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Ep 296: How LexisNexis and Harvey Are Partnering to Reshape Legal AI, with LexisNexis CEO Sean Fitzpatrick

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Content provided by Ben Ambrogi, Populus Radio, and Robert Ambrogi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ben Ambrogi, Populus Radio, and Robert Ambrogi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

When legal research giant LexisNexis and legal AI giant Harvey announced a strategic alliance last month, legal tech commentator Richard Tromans called it “possibly the most important legal tech move in a decade.” On today’s episode of LawNext, we go deep into the partnership and its implications with Sean Fitzpatrick, CEO of LexisNexis North America, UK & Ireland.

Through the partnership, LexisNexis will integrate its primary law content, Shepard's citations, and AI technology directly into Harvey's platform, and the two companies will jointly develop agentic AI workflows. The partnership comes on the heels of Harvey's remarkable Series E funding round, raising $300 million at a $5 billion valuation, in which RELX, LexisNexis's parent company, was a participating investor.

So what drove this alliance? In his interview with host Bob Ambrogi, Fitzpatrick reveals it wasn't a boardroom strategy session that sparked this partnership, but rather customer demand from large law firms seeking the combined power of LexisNexis's authoritative legal content and Harvey's AI capabilities.

Fitzpatrick talks about what this means for the future of legal AI, how it addresses the persistent challenge of hallucinations in AI-generated legal content, and whether we're witnessing the emergence of a new model for legal tech partnerships. He also shares insights from recent ROI studies showing dramatic productivity gains for both law firms and corporate legal departments using AI tools.

Thank You To Our Sponsors

This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out.

  • Paradigm, home to the practice management platforms PracticePanther, Bill4Time, MerusCase and LollyLaw; the e-payments platform Headnote; and the legal accounting software TrustBooks.

  • Briefpoint, eliminating routine discovery response and request drafting tasks so you can focus on drafting what matters (or just make it home for dinner).

  • SpeakWrite: Save time with fast, human-powered legal transcription—so you can focus on your practice

  • Paxton, Rapidly conduct research, accelerate drafting, and analyze documents with Paxton. What do you need to get done today?,

If you enjoy listening to LawNext, please leave us a review wherever you listen to podcasts.

  continue reading

310 episodes

Artwork
iconShare
 
Manage episode 491759307 series 2389291
Content provided by Ben Ambrogi, Populus Radio, and Robert Ambrogi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ben Ambrogi, Populus Radio, and Robert Ambrogi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

When legal research giant LexisNexis and legal AI giant Harvey announced a strategic alliance last month, legal tech commentator Richard Tromans called it “possibly the most important legal tech move in a decade.” On today’s episode of LawNext, we go deep into the partnership and its implications with Sean Fitzpatrick, CEO of LexisNexis North America, UK & Ireland.

Through the partnership, LexisNexis will integrate its primary law content, Shepard's citations, and AI technology directly into Harvey's platform, and the two companies will jointly develop agentic AI workflows. The partnership comes on the heels of Harvey's remarkable Series E funding round, raising $300 million at a $5 billion valuation, in which RELX, LexisNexis's parent company, was a participating investor.

So what drove this alliance? In his interview with host Bob Ambrogi, Fitzpatrick reveals it wasn't a boardroom strategy session that sparked this partnership, but rather customer demand from large law firms seeking the combined power of LexisNexis's authoritative legal content and Harvey's AI capabilities.

Fitzpatrick talks about what this means for the future of legal AI, how it addresses the persistent challenge of hallucinations in AI-generated legal content, and whether we're witnessing the emergence of a new model for legal tech partnerships. He also shares insights from recent ROI studies showing dramatic productivity gains for both law firms and corporate legal departments using AI tools.

Thank You To Our Sponsors

This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out.

  • Paradigm, home to the practice management platforms PracticePanther, Bill4Time, MerusCase and LollyLaw; the e-payments platform Headnote; and the legal accounting software TrustBooks.

  • Briefpoint, eliminating routine discovery response and request drafting tasks so you can focus on drafting what matters (or just make it home for dinner).

  • SpeakWrite: Save time with fast, human-powered legal transcription—so you can focus on your practice

  • Paxton, Rapidly conduct research, accelerate drafting, and analyze documents with Paxton. What do you need to get done today?,

If you enjoy listening to LawNext, please leave us a review wherever you listen to podcasts.

  continue reading

310 episodes

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