At the LegalTech Conference taking place in New York City, Lexis announced a partnership with Microsoft. The competition has tools, but this partnership has all the markings of a competition killer.
LexisNexis research tools will be built into Microsoft Office products, in particular: Microsoft Word, Microsoft Outlook, and Microsoft Sharepoint. This means that no matter what Westlaw comes up with, and no matter what Bloomberg comes up with, Microsoft Office comes ready to use LexisNexis out of the box.
Thus, I would expect Microsoft Office upgrades to be high on every lawyer’s agenda shortly. Your corporate counsel is likely to be begging for it as soon as they hear about it.