05 June 24 - Media Release
National law firm Holding Redlich announces the permanent adoption and integration of Lexis+ AI, a generative AI advanced legal research technology solution from LexisNexis, into its practice. LexisNexis, a leading global provider of legal information and analytics, teamed up with Holding Redlich 12 months ago to tap into the firm’s expertise for advice and feedback as part of its commercial preview program.
Lexis+ AI technology features conversational search, insightful summarisation, and intelligent legal drafting and document upload capabilities, all supported by state-of-the-art encryption and privacy technology to keep sensitive data secure. All results are backed by verifiable, citable authority or source.
Keren Smith, Chief Knowledge Officer at Holding Redlich, is excited about the future of legal research technology.
“Lexis+ AI capabilities, including conversational search, insightful summarisation, and intelligent document drafting, will not only expedite research processes but also help to deliver efficiencies and effectiveness for legal practitioners,” Ms Smith said.
“The case summary feature significantly expedites our research, allowing lawyers to quickly identify relevant cases and avoid irrelevant ones. This alone has the potential to save significant amounts of time. Last week, one of our lawyers spent four and a half hours completing a legal research task using traditional research methods. Using Lexis+ AI, he was able to replicate that same task in 30 minutes.”
In October, Holding Redlich hosted a Turing test demonstrating that Lexis Argument Analyser, an extractive AI feature could outperform human capability in suggesting relevant case law to strengthen legal submissions. The firm’s Tech-a-Thon sessions in 2023 provided valuable insights into the capabilities and potential of AI-driven legal research.
“However, to get the most from Lexis+ AI, or any other generative AI legal research tool, you still need to be a legal professional. Used correctly, these tools will free up time for lawyers to focus on other important tasks such as building their client base.
“It is an excellent starting point, but lawyers still need to read cases and apply the same standard of due diligence such as checking accuracy of footnotes and citations as they would with traditional legal research.”
Built on the robust foundations of Anthropic’s Claude 2 and OpenAI’s GPT-4 and trained on LexisNexis’ extensive repository of 1.23 million court opinions, statutes, filings, and secondary materials, Lexis+ AI is designed to automatically generate various legal documents. The platform also ensures that human oversight remains integral, with users required to review and adjust the AI-generated drafts.
Greg Dickason, Managing Director at LexisNexis Asia Pacific, said: “We’re thrilled to bring this transformative technology to our Australian customers. The Lexis+ AI solution is a proven first-of-its-kind tool for lawyers and will dramatically improve the speed, quality, and effectiveness of their practice and business regardless of where and how they practice law.
“Lexis+ AI safeguards against the two greatest risks of applying generative AI to the legal sector: infringing client confidentiality and producing legal documents that reference inexistent statutes or case law. Prompts are encrypted and the model does not learn from them. They are also deleted so IP is protected,” he said.
Lexis+ AI also mitigates against the risk of generating court fillings containing hallucinated precedents. After generating a court document, Lexis+ AI validates its citations against its entire database of primary and analytical content.
Grounded in one of the largest repositories of accurate and exclusive legal content, Lexis+ AI combines generative AI with proprietary LexisNexis search technology and authoritative content and is anticipated to save Australian lawyers an average of 11 hours per week across research, drafting, client communications, and case summarisation activity.
“We are supporting the research and development of generative AI across the industry,” added Keren. “LexisNexis is a key content provider, so their roadmap will be closely watched and will inform our own innovation program so that we continue to deliver tailored legal solutions for our clients. As one of the first large law firms to adopt Lexis+ AI, we are pleased to see the legal research efficiencies the tool has to offer.”
“We anticipate that Lexis+ AI will bring even greater benefits, supporting our commitment to innovation and excellence in legal service.”
23 October 2024 - Media Release
Geoff Farnsworth, partner at Holding Redlich has been elected president of the Chartered Institute of Arbitrators - Australia Branch (Ciarb). A leading transport and commodities lawyer, Farnsworth has more than 30 years’ experience, now specialising in providing strategic and effective legal advice in the shipping space.
11 October 2024 - Media Release
Holding Redlich is pleased to announce the expansion of its Canberra office with the addition of seven new team members, including Philip Jones-Hope as a partner.
20 August 2024 - Media Release
Holding Redlich today announces the appointment of Dhanushka Jayawardena as Partner to further strengthen the firm’s Corporate & Commercial and Property practices, enhancing its capabilities in mergers and acquisitions, funds, and property transactions.