product that transforms data on more than 3 .5 million companies, 7,000 law
firms and all active federal judges into actionable insights. The product is positioned as strategic planning tool for litigators by analyzing past patterns of judges behavior such as motion grants/denials and time to trial.
- Motion Outcomes and Appeals Outcomes include the full time period that a judge has been on the bench.
- Length of Time and Appearance/Case Types are docket based analytics covering back to 2007.
- Company search and Law Firm search are docket based analytics covering cases back to 2007.
Here are some sample reports:
Bloomberg Advantages. The one obvious advantage that Bloomberg will have out of the gate – is that they appear to be offering analytics on all types of federal litigation. Lex Machina intends to expand their coverage beyond IP and securities over the coming year – but for now Bloomberg Law appears to be the only product offering the insights into practice areas such as labor law, contract disputes and civil rights which are not yet covered by Lex Machina.
A second advantage is that in keeping with Bloomberg Law “all in” contract approach, every Bloomberg Law subscriber automatically gets access to all new content and features. Lex Machina is not integrated into Lexis and must be purchased under a separate license. Thomson Reuters also offers litigation analytics on a separate platform the Intelligence Center, which cannot be accessed from Westlaw and which requires a separate subscription.
In this hyper-competitive legal market, building products such as Litigation Analytics which feed law firms insatiable appetite for competitive insights is smart marketing strategy.
* Correction of original post regarding coverage dates.
18, 2016)— Imagine if attorneys could counsel their clients on how long
judges typically take to resolve cases, how they rule on dispositive motions,
and how often they are overturned on appeal. Insight to those important
questions, along with a host of other predictive analytics invaluable to trial
lawyers, litigation managers and business-generating rainmakers, are now
available on Bloomberg Law.
Bloomberg Law announced the launch of Litigation Analytics, which draws
on both comprehensive court opinions (both published and unpublished) and
docket information in Bloomberg Law’s vast databases to help inform litigation
strategies and understand potential impacts of judges and courts, revealing
Jack Weinstein in the Eastern District of New York has been almost four times
more likely to deny a motion to dismiss in full than Judge Jesse Furman in the
Southern District of New York. The disparity is particularly noticeable
when it comes to corporate law cases, where Judge Weinstein has been five times
more likely to deny a motion to dismiss in full.
Leonard Stark in the District of Delaware had – to an extraordinary degree –
the busiest bench of the judges we sampled over the past five years: the top
three firms appearing before him appeared a total of 1050 times.
Law Litigation Analytics allows attorneys to devise informed litigation
strategies and anticipate outcomes to a degree we could simply not approach
before,” said Cassandra Collins, partner in the Business Litigation practice at
Hunton & Williams LLP. “The depth of intelligence that can be gleaned from
this product is going to make it a go-to resource not only for litigators, but
also law firm business developers, marketers, and law librarians.”
introduction of Litigation Analytics, Bloomberg Law becomes the first
and only full-service legal research and business intelligence platform to
include this type of solution, together with access to a comprehensive case law
and dockets collection. In addition to providing insights about federal judges,
Litigation Analytics includes extensive information on the litigation
activities of companies (more than 70,000 public and 3.5 million private
companies), as well as the law firms that represent them.
universe of data allows law firms and corporations to make more informed
decisions on critical strategic issues such as where to file or remove a case,
whether or not to settle, whether or not to pursue an action in the first
place, and even which law firm to retain or consider—all of which are likely to
be influenced by the success rate of cases before particular judges and the
length of time that judges take to make decisions.
legal departments and law firms will also find Litigation Analytics
instrumental in gaining intelligence on their competitors and industry peers,
as well as each other. Thus, a general counsel can instantly discover how many
product liability cases a specific law firm has litigated in California to
determine which law firm might best represent a company, while a partner can
find out which firms a client prospect is using for environmental cases in New
mission at Bloomberg Law is to create technology that enhances our clients’
legal practices, and there’s no better example of that mission in action than
this new solution,” said David Perla, President of Bloomberg Law and Bloomberg
BNA Legal, who called Litigation Analytics the most comprehensive
product of its kind. “Unlike other analytical tools on the market, Litigation
Analytics covers all federal district courts and case types, all practice
areas, leverages both case law and dockets, and is available without additional
cost to existing Bloomberg Law subscribers.”
information on the valuable insights Bloomberg Law Litigation Analytics
can provide, please view a Technology Snapshot at http://www.bna.com/litigationsnapshot.
more about Bloomberg Law Litigation Analytics, register at http://about.bna.com/litigation-analytics for a
product overview webinar on Tuesday, November 1.
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