It’s been a big week for LexisNexis, which on 17 August announced that it has closed a deal to acquire merger control intelligence vendor Caselex, two days after announcing that Lexis+ is now available in Canada.
Caselex has built one of the largest market definitions database of its kind, with 52,000 market definitions from 17,000 merger control decisions – collated and translated from 55 Competition Authorities across Europe, North America, Latin America, Asia and Oceania. The Caselex team check the content for accuracy and consistency, adding insight, analysis and links between content that aids interpretation by competition lawyers.
Market definition often plays a vital role in the application of competition law: a transaction cannot be said to effect competition until the relevant market has been defined. Recent analysis from LexisNexis revealed that 88% of Competition Lawyers surveyed said they wouldn’t be able to complete their job effectively without consulting market definitions, with 79% consulting them at least once a month.
LexisNexis says it will bring its global resources to Caselex, helping to support its expansion into law firms across the UK, Europe, and beyond.
In Canada, meanwhile, Lexis has launched Lexis+, which is a collection of legal information including legal research, practical guidance, analytical tools, brief analysis, and bill tracking capabilities. It provides access to Lexis’ primary law information, including courts and administrative decisions, quantums, Case digests, case citators and current awareness sources. Additionally, Lexis+ Canada gives access to Halsbury’s Laws of Canada.
“The introduction of Lexis+ Canada represents a significant milestone in our strategy to deliver legal solutions that improve lawyers’ productivity, workflow, and their ability to deliver timely and strategic counsel,” said Eric J. Wright, CEO of LexisNexis Canada.
Lexis+ Canada includes:
- Brief Analysis: Extracts citations and legal concepts, recommends other relevant cases, identifies relevant passages, and takes users directly to the document where they are found — all within a dashboard.
- Practical Guidance: Fully integrated practical guidance including practice notes, precedents, checklists, drafting tools and industry insights from leading practitioners easily accessible in experience dock and within legal research results.
- Lexis+ Answers: Responds to natural language search queries with the best, most relevant answer.
- Legislative Pulse:Integrated bill tracking experience that provides users with one convenient location to obtain information on the progress of bills in the federal and provincial legislatures.
- Enhanced search capabilities that give practitioners more control over their research experience, including:
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- Boolean Search Tree: Graphically depicts Boolean searches and highlights the impact of each keyword on search results, enabling users to refine searches for the best results.
- Search Term Maps: Visually depicts clusters of search terms within search results and documents across major content types for fast, easy navigation, trend identification and direct access to relevant information.
“Lexis+ Canada is the result of extensive customer feedback and workflow analysis” said Jeff Pfeifer, chief product officer for LexisNexis North America, UK and Ireland. “Users told us they wanted a solution that improves the quality of their research, speeds the delivery of insights and is easy to use. Lexis+ Canada leverages cutting-edge technology, modern design elements and advanced data visualization to improve research outcomes for lawyers in Canada.”