Today Lex Machina is announcing the launch of  “Custom Insights”  functionality which
will add two new high-voltage analytics tools: Caselist Analyzer and Motion
Metrics
to the  Lex  Machina platform. These interactive tools will
put customized competitive insights within  reach of every subscriber. I
found the variety, flexibility and granularity of Lex Machina’s  new
offerings to be truly “breathtaking.”  In a few clicks the Custom Insights
reports can display  interactive charts,
trends and data based on highly specific criteria. Docket analytics platforms
from  competitors such as Thomson Reuters, LexisNexis and Bloomberg Law 
have allowed users to generate litigation reports based on a few standard criteria
such as judge, law firm, party and cause of action. Lex Machina has enhanced
Pacer data to allow deeper and more granular analysis of cases and motions.
Until now these types of reports could only have been generated  after days or weeks of research. 
 
From Dockets to Big Data
There is no
shortage of products selling Pacer dockets. Most are selling access to flat data, not a transformative platform for insights and iterative analysis.Lex Machina which focuses on IP
litigation is about to raise the competitive stakes for lawyers and Lex Machina’s competitors
in the docket analytics space.
Lex Machina
which debuted in 2010 as a platform for analysing IP litigation. The Lex Machina platform combines natural language processing and machine learning. The data is further enhanced with some human curation and a healthy dose of data
normalization. They use a custom taxonomy engine referred to as Lexpressions to analyse and assign tags to each docket.These tags enhance
precision and retrieval .If you ever wondered whether a judge was likely to grant a “motion to transfer” or wanted to estimate the “time to trial” in specific court, Lex Machina now offers such predictive analytics and insights.More than 20 data elements can be combined to create custom reports. (Tags include:Judge, Party, Role, Law firm, Lawyer, Case type, Case status, dates of filing or termination, trial date, damages, resolution,findings, invalidity.)
The Wow
Factor
Each of the
new modules includes at least one ” show
stopping” new feature. Case List Analyser allows you to easily create a custom
list of cases based on key word criteria. These keywords are identified in the
docket or the underlying complaint or motion.A search for
cases involving  “touch screen gestures”
delivers a narrow universe of cases which deal with this very specific issue .
The litigation history of these cases can be compared and analysed.
Motion
Metrics
offers the ability to track “Motion Chains.” This feature enables a
quick review of grants and denials for a specific case. 
Webinar: Lex Machina
will be offering a webinar at 11am PST/ 2pm EST today.
Case List Analyzer
Case List
Analyzer: Key Features
Build a strategy- select cases of interest using custom
defined criteria. Then in a few clicks, create charts, expose trends using
metrics  law
firms, judges, parties issues, damages, patent findings.
Custom Insights for Timing (Analyze Time to
Termination, Claim Construction,Hearing, and Trial, to determine how long it
may take to litigate your case and set your budget.

Custom Insights for Damages (View a breakdown of
patent case damages type(e.g. Reasonable Royalties, Lost Profits) overtime, to
determine the risk and how much is at stake.)

Custom Insights for Case Resolutions  (Review the resolution
of selected terminated patent cases to view analytics on outcomes such as
summary judgment, settlement, voluntary dismissal.)
 
Custom Insights for Patent Findings  (View a breakdown of
each finding of infringement, invalidity, or enforceability and analyze
trends in those case histories)
   
 

Motion Metrics
Motion Metrics
maps each motion in selected cases to determine outcomes.
Track Motion Chains. Compare
motion success by judge, party, or motion type, Examine motion chains and
access the underlying documents.
Judges History Determine
which kinds of motions a judge tends to grant or deny

Assess
opponents
motions history and patterns in cases similar to your own to develop
a “motion strategy.”

Today IP Tomorrow the World?
Lex
Machina does plan to expand beyond IP. Next up they plan to tackle the 80,000
commercial litigation cases filed in the US.

As firms become more focused on understanding the cost of litigation and competitive pricing issues, Lex Machina is positioning itself to address one of the biggest pain points for law firms.Lex Machina’s new  Custom 
Insights tools will be raising the bar for both law firms and Lex
Machina’s competitors. We may be witnessing the opening volley in a competitive
analytics “war”  where established
players and upstarts like Lex Machina vie for a foothold on  the litigator’s desktop.

Here is the
text of the press release:
Lex
Machina Launches Custom Insights: Personalized Analytics for Unprecedented
Insights into Cases, Motions, and Trends
New
capabilities enable lawyers to design their own approach to crafting winning IP
strategy
Menlo Park, November 12,
2014

– Lex Machina, creator of Legal Analytics®, today raises the
bar for legal technology by introducing Custom Insights with the new
release of its Legal Analytics platform. With traditional legal research
tools, it’s difficult not only to find relevant cases, but also to glean key
strategic insights, unless attorneys are willing to drill into each and every
case. This is where Lex Machina gets started. Custom Insights helps
attorneys surface strategic information from only those cases or motions they
care about, quickly and easily. 

To mark the launch of these
exciting new capabilities, Lex Machina will be hosting a webcast on November
13
to demonstrate how in-house and law firm counsel can
leverage Custom Insights in their workflow.

“Since launching our
platform in October last year, our engineers have worked closely with Lex
Machina’s customers to take Legal Analytics to the next level,” said
Josh Becker, CEO, Lex Machina.  “More than predefined charts and graphs,
our customers wanted the flexibility to apply analytics to the cases and
motions that matter to them. With Custom Insights we are delivering a
groundbreaking capability that changes the business and practice of law.”
Lex Machina is introducing these
new capabilities that provide attorneys with Custom Insights:
Case List Analyzer
The new Case List
Analyzer
puts lawyers in the driver’s seat by enabling them to select cases
based on specific criteria and filter the results by case type, date range,
court, judge, patent findings, and more. Available on every case list page, Case
List Analyzer
helps lawyers uncover strategic information and visualize
trends – from how to approach a case, to how to litigate, or how to defend
against legal action. With one click they can see trends and gain actionable
insights across their case selection.
“Case List Analyzer allows
me to quickly compare judges, law firms, parties and patents, using the
criteria I care about.  I can find a judge’s tendency to award damages of
a specific type,” said Scott Hauser, Deputy GC Ruckus Wireless.  “Custom
Insights enables me to craft winning IP strategy.”
Motion Metrics
This new feature identifies
the docket events and documents connected to a specific motion, and offers Custom
Insights
into all activity that led to a court’s grant or denial of that
motion. With Motion Metrics, attorneys can get Custom Insights for
each motion chain within a case to analyze the performance of judges, or
opposing counsel, and also compare motions across districts, judges, parties,
and law firms.
Attorneys are able to
compare motion outcomes and select the strategy that has the highest
probability of producing the desired results. 
Motion Metrics may
reveal that a judge almost never grants a motion for summary judgment,” said
Miriam Rivera, former Deputy GC at Google.  “The ability to see this
information in an instant, not only saves a tremendous amount of time, but also helps me for the
first time to quantify my ROI.”
About Lex Machina
Lex Machina is defining Legal
Analytics
, a new category of legal technology that revolutionizes how
companies and law firms compete in the business and practice of law. Delivered
as Software-as a-Service, Lex Machina creates structured data sets covering districts,
judges, law firms, lawyers, parties, and patents, out of millions of pages of
legal information. Legal Analytics allows law firms and companies, for the
first time ever, to predict the behaviors and outcomes that different legal
strategies will produce, enabling them to win cases and close business.
Lex Machina is used by
companies such as Microsoft, Google, and eBay, and law firms like Wilson
Sonsini, Fish & Richardson, and Fenwick & West. The company was created
by experts at Stanford’s Computer Science Department and Law School. In 2014,
Lex Machina was named one of the “Best New Legal Services” by readers of The
Recorder,
American Lawyer Media’s San Francisco newspaper.
Media Contact:
Nicholas Gaffney
415-377-1131