Did you know? The litigation software tools and business of law software tools have been combined into a single software division headquartered in our new Software Center of Excellence in Raleigh, NC. These slides were part of the presentation by the top LexisNexis software executive, Michael Lipps, at ILTA 2014. In it he maps what LexisNexis sees as top 5 technology trends in the legal community against a number of product updates in the software portfolio.

1. Finding the Competitive Edge
Legal Technology Opportunities to
Optimize Your Practice
Mike Lipps
Managing Director
LexisNexis
Business & Litigation Software Solutions

2. Presenter
Michael Lipps
Managing Director
LexisNexis Business & Litigation Software Solutions
•Heads up newly formed LexisNexis Raleigh Technology Center.
•Provides workflow and technology solutions that support
litigation management, client development, matter and practice
management, and legal analytics.
•Member of the LexisNexis Executive Management Committee.
Prior to joining LexisNexis, Mr. Lipps was with Intuit Inc. for over 14
years, where he held a number of software product management &
marketing leadership roles, including Director/General Manager,
QuickBooks Financial Software.

3. Objectives for Today
Share our perspectives on current legal & technology
trends Need that New are Tools changing to Maximize how Revenue
legal work gets done.
Overview how LexisNexis software & technology is
evolving Demand to help for Big you Data take Decision advantage Making Tools
of those trends.
Answer any questions you might have.

4. And Give Some Glass!
Answer any questions you might have.

5. Who We Are Today
Business and Litigation Software Solutions

6. Who We Are Today
LexisNexis Business & Litigation Software Solutions provides
innovative business management and litigation solutions for legal
professionals
Business of Law Litigation
Law Firm Practice Management
Enterprise Legal Management
Legal-Specific CRM
Electronic Discovery
Case Analysis
Trial Presentation
Data Hosting and Managed
Technology Services
Help firms gain increased control of
e-discovery with flexible, integrated
solutions for early data assessment,
processing, review and seamless chain of
custody.
Help professionals at law firms and legal
departments manage the business
element of their practice or departments
with innovative solutions.

7. Technology Trends

8. Trends
Increasing Corporate Counsel Focus on Legal Cost Management
Emergence of Cloud and Mobile Solutions
Need New Tools to Maximize Revenue
Demand for Big Data Decision Making Tools
Increased Demand for End-to-End Solutions

9. Trends
Increasing Corporate Counsel Focus
on Legal Cost Management
71%
In-House Counsel under significant pressure to
reduce legal costs, especially external spend 38%
Plan to make changes to department
spending habits in 2014
24% Of Law Firms describe rate pressure from
Corporate Counsel as pervasive

10. TCroeunndsselLink
LexisNexis CounselLink is a scalable cloud solution that
provides e-billing and matter management functionality.
It helps corporate legal departments:
7-10%
External
Counsel
Savings
+ 8-10%
Internal
Spend
Savings

11. Legal Spend Management
Analytics and benchmarking
enable legal departments to:
•Control costs
•Make budgeting/forecasting more predictable

12. Trends
Emergence of Cloud and Mobile Solutions
91%
Lawyers are using smart phones for law-related
tasks outside the office 72%
70% Of firms are currently using, implementing
Legal professionals believe law firms overall
are more likely to consider the cloud in 2014
or have cloud solutions on their IT roadmap

13. Trends
TOP 5 BARRIERS TO CLOUD ADOPTION

14. Work Anywhere
LexisNexis Firm Manager ® is mobile practice
management for the independent attorney.
Our Vision
Deliver customer-driven legal software that is faster and
more intuitive to help attorneys more easily manage
their practice and their business.

15. LexisNexis Firm Manager

16. Hosted Litigation Solutions
LAW PreDiscovery and Concordance Evolution
can now be hosted in LexisNexis’ secure MTS
data centers globally or offered in an on-premise
private cloud (VBlock), with as much or little
service as you need….a cost-effective way to
handle large-scale e-discovery projects.
Our Vision
Enable our firms to diversify their e-discovery applications
and accelerate the time to deployment of a cloud-based
system.

17. VCE On-Premise Cloud
Bundled with LexisNexis eDiscovery Software
4X FASTER
TIME TO
DEPLOYMENT
RESULTS OF SEPTEMBER 2013 IDC RESEARCH STUDY
5X FASTER
TIME FOR
NEW SERVICES
25 days down to 5 days
50% REDUCTION
OF ANNUAL
DATA CENTER
COSTS
160 days down to 40
79% less staff effort
96% REDUCTION
IN DOWN TIME
Pre-integrated, pre-tested and pre-validated eDiscovery system accelerates time to
deployment and increases ability to respond to data demands

18. Trends
Need New Tools to Maximize Revenue
Emergence of Cloud and Mobile Solutions
Firm leaders say growing firm revenue
is a top 3 priority for their firm 66%
35%
2.4%
Large law firms are 35% of large law firms’
revenues declining
Amount of total revenue that firms are
spending on marketing/business development

19. Business Development
LexisNexis InterAction® is transforming how law
firms operate as a business.
Our Focus:
We are working on technology solutions to make the lives
of business development & marketing leaders, practice
leaders, partners or attorneys easier…and better.

20. LexisNexis® InterAction®
Enhanced Relationship Scoring
• Now tracking emails & your meetings
• Easier Deployment
Automating Data Capture and Quality…
…one contact at a time
• Passive data management

21. LexisNexis® InterAction®
New tools for the Business Development Manager
CCOOMMIINNGG SSOOOONN

22. Trends
Demand for Big Data Decision Making Tools
Law firms indicate that big data tools will
lead to more strategic use of data. 16%
IT People agree that Big Data tools can lead
to more informed, data-driven decisions 85%
2.5TB
1/3 companies involved in e-discovery now
average 2.5 Terabytes+ of data per legal matter

23. E-Discovery
LexisNexis E-Discovery Approach to Big Data
Our Focus:
Provide the control and flexibility our clients need to successfully
manage any type of case, with trusted best of breed tools and
services that save clients’ money and maximize resources.
Our Approach:
Deliver scalable, integrated & accessible solutions, aligned to the
EDRM, assisting with all aspects of document processing, review,
production, analysis and presentation.
This leading technology helps clients save money while reducing
risk through seamless chain of custody.

24. Source: LexisNexis CDI Survey commissioned by Litigation Solutions in 2013
6
Growth of Data Requires Scale

25. Unprecedented Insight
What’s new in LexisNexis® Early Data Analyzer?
• Analytics: Benefit from email threading and near-duplicate
detection, as well as a data-import graph showing trends
and gaps.
• Performance: Take advantage of faster export speed and a
clock for viewing time remaining for analysis, optical
character recognition (OCR), indexing and exporting.
• Ease of use: Tabs on the optional web-enabled interface
now enable you to conduct statistical sampling and drill
down into each document to view email threads, near
duplicates, metadata, etc.

26. Handle Cases of Any Size
What’s new in Concordance Evolution 3.0?
Built-in reviewer activity reporting
Gain deep visibility into your team’s workflow.
Improved exporting
Export a subset of native documents based on a tag (hybrid production) and take
advantage of additional new exporting enhancements.
Better importing
Improved text import for load files allow you to simply point to a folder location and
import the text.
Full-loop synchronization of images, fields and tags
Save significant time—you no longer need to export and run a separate file sync
from Concordance Evolution when you update your LAW PreDiscovery® database.
Unicode™ support
Today’s global lawsuits involve multilingual communication. Simply click a checkbox
for foreign character language support.
Microsoft® Windows® 7 and Internet Explorer® 10 and 11 support now available

27. Concordance® Evolution – LAW
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28. Big Data
In Legal Departments
*CounselLink Benchmarking Database

29. Driving Decision Making
In Legal Departments
CounselLink Insight is an advanced tool for looking deeply into your
costs – and for benchmarking those costs against comprehensive rate
and fee data gathered nationwide.
*CounselLink Benchmarking Database
Sample metrics, include:
• Legal rates
• Hours billed
• Matter costs
• Matter staffing
• Matter duration
• Alternative fee usage
• Efficiency

30. Trends
Increased Demand for End-to-End Solutions
Prefer an integrated solution vs. separate
products for different workflow stages 79%
Vendors in Gartner’s leader category
reported an acquisition in the past 2 years 4/9

31. Enterprise Business Management
LexisOne® is a new legal enterprise
business management solution that
exceeds traditional
practice management offerings.
Our Vision
Helps firm proactively manage costs, improve control,
make informed decisions and optimize resources to
deliver greater value to clients.
What does it mean for the US market?
We are here to talk with firm technologists about what
this could mean for firms in the US and what they need.

32. LexisOne®
Powered by Microsoft Dynamics AX 2012

33. How are we making all of this
happen? Good Question!

34. Our Investment In Technology
• LexisNexis Raleigh Technology Center Opened May 2014 on
North Carolina State’s Centennial Campus
• All N.A. Software Business now together under one leader
• Creating best practices, pooling the best talent
• Strong partnership with leading technology & analytics university
• Won best workplace culture in NCTA awards
• Following through on the 2013 Software Users’ Bill of Rights

35. Questions?
Mike Lipps
Managing Director
LexisNexis
Business & Litigation Software Solutions

36. To learn more, visit us at Booth 412
and talk to a
legal software expert.
Mike Lipps
Managing Director
LexisNexis
Business & Litigation Software Solutions

37. And… Now for the Prize
Drawing….