LexisNexis, a RELX Company Strengths, Domain Expertise, and Key Differentiators
LexisNexis is a global provider of content-enabled workflow solutions designed specifically for professionals in the legal, risk management, corporate, government, law enforcement, accounting, and academic markets. It is part of RELX Group and serves customers in more than 130 countries with more than 10,500 employees worldwide.
LexisNexis is focused on introducing next-generation products and solutions on the global New Lexis platform and infrastructure.
Flagship products for legal research are Lexis.com, Lexis Advance and InterAction CRM.
LexisNexis continues to invest in advanced ML and AI capabilities that help power Lexis Advance.
In 2018, these technologies were used to enhance the Lexis Answers solution which leverages advanced NLP technologies, with the introduction of additional question types and features.
LexisNexis, a RELX Company Recent Developments
In 2018, LexisNexis enhanced Lexis Advance by incorporating advanced visualizations including 'Ravel View', a visualization enhanced by Shepard’s treatment insights that transform traditional case law search lists into a map of the most authoritative cases.
In 2018, LexisNexis also introduced Shepard’s Case Card, which visually displays key Shepard’s data such as the number of citing references, type of treatment and most cited headnote for case law search results.
LexisNexis also continues to expand the reach of its decision tools and analytics.
In 2018, LexisNexis launched Lexis Analytics, a suite of analytics tools that incorporates the capabilities of Lex Machina, Intelligize, and Ravel Law. In conjunction with the launch of Lexis Analytics, LexisNexis also launched Context, a legal language analytics solution that enables users to extract language deemed most persuasive by judges from court opinions, challenges, and motions. The legal analytics tool Lex Machina also extended its reach with the addition of four new modules in 2018, including Trade Secret and Insurance, taking the total number of practice areas covered to 13.
Lexis Practice Advisor rolled out an additional eight modules, including Antitrust, Data Privacy and Security, and Trusts and Estates, taking the total to 17 active modules.
In the Intellectual Property analytics space, LexisNexis proprietary Patent Asset Index, created by PatentSight, is used by corporations worldwide to manage and value their intellectual property portfolios.
In 2018, LexisNexis also launched a State Law Comparison Tool on Lexis Practice Advisor, which covers four practice areas and 51 jurisdictions. The tool compares differences in the law across state jurisdictions and produces a cust.
LexisNexis, a RELX Company Mergers and Acquisitions (M&A) Activities
LexisNexis acquired Lex Machina, creator of Legal Analytics, a technology platform that transforms how law firms and companies excel in the business and practice of law. Lex Machina delivers a Software as a Service platform that helps lawyers predict the behaviours and outcomes of different legal strategies by mining, tagging, categorizing and enhancing millions of Federal court dockets and documents.
LexisNexis, a RELX Company Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying LexisNexis, a RELX Company applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of LexisNexis, a RELX Company and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified LexisNexis InterAction, customers.
LexisNexis, a RELX Company Overview
Ownership: - LON: REL
Number of Employees: 10500
Key Verticals: Professional Services,
LexisNexis, a RELX Company Key Enterprise and Cloud Applications
LexisNexis, a RELX Company Revenues, $M:
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* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
LexisNexis, a RELX Company Revenue Breakdown By Type, $M:
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LexisNexis, a RELX Company Enterprise Applications Revenues By Functional Markets, $M:
LexisNexis, a RELX Company Enterprise Applications Revenues By Verticals, $M:
LexisNexis, a RELX Company Revenues By Region, $M
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LexisNexis, a RELX Company Direct vs Indirect sales
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LexisNexis, a RELX Company Customers - Breakdown by Geo, Size, Vertical and Product
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No. of LexisNexis, a RELX Company Enterprise Applications Customers: x
No. of LexisNexis, a RELX Company Cloud Customers: x
No. of LexisNexis, a RELX Company Cloud Subscribers: x
Serving customers in more than 130 countries, LexisNexis provides resources and services that inform decisions, increase productivity and drive new business.
LexisNexis helps professionals work faster, more easily, and more effectively through its research service portfolio, which offers access to 60,000 sources for legal, news, business information and public records. Each day the service processes more than 40 million documents and 77 million public records, with more than 1 trillion connections across all content types.
In March 2018 LexisNexis sold LexisNexis eDiscovery product suite to CloudNine, a legal discovery technology company with expertise in simplifying and automating the discovery of data for audits, investigations, and litigation.
LexisNexis, a RELX Company Market Opportunities, M&A and Geo Expansions
In 2018, LexisNexis continued to release new versions of Lexis Advance, an innovative web and mobile application designed to transform how legal professionals conduct research and use analytics and data to drive decision making.
Built on the New Lexis advanced technology platform, Lexis Advance allows customers within legal and professional organizations to find relevant information more easily and efficiently, helping to drive better outcomes.
In 2018, LexisNexis further increased practical guidance functionality. This included adding greater depth and practical overlay to the core content set, launching new content types such as interactive workflow documents, as well as further investment in LexisPSL’s search capability.
Contract productivity and proofreading tool LexisDraft is widely used among the largest law firms, while MLex has become a leading source of regulatory news and insight for legal professionals. Tolley, the LexisNexis tax intelligence suite, continued to expand its reach in 2018, with tax firms of all sizes leveraging TolleyLibrary and TolleyGuidance.
In the UK, LexisNexis is a leading legal information provider offering an extensive collection of primary and secondary legislation, case law, expert commentary, practical guidance, and current awareness.
Its extensive portfolio includes a number of leading brands: Halsbury’s, Butterworths, Tolley, MLex, and Jordan Publishing.
In 2018, LexisNexis has continued to bring increasingly sophisticated analytics to market, such as Tolley. AI, a question-and-answer research tool that uses NLP to understand and answer customer questions within the tax practice area.
In South Africa, LexisNexis launched a regulatory monitoring service for 13 African countries, through its online Lexis Assure product. In Austria, LexisNexis launched two modules for Lexis360, targeting the tax and corporate segments, adding video content and webinar capabilities. In the Middle East, LexisNexis launched Gulf Legal Advisor, an integrated practical guidance solution. In the Asia Pacific region, LexisNexis continued its focus on providing authoritative local online content embedded in decision tools for legal professionals. In Australia, the New South Wales Court of Appeal Analyser was launched with data visualization, and New Zealand launched ComplyHub, which is a regulatory compliance tool for small and medium-sized businesses. LexisChina released a new version of its flagship online legal research platform with improved user experience features and expanded the content.
LexisNexis, a RELX Company Risks and Challenges
Migrating to the Cloud is a work in progress.
LexisNexis, a RELX Company Ecosystem, Partners, Resellers and SI
LexisNexis Legal & Professional products and services are generally sold directly to law firms and corporate, government, accounting and academic customers on a paid subscription basis, with subscriptions with law firms often under multi-year contracts.
LexisNexis Legal & Professional is headquartered in New York and has further principal operations in Ohio, North Carolina and Toronto in North America, London and Paris in Europe, and cities in several other countries in Africa and Asia Pacific. In international markets outside North America, LexisNexis serves legal, corporate, government, accounting and academic markets in Europe, Africa and the Asia Pacific with local and international legal, regulatory and business information.
The most significant of these businesses are in the UK, France, Australia and South Africa.
In Canada, LexisNexis enhanced Lexis Advance Quicklaw by incorporating advanced data visualization with the introduction of search Term Maps.
LexisNexis, a RELX Company Cloud Infrastructure Insights
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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