Hi,
the LabJack cannot be set-up for regular LabView DAQ.
But: There are vis in the LabJack distribution, located somewhere under C:\Programs\LabJack (look out for ljackuw.llb). There are also several examples. The vis simply mirror the corresponding c library functions, as they are described in the LabJack documentation, so that should be a good starting point.
Best regards
Matthias