Belgian legal tech startup Henchman to be acquired by US-based LexisNexis: Know more
Summary
Founded in 2020 by Gilles Mattelin, Jorn Vanysacker and Wouter Van Respaille, Henchman has over 170 customers worldwide, including major law firms and companies in the US and Europe. Co-founder Mattelin, says, “We see this union with LexisNexis as an extension of our drafting vision to proactively surface valuable and strategic insights for customers – delivering a centre 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 organisations.” The deal is expected to close early in the second half of 2024, pending customary regulatory approvals. It uses the enhanced LexisNexis RAG 2.0 platform, drawing on the world’s largest repository of current legal content to ensure high-quality answers and up-to-date citations. The solution is continually improved with input from hundreds of thousands of rated answer samples by LexisNexis legal experts. Over 2,000 technologists, data scientists, and experts work on developing, testing, and validating these solutions to deliver comprehensive, authoritative information.