Today vLex is announcing a suite of AI tools in its research assistant platform Vincent AI. Since the merger with Fastcase in 2023, vLex has offered the “world’s most comprehensive AI legal research platform.” vLex has launched an invitation-only beta which includes a suite of large language model (LLM) tools. The beta will be offered to additional users in the coming months.
This announcement ratchets up the already feverish competition taking place in the legal research market. Thomson Reuters recently purchased Casetext CoCounsel for 650 Million and is expected to launch an integration with Westlaw Precision before the end of the year. LexisNexis is testing AI tools with customers and Bloomberg Law has made AI tools available in an Innovation Studio. All are expected to launch LLM enabled AI tools in the near future. I anticipate that we are in for a year (or maybe a decade) of leapfrogging AI technology launches. .
“AI tools are only as good as the data they rely on,” said vLex CEO Lluís Faus, “and the vLex law library is one of the largest collections of structured law on the planet, including leading expert commentary. That leads to unprecedented insights for legal tasks. For legal LLMs, this release is a major improvement. It is as big as the jump from ChatGPT to GPT4. The results are astonishing.”Continue Reading vLex Launches First Global AI Legal Assistant: Vincent AI for Research and Drafting