsible AI” for Legal with ndMAX and PatternBuilderMax