Lexisnexis Austria: Great expansion in CEE brings new opportunities!
Lexisnexis Austria: Great expansion in CEE brings new opportunities!
On June 10, 2025,lexisnexis Austria announced that the company will expand its presence in Central and Eastern Europe (CEE), Switzerland and Liechtenstein. This expansion is the result of the continuous growth of lexisnexis and aims to make the company's AI competence accessible in new markets. Lexisnexis thus positions itself as a provider of legal and business information systems as well as as a provider of innovative legal tech tools in the CEE region. The CEO of Lexisnexis, Susanne Mortimore, emphasizes how important this expansion is for the future strategy and the growth of the company.
Due to 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, which are specially tailored to local needs, is to be promoted. Lexisnexis plans to take strategic measures in the coming months and to cooperate with local partners in order to better understand customer needs and to develop sustainable strategies.
growth through artificial intelligence
The study shows that the generative AI solution Lexis+ AI significantly increases the productivity of lawyers, which leads to an improvement in work quality and increased customer satisfaction. Among the most important findings are the savings of up to 2.5 hours a week for partners and experienced lawyers, which earns a total of $ 1.8 million in profit. For Junior Associates, a restoration of up to 35% of your hours, which were previously used for non -billable activities, is also mentioned, which means an additional profit of $ 6.2 million.
technological progress in law
The integration of artificial intelligence into the legal industry is not only a trend, but is increasingly considered essential. According to a report by KPMG, AI-based software enables the automated creation of legal documents, including contracts and plaintiffs, which brings significant time savings. By entering specific data, personalized documents can be created that meet all legal requirements. These systems are also able to analyze large amounts of legal documents and extract relevant information. This is particularly advantageous for due diligence and contract reviews.
In addition, AI-based chatbots offer legal information in an understandable language and are available around the clock, which democratizes access to legal advice. The new tech era enables it to be found: to find relevant legal texts and precedent cases much faster, which makes the information search less time-consuming and deeper analyzes of the legal situation are possible.
The expansion plans of lexisnexis and the positive effects of artificial intelligence on law firms indicate 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 the position of lexisnexis as a leading provider of intelligent legal information.
lexisnexis Austria is expanding in Central and Eastern Europe .
lexis+ ai drives the growth of $ 30 million in law firms The role of Ki in the legal system kpmg. .
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| Ort | Österreich, CEE-Region |
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