I’ve written a couple times about Lexis Practice Advisor, a set of practice-specific modules intended to provide transactional lawyers with guidance, tools and information they need for their practices. (See here when it launched and here when new modules were added.)
Today, LexisNexis announced the availability of three additional practice-area modules, covering real estate, intellectual property and technology, and banking and finance. Other modules already available covered business and commercial, California business and commercial, corporate counsel, financial restructuring and bankruptcy, mergers and acquisitions, and securities and capital markets.
These nine modules now cover 80 percent of transactional practices, Lexis says. A module for labor and employment is slated for later this year.
For a more in-depth report on Practice Advisor, see my original write-up. Worth repeating is that a key feature of these modules is the contributions of actual practitioners in the field. Each module includes practice guides written by top firms in the field, forms contributed by practitioners and drawn from actual matters, and legal analysis written by practitioners.
For the real estate module, for example, 160 law firms contributed practice notes, forms and analysis. For the banking and finance module, one contributor was the law firm Sidley Austin.
Here is a summary of key topics covered in these new modules:
- Real estate includes leasing, financing, purchase and sales, construction, brokerage, and property management.
- IP and technology includes obtaining, protecting and enforcing IP rights, licensing, assignment and transfer, IP in mergers and acquisitions, domain name management, Digital Millennium Copyright Act (DMCA) compliance, IP in joint ventures, patent valuation, and privacy and data security.
- Banking and finance includes all aspects of financing transactions, including commitment papers, credit agreements, guarantees, and security interests and Article 9 of the Uniform Commercial Code.
Below is a Lexis-produced video that gives an overview of the Practice Advisor product.