LexisNexis Canada Launches New Products to Help Lawyers Handle Transactional Matters Efficiently and Confidently
Lexis Practice AdvisorSM supports lawyers within and outside their primary area of practice with “how-to” practice notes, checklists and forms
TORONTO, July 14, 2014 – LexisNexis® Canada (www.lexisnexis.ca), a leading provider of information and technology solutions, announced today that the following three modules are now available for its Lexis Practice AdvisorSM Canada product: 1) Wills, Trusts and Estates, 2) Business and 3) In-House Counsel. Lexis Practice Advisor provides new content, and is primarily built for transactional lawyers, having been written and edited by experts and leading law practitioners.
Lexis Practice Advisor Canada is an online workflow solution that is designed to assist legal professionals with an exclusive range of online content including practice notes, precedents with drafting notes and alternative clauses, checklists, flow charts, and a “how-to” guide in moving matters forward. It helps legal professionals complete transactional matters efficiently and confidently, even with dealings outside their normal area of practice.
Lexis Practice Advisor helps practitioners get up to speed quickly on what to do to address a given topic or transaction. It helps new lawyers become familiar with new matters and transactional practice quickly, so they can start billing. Lexis Practice Advisor can also efficiently refresh a senior lawyer’s knowledge on less-familiar topics or on where the law is changing.
“Lexis Practice Advisor represents a significant shift in the legal publishing landscape. A leap beyond traditional legal research, Lexis Practice Advisor is an intuitive, ‘results-oriented’ workspace that assists lawyers through the completion of tasks, both common and unusual,” said Loïk Amis, Chief Executive Officer at LexisNexis Canada. “With a focus on transactional law, this is the first and only product of its kind in Canada.”
Kyla Mahar of Thornton Grout Finnigan LLP, who is a LexisNexis Canada customer, said, "Lexis Practice Advisor Canada provides a great foundation for every step in a transaction. I think it will really help lawyers give better advice and, in turn, pass on excellent value to clients."
Part of a suite of solutions, Lexis Practice Advisor modules available now include Corporate Law; Business Law (for Ontario and B.C. practitioners); Wills, Trusts and Estates (for Ontario and B.C. practitioners); Insolvency & Restructuring; and Intellectual Property & Technology, with Commercial Law, Mergers & Acquisitions, and Securities modules to be released soon.
All Lexis Practice Advisor materials are continuously updated to reflect the latest developments in the law, for example, the Wills, Trusts and Estates module covers all the recent changes in the B.C. Wills, Estates and Succession Act (WESA), helping to ensuring that practitioners follow the latest and best market practices.
Lexis Practice Advisor key content includes the following:
- Practice notes: Clear, concise, and to-the-point explanations of how to practise the law with links to supporting legislation and case law as authority
- Precedents: Comprehensive collection of contracts, forms, letters and templates with alternative clauses, customized for different scenarios
- Detailed drafting notes: Clause-by-clause notes detailing the implications of particular clauses and alternatives
- Checklists and flowcharts: Snapshots of complex legal processes explained in step-by-step or graphical format
Lexis Practice Advisor enables you to:
- Practice with confidence — All materials are continuously updated, allowing you to focus on client matters rather than time-consuming updating of the law.
- Delegate with confidence — Lexis Practice Advisor allow associates and trainees to work more independently and create higher-quality first drafts, freeing up partner time for practice development and client management.
- Grow your business — Delight your current clients and win new business with improved efficiency and productivity, giving you greater capacity to take on more client work.
Some contributing law firms and organizations include:
- Cassels Brock
- Miller Thomson
- Fasken Martineau
- Blake, Cassels, Graydon LLP
To learn more about Lexis Practice Advisor Canada, please visit https://www.lexisnexis.ca/en-ca/products/practice-advisor.page
About LexisNexis Legal & Professional
LexisNexis Legal & Professional is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis Legal & Professional harnesses leading-edge technology and world-class content, to help professionals work in faster, easier and more effective ways. Through close collaboration with its customers, the company ensures organizations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. Part of Reed Elsevier, LexisNexis Legal & Professional serves customers in more than 175 countries with 10,000 employees worldwide.
At LexisNexis Canada, offerings include the Quicklaw® online legal research service; Butterworths® print and e-book titles; Quicklaw® for Microsoft® Office; the PCLaw® practice management solution; Lexis Practice AdvisorSM Canada, and leading e-discovery and litigation solutions such as CaseMap®, Concordance® Evolution, LAW PreDiscovery™ and LexisNexis® Early Data Analyzer.