Disruption in practical guidance market as Pinsent Masons adopts LexisPSL
LexisPSL has been rapidly expanding its presence within the UK practical guidance market with hundreds of in-house legal teams and 85% of the top 100 law firms now using the product. LexisPSL has been built to form part of an ecosystem of products, allowing it to seamlessly integrate with the primary law resources of LexisLibrary, the LexisDraft proofreading technology and LexisNexis’ document automation solutions.
Simon Collin, Director of Legal Markets for LexisNexis, said: “We are absolutely committed to building the very best practical guidance product in the market. We constantly look for partners who share this vision and will work with us to further evolve the product and help make it even better. In Pinsent Masons we found a world class partner who shared this vision and have worked hand in hand with them to make it a reality.
“Our desire to offer customers a choice in meeting their practical guidance needs goes beyond simply having the best product. Product adoption and change management are critical in these projects and we are determined to make sure our customers get the best return on their investment.”
There were three key reasons Pinsent Masons were looking for a fresh approach: a closer supplier relationship, a cost effective solution and improved user efficiency. Before making the switch, Pinsent Masons insisted on an exhaustive test of LexisPSL under real working conditions. This trial lasted approximately six months and involved around 400 lawyers at their offices across the country.
Lawyers were asked to rate the quality of precedents, practical guidance, current awareness, links to underlying authority, ease of use, search and navigation, as well as to consider the impact on their own service delivery when using LexisPSL.
Most lawyers quickly became confident with LexisPSL and many reported that LexisPSL was more intuitive than other tools they were already familiar with. As anticipated, the strong links between LexisLibrary and LexisPSL also proved “universally popular” with the firm reviewing all facets of LexisPSL with equal rigour.
David Halliwell, Director of Knowledge and Innovation Delivery, at Pinsent Masons said: “Our strategy is to be an international market leader in our five global sectors. We can only do that if our lawyers have access to the best, most up-to-date resources. We are always seeking innovative ways of supporting them. Above all, it’s absolutely essential that everything is relevant to the needs of our clients and their sectors.
“We felt our voice and requirements would be heard by LexisNexis and right from the start there was a great willingness to engage and have dialogue. There is a very high quality link between the guidance and the underlying resources, sources and authority that our lawyers rely on. There’s an efficiency there that is new in this market. For us that was a strong factor.
“At Pinsent Masons we want to be seen to be bold and show that if the product is right we are willing to disrupt the market. I am confident others will follow our lead in adopting LexisPSL.”
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. LexisNexis Legal & Professional, which serves customers in more than 175 countries with 10,000 employees worldwide, is part of RELX Group, a world-leading provider of information and analytics for professional and business customers across industries.
In the UK, LexisNexis (www.lexisnexis.co.uk) online legal solutions include: Lexis®PSL, Lexis®Draft, Lexis®Smart and Lexis®Library. Published resources include both Butterworths® and Tolley™.
About Pinsent Masons
Pinsent Masons is a global 100 law firm, specialising particularly in the energy, infrastructure, financial services, real estate and advanced manufacturing and technology sectors. The firm employs over 3000 people in total, including over 1500 lawyers and more than 400 partners.
The firm’s international footprint encompasses six offices across Asia Pacific – including in Sydney and Melbourne – two offices in the Middle East and four offices in continental Europe. The firm also has comprehensive coverage across each of the UK’s three legal jurisdictions. In 2015 it was named the Most Innovative Law Firm in Europe by the Financial Times, and in 2016 it was named Law Firm of the Year at the Legal Business and Legal Week British Legal Awards.