CounselLink’s FastTrack Changes The Payments Paradigm, Paying Outside Counsel Within Two Days, While Inhouse Teams Get 90 Days to Review Invoices

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A new product out today from the legal department management platform LexisNexis CounselLink could change the paradigm for how legal departments pay outside counsel, enabling law firms to receive payments within two days of initial invoice approval, while allowing corporations up to 90 days to more thoroughly review, process and fund the invoices.

CounselLink…

Breaking: LexisNexis Announces Preview Launch of Lexis Connect, AI-Powered Matter Management within Microsoft Teams

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LexisNexis today announced the preview launch of Lexis Connect, a legal intake and matter management product that works within Microsoft Teams and uses conversational AI assistants to help deliver answers more quickly.

The product is being developed in partnership with Microsoft, and Microsoft’s Corporate, External and Legal Affairs (CELA) department has signed on as the…

Building On Its Acquisition of Parley Pro, LexisNexis Adds Contract Lifecycle Management to CounselLink

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Building on its acquisition last year of the contract lifecycle management (CLM) platform Parley Pro, LexisNexis is today announcing the integration of Parley Pro’s CLM capabilities to its cloud-based CounselLink enterprise legal management solution for corporate legal departments.

CounselLink is also today introducing work intake features designed to facilitate the submission and management…

When Researching Case Law, How Do You Know When It’s Safe to Stop?

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We’ve all been there or heard the stories: You’re a junior associate working on a make-or-break case. Partners are breathing down your neck to meet deadlines. The entire case rests on your shoulders so you have to get it right – even if it means pulling a fourth all-nighter – because if you miss a…

LawNext Podcast: Jeff Pfeifer of LexisNexis on Partnering with NetDocuments to Enrich Law Firm Data

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Earlier this month, at the NetDocuments three-day Inspire 2022 conference for customers and partners, one of the speakers was Jeff Pfeifer, chief product officer for LexisNexis for Canada, the U.K., and the U.S. He was there to speak about a unique partnership between LexisNexis and NetDocuments called Highlights, which embeds LexisNexis case analysis and intelligence technology

The Five Legal Tech Themes I Took Away from #ILTACON22

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I spent last week at ILTACON, the annual convention of the International Legal Technology Association. With nearly 3,000 attendees, it was the third largest ILTACON ever – a particularly significant stat given that we have yet to fully emerge from three years in the grips of the global pandemic.

ILTACON is an opportunity for legal…