Announcement – June 2024
LexisNexis to Acquire Henchman: A New Chapter in Legal Drafting
Together, our teams will rapidly address a top customer request: the need for easily searchable internal firm and corporation data in combination with LexisNexis content and AI solutions.
As our company mascot Steve Lit highlights in the video above: what a time to be alive. On Monday, June 3rd 2024, LexisNexis announced the planned acquisition of Henchman (link to the full press release here). When we started our journey back in 2020, we realized we just scratched the surface of delivering value to legal professionals when drafting complex contracts. Four years later, we’re humbled to serve over 160 legal and corporate customers in 30+ countries, including top U.S. and European law firms and companies.
During this time, our efforts have been recognized, most recently with the Product of the Year award at the ALM Legal Innovation & Technology Awards 2024. Yet, with the fast evolution of legal tech, it is only just beginning.
We see this union with LexisNexis as an extension of our drafting vision to proactively surface valuable and strategic insights for customers – delivering a center of knowledge to legal teams. We believe the combination of our teams and tech will empower customers to make informed decisions faster, generate outstanding work, and drive economic value for their organizations.
Gilles Mattelin
Co-founder & Co-CEO
What does it mean for our product?
Together, our teams will rapidly address a top customer request: the need for easily searchable internal firm and corporation data in combination with LexisNexis content and AI solutions. By leveraging our focus on creating a layer of intelligence on contract databases to accelerate drafting tasks, LexisNexis will incorporate Henchman’s enhanced document enrichment capabilities in its suite of solutions.
The collaboration will serve as a tremendous catalyst for LexisNexis to deliver a personalized generative AI experience and better serve customers through data enrichment. Henchman’s core product functionality will be available to existing and new customers. LexisNexis has immediate plans to utilize Henchman technology with Lexis+ AI as well as Lexis ® Create, the generative AI solution for drafting in Microsoft Word, Outlook, Teams, and Copilot.
What does it mean for our customers?
We’re still the same, just part of a bigger family. In the short term, everyone interested in (or using) Henchman can expect:
- A product you’re used to: better, faster drafting, enhanced over time with new capabilities.
- A team that you know and love: part of what makes Henchman unique is the passionate individuals behind the platform. The Henchman team will continue to provide exceptional support.
- A truly global identity: with the acquisition, we’re tapping into a wealth of resources and brain power so we can serve you in new and better ways.
- Integrated workflow: our collaboration aims to streamline and enrich your experience, ensuring a seamless integration with Lexis+ AI and Lexis Create.
“We’re excited about this new chapter in our journey, and we look forward to bringing the future of contract drafting to you.”
Gilles Mattelin, Jorn Vanysacker & Wouter Van Respaille
– Henchman’s founders