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Thursday, December 1, 2022

In-house counsel reduce via the Abyss of Data with Reality and Situation Finder on Lexis+

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In-house counsel who work in litigation constantly inform us that probably the most irritating features of their jobs is attempting to find all associated supplies obtainable for instances with related truth and challenge patterns. There’s a huge abyss of data they should wade via with a view to believe they’ve left no stone unturned when researching the deserves and potential dangers related to a lawsuit.

For instance, a single new case that arrives in your inbox may require an intensive evaluation of:

  • Case regulation
  • Verdicts and settlements
  • Knowledgeable witnesses
  • Codes and administrative supplies
  • Doc checklists
  • Secondary analysis and different steerage materials
  • Company data
  • Related scientific supplies

This means of surfacing insightful content material amid the volumes of data on the market typically requires the in-house litigator to go to a number of sources, content material sorts and analysis providers.

Right here is the excellent news: A brand new analysis answer permits in-house authorized professionals to chop via that large physique of data and discover the assets which can be most pertinent to the problems, subjects and details particular to a case they’re looking for to evaluate.

Reality and Situation Finder, which is out there solely on Lexis+®, saves in-house counsel hours of analysis time and provides them higher confidence that their analysis is full. It achieves this elusive purpose with a state-of-the-art Synthetic Intelligence-enabled search taxonomy that works behind the scenes to seek out supplies throughout all content material sources, each authorized and non-legal. This helps authorized professionals discover all of the content material they should consider a case shortly, with precision, and in a single analysis platform that mimics their common workflow.

“It’s necessary for in-house counsel to shortly perceive the potential dangers related to a brand new lawsuit,” mentioned Mark Koussa, principal product supervisor at LexisNexis. “This new software is straightforward to make use of and instantly surfaces an summary of the case that gives in-house counsel with a panorama of authorized and enterprise insights. This helps them get their arms across the scope of the case and know what subsequent steps they should take.”

In-house authorized professionals are reporting three main advantages from their early use of Reality and Situation Finder:

  1. Exact Search

Reality and Situation Finder is powered by distinctive search know-how that attracts on essentially the most complete taxonomy within the trade — greater than 6,000 litigation-specific subjects — to supply extremely related outcomes throughout a number of content material sorts. This contains the flexibility to seek for skilled witnesses by details and points addressed in prior instances that went to verdict or settlement.

  1. Interactive Dashboard

The analysis outcomes are displayed on an interactive dashboard that’s organized across the person’s workflow. The dashboard exhibits the panorama of outcomes throughout all content material sorts for simpler and quicker evaluation of all findings. Customers can simply add or take away search components on the highest stage of the search or inside a content material sort, permitting them to drill down or develop the outcomes displayed. An modern case graph, utilizing Information Graph know-how, connects every case regulation end result to the corresponding: dockets; jury verdicts and settlements; briefs, pleadings and motions; and/or cited statutes and codes.

  1. Complete Content material

Reality and Situation Finder surfaces distinctive content material that goes past conventional authorized analysis and in addition pulls in content material that may solely be obtained from LexisNexis, its sister corporations and unique media companions. This contains Elsevier Well being content material (medical and scientific journals), TotalPatent (mental property and USPTO content material), LexisNexis Danger Options (property data and HR content material) and varied company data databases.

“Reality and Situation Finder offers in-house counsel with the pliability to drill down as deep as they like by tapping all related content material from LexisNexis and our companions, together with each authorized and non-legal content material,” mentioned Mr. Koussa. “So whether or not the in-house lawyer must view case regulation, administrative supplies, scientific studies, public data or anything that’s associated to their matter, it could actually all be accessed with only one click on from the Reality and Situation Finder search outcomes.”

Mr. Koussa offered a particular case instance involving a lawsuit filed beneath the Occupational Security and Well being Act (OSHA) for an alleged office damage. By selecting the Labor and Employment follow space in Reality and Situation Finder and coming into a couple of primary search parameters into the software, an in-house lawyer can immediately receive a panorama of the case that lets them know the place to go subsequent for content material that can allow them to: receive the related case regulation, statutes and codes; view related briefs, pleadings and motions; entry on-point administrative supplies; evaluation Sensible Steerage from specialists within the discipline; establish potential skilled witnesses; and study verdicts and settlements involving comparable litigation.

In-house counsel are discovering that inner adoption of rising authorized know-how options needs to be a key ingredient of their division methods. Gartner forecasts that by 2025, that by 2025, authorized departments will improve their spend on authorized know-how threefold.

“(In-house) authorized leaders are seeing that different departments have discovered success with their tech investments and in addition important developments within the authorized tech market,” mentioned Zach Hutto, director of advisory at Gartner. “That is driving their urge for food to develop their use of know-how to assist workflows and meet productiveness calls for.”

Reality and Situation Finder from Lexis+ is a crucial new tech-enabled authorized analysis software that may ship each productiveness positive factors and extra exact insights for in-house authorized professionals looking for to shortly assess new lawsuits.

To do extra with much less, in the present day’s in-house counsel will need to have quick access to the knowledge they should form authorized technique and adapt to altering circumstances. Lexis+® Basic Counsel Suite offers in-house counsel with an enormous assortment of authorized assets, breaking enterprise and authorized information, and sensible steerage content material that features follow notes, templates and checklists. It’s an all-in-one data useful resource designed for the trendy GC.

Expertise Reality and Situation Finder for your self by signing up for a free 7-day trial of Lexis+ Basic Counsel Suite.

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