Today Microsoft and Thomson Reuters are announcing a unique partnership for the integration of Thomson Reuters content including generative AI capabilities into the Microsoft 365 Copilot product. According to the Press Release:
Working with Microsoft, Thomson Reuters has developed a contract drafting solution, powered by its legal products and content, and Copilot for Word. Delivering
For the past few decades, the traditional law library has been transformed by the digitization of statutes, regulations, and commentary.
Law Librarians and KM professionals have become the curators of an ever-expanding universe of commercial, dynamic data sources including company profiles, competitor profiles, experience data, insights into judges, experts, and arbitrators, deal data, dockets, and
Today Thomson Reuters announced the launch of HighQ Contract Analysis. The produce speeds contract review and analysis with
machine learning technology. to answer the specific questions legal professionals want to address – in an easy-to-read report.
According to the press release, HighQ Contract Analysis leverages machine learning and pre-trained models “to help attorneys increase efficiency, reduce risk, and accelerate the contract-review process for transaction due
Continue Reading Thomson Reuters Launches AI-Powered HighQ Contract Analysis
In a prior post I reported survey results on products to be purchased in 2020 and 2021… which included a fairly broad spectrum of products. Major vendors Lexis, Westlaw, Bloomberg and Wolters Kluwer were evenly represented at the top of the list. There were dozens of additional products identified by one or two responders. Today I am reporting on responses to the survey results on cancellations which presents a dramatic contrast. One product stood alone as the most likely to be cancelled. That product is LexThe 2020-2021 Dewey B Strategic Hits and Misses survey asked responders to identify products purchased in 2020 or to be purchased in 2021. Despite the financial concerns triggered by the pandemic, law firm librarians continued to consider new products. Some new products such as Westlaw Edge and Lexis + are often driven by an impeding contract renewal. Other product selections are driven by practice demands as well as a desire to remain competitive by introducing innovative solutions and enhance productivity.
The Top Products Four was the magic number this year. Each of the top vote getters were identified by 4 responders as new purchases.
Continue Reading The Dewey B Strategic 2020-21 Hits and Misses Survey: What Research, KM/Workflow and Analytics Products are Readers Buying?
Respond to the 2020-21 What’s Hot and What’s Not Survey here. Although the world was shut down by the pandemic, our friends in legal tech continued their pursuit of innovation and market share. Most of us had a sense of whiplash and disbelief when the world came to a virtual halt in March 2020. Law librarians who had built digital libraries over the years offered their attorneys a fairly seamless transition to their work from home desktop. Within weeks most legal publishers had developed a special COVID offering. These ranged from free alerts, to primary sources and workflow toolkits. Despite all of these efforts law librarians and knowledge managers faced a gap in COVID coverage. Almost overnight a “gray literature” emerged which major legal publishers were not
Continue Reading What’s Hot and What’s Not? Welcome to the Dewey B Strategic 2020-2021 Hits and Misses Survey
Lexis+ Litigation Analytics offers the following types of insights:
Bifurcated Data: Enhanced Analytics and “everything else”
Continue Reading Lexis Adds Lex Machina and CourtLink Analytics to the Lexis+ Ecosystem
Legal publishers Casemaker and Fastcase are announcing a merger of their two companies. According to the press release ” The two 
companies will combine their teams and technologies to innovate research, analytics, and workflow offerings that empower lawyers with powerful digital solutions for their clients.”
I spoke with Ed Walters CEO of Fastcase yesterday. He
Today American Lawyer Media and LexisNexis announced the extension of their strategic alliance with a new content agreement. 
According to the press release, the agreement “lays the groundwork for expanding the integration of ALM content within LexisNexis legal research solutions.”
LexisNexis and ALM, have an an exclusive agreement since 2011, which made ALM’s iconic content including 
The American Lawyer, Corporate Counsel, The National Law Journal, Legaltech News, New York Law Journal and other specialty publications available through the Lexis+ and Lexis® legal research solutions and Nexis® Newsdesk. This extension ensures that current news from ALM will continue to be available to LexisNexis customers.
Breaking News: I also received an exclusive statement from Richard Caruso, General Manager, Global Legal News, ALM, stating that “Lexis no longer has an exclusive to our content archive, allowing us to open up licensing opportunities with other Legal research providers; we are planning on announcing a new agreement very soon.”
What this means for Lexis and ALM subscribers:
Market Impact This will offer some relief ALM 100 law firms who are are rebelling against LexisNexis’ increasingly aggressive tying
Continue Reading Breaking News: ALM Ends Exclusive Relationship with LexisNexis While Extending LexisNexis Alliance