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LexisNexis Austria: Major expansion in CEE brings new opportunities!
LexisNexis Austria announced today, June 10, 2025, that it will expand its presence in Central and Eastern Europe (CEE), Switzerland and Liechtenstein. This expansion is the result of LexisNexis' continued growth and aims to bring the company's AI expertise to new markets. LexisNexis is positioning itself as a provider of legal and business information systems as well as a provider of innovative legal tech tools in the CEE region. LexisNexis CEO Susanne Mortimore emphasizes how important this expansion is to the company's future strategy and growth. Through the expansion, customers benefit from a number of...
LexisNexis Austria: Major expansion in CEE brings new opportunities!
LexisNexis Austria announced today, June 10, 2025, that it will expand its presence in Central and Eastern Europe (CEE), Switzerland and Liechtenstein. This expansion is the result of LexisNexis' continued growth and aims to bring the company's AI expertise to new markets. LexisNexis is positioning itself as a provider of legal and business information systems as well as a provider of innovative legal tech tools in the CEE region. LexisNexis CEO Susanne Mortimore emphasizes how important this expansion is to the company's future strategy and growth.
As a result of the expansion, customers benefit from a number of advantages. This includes synergy effects thanks to cross-border resources and expertise as well as the introduction of the international LexisNexis product portfolio, including AI components. In addition, the development of technologically sophisticated products and services in the new markets that are specifically tailored to local needs should be promoted. LexisNexis plans to take strategic actions and collaborate with local partners in the coming months to better understand customer needs and develop sustainable strategies.
Growth through artificial intelligence
The study shows that the Generative AI solution Lexis+ AI significantly increases lawyer productivity, resulting in improved work quality and increased client satisfaction. Key findings include savings of up to 2.5 hours per week for partners and senior attorneys, generating a total of $1.8 million in profits. Junior Associates are also mentioned recovering up to 35% of their hours previously spent on non-billable activities, representing an additional profit of $6.2 million.
Technological advances in the legal system
The integration of artificial intelligence into the legal industry is not just a trend, but is increasingly seen as essential. According to a report from KPMG, AI-powered software enables the automated creation of legal documents, including contracts and statements of claim, resulting in significant time savings. By entering specific data, personalized documents can be created that meet all legal requirements. These systems are also capable of analyzing large volumes of legal documents and extracting relevant information. This is particularly beneficial for due diligence and contract reviews.
Additionally, AI-based chatbots provide legal information in understandable language and are available 24/7, democratizing access to legal advice. The new tech era enables lawyers to find relevant legal texts and precedents much more quickly, making the search for information less time-consuming and enabling deeper analyzes of the legal situation.
LexisNexis' expansion plans and the positive impact of artificial intelligence on law firms suggest that the combination of high-quality information and innovative technologies will play a key role in the future development of the legal market. This also underlines LexisNexis' position as a leading provider of intelligent legal information.
LexisNexis Austria is expanding in Central and Eastern Europe ots.at.
Lexis+ AI Drives $30M Law Firm Growth globenewswire.com.
The role of AI in the legal system kpmg.com.