How LexisNexis State Net uses Gen AI to tame government data

Applications of AI


When state legislatures across the country convene in early January, they will begin the process of introducing perhaps 200,000 new bills and other government actions this year, most in the first few weeks.

And when some of these bills are ultimately enacted, it may already be too late for government officials, compliance, and legal professionals to take the necessary steps, or for internal and external legal counsel to adequately advise client organizations.

To stay ahead of the curve, you need to understand and sift through large amounts of data. LexisNexis State Net is uniquely equipped to meet these challenges.

The platform integrates with Lexis+ AI and other LexisNexis solutions to provide a user-friendly interface that informs you of all legislative activity and status actions in the precise areas you need to monitor.

State Net also features new generative AI capabilities that seamlessly guide you through the potential effectiveness of your initiatives.

Additionally, the platform leverages LexisNexis’ unparalleled historical data to predict how likely a bill is to become law and how long it will take, increasing your ability to make confident data-based decisions.

New regulatory analytics capabilities leverage decades of regulatory activity and advanced machine learning to do the same for regulatory initiatives.

You can schedule a demo here. Or, feel free to read our State Net overview from Lexis Principal David Giusti.

find the law

Many users begin their research on State Net by bringing up a specific law.

State Net allows you to search by general terms as well as the legal bill name and number. The platform also offers extensive tags and filters to easily guide you to the right results.

Once a particular bill is found, State Net displays the most recent version of that document, as well as metadata showing when and how it was changed.

The new feature leverages generative AI to provide an overview of documents as they are viewed, showing key changes, key requirements, affected individuals and organizations, and other data.

State Net also includes a tool to compare different versions of a selected invoice side by side.

Meanwhile, the overview feature allows you to track the progress of your measurements. All recent updates and upcoming events, such as committee hearings and scheduled votes, are displayed.

Based on extensive historical data, State Net also generates a prediction of whether the measure is likely to become law. It also provides a “momentum meter” that shows if your bill is moving slower or faster than usual, as well as a number of other data points.

State Net also introduced a regulatory analytics capability that provides similar analysis for state agency rulemaking.

Finally, a tracking center appears with each selected measure, allowing you to assign different types of tags.

This allows you to link to specific clients, track invoices based on their likelihood of passing the bill, and add your own custom notes, just to name a few.

Cast a wide (but highly targeted) net

Of course, researchers often do not know the specific law they are looking for, but instead want to stay on top of the topic or practice area.

State Net has extensive functionality to find everything you need about your chosen subject and eliminate everything you don’t.

Use State Net’s industry and practice classifications to start searching by topic, and you can also filter by factors such as jurisdiction and state.

State Net customers also have access to LexisNexis problem screening services. In this service, human research analysts leverage technology to further refine queries to relevant results.

This service is particularly useful during the first few weeks of the new year when measures are rapidly introduced.

Mr. Giusti, a representative from LexisNexis, gave examples of research on legislation related to information privacy. A Boolean search returns approximately 20,000 measures.

The problem screening service reduced the number of results to less than 8,000, which were verified through thorough human review.

track topics

Once you decide on the measures to follow, State Net’s extensive tracking capabilities set your system apart.

First, State Net’s tracking console lets you see everything you need to monitor.

For example, you can customize email alerts based on your profile. This will automatically notify you when there is activity on the metrics you are tracking.

Customization capabilities are especially useful for large legal departments and law firms, where organizations cast a much wider net than their individual practice areas.

Tagging capabilities allow individuals to receive alerts and track measures related to topics they need to follow, giving you a much wider reach across your organization.

When a bill becomes law, State Net will include a Code Impact Table that references all of the existing laws and regulations that will be changed.

The code table is linked directly to Lexis+, where you can view the full text of the measures. You also have access to the Lexis+ code comparison tool, allowing you to see changes in their full context.

Additionally, within Lexis+ AI, you can see an AI-based generative overview of how the bill would change current law. (A side-by-side comparison view is also available.)

See for yourself

LexisNexis State Net enables attorneys, government affairs professionals, compliance analysts, and others to make data-driven decisions about where to best invest their legal and regulatory resources.

This allows you to sort through tons of code and suggestions and focus on only what’s relevant to your work, providing predictions backed by LexisNexis’ unparalleled database to guide your planning.

And now, we’re combining generative AI to deliver ever-expanding benefits.

Want to learn more? You can schedule a demo here.



Source link