LexMachina is a system exploding with data.But Data doesn’t equal insights until you combine elements into a query. Data
analysis is pretty new to legal research and Lex Machina is on a mission to
keep making it easier for lawyers to extract powerful insights with minimum –
as in “no” training. It also enables lawyers to ask completely new questions.
The Lex
Machina system includes hundreds of data elements which can be combined in
thousands of permutations. Their modules currently cover, Patent, Trademark, Copyright, Antitrust,ITC and Securities Litigation.
Machina system includes hundreds of data elements which can be combined in
thousands of permutations. Their modules currently cover, Patent, Trademark, Copyright, Antitrust,ITC and Securities Litigation.
Today Lex
Machina is releasing two important new apps: The Damages Explorer and the
Parties Comparator which provide instant insights to litigators. Attorneys
can use both apps to quickly model different strategic approaches – using
information from the Lex Machina database that previously would have taken weeks to compile using a team of researchers.
Machina is releasing two important new apps: The Damages Explorer and the
Parties Comparator which provide instant insights to litigators. Attorneys
can use both apps to quickly model different strategic approaches – using
information from the Lex Machina database that previously would have taken weeks to compile using a team of researchers.
Damages Explorer delivers the first-of-its-kind ability to
expose, compare and analyze individual
damages awarded. The app can analyze
damages awarded by judge, court, and type of
damages. Sample reports include:
expose, compare and analyze individual
damages awarded. The app can analyze
damages awarded by judge, court, and type of
damages. Sample reports include:
·
attorneys’ fees
in a specific district
attorneys’ fees
in a specific district
·
infringement
damages awarded by a particular judge
infringement
damages awarded by a particular judge
According to the
press release Lex Machina has the only complete record of damages awards in
patent, copyright, trademark, securities, and antitrust cases since 2009.
press release Lex Machina has the only complete record of damages awards in
patent, copyright, trademark, securities, and antitrust cases since 2009.
Parties Comparator enables lawyers to compare parties across multiple criteria, such as litigation
volume, performance, and outcomes. For each party being compared, the
application shows damages, remedies, findings won or lost and case timing
milestones.
volume, performance, and outcomes. For each party being compared, the
application shows damages, remedies, findings won or lost and case timing
milestones.
 |
| Compare Litigation Timing By Party |
 |
| Compare Case Filings by Party |
The press release
highlights the value of this app as
enabling GCs to perform peer
benchmarking and for law firms to gain deeper insights into clients and to improve legal strategies.
highlights the value of this app as
enabling GCs to perform peer
benchmarking and for law firms to gain deeper insights into clients and to improve legal strategies.
From the PressRelease:
“Today, attorneys
need data-driven insights to make sound legal and business decisions. Our new Damages Explorer and Parties Comparator, deliver unprecedented
information within seconds instead of days or weeks,” said Josh Becker, Lex
Machina’s CEO. “Being able to easily explore the damages awarded in similar
cases, enables attorneys to gauge whether to pursue or settle a case before
setting foot in a courtroom. Similarly, the ability to analyze how opposing
parties or similar companies have fared in court can give attorneys valuable
strategic insights, instant decisioning capabilities, and a distinct
competitive advantage.”
need data-driven insights to make sound legal and business decisions. Our new Damages Explorer and Parties Comparator, deliver unprecedented
information within seconds instead of days or weeks,” said Josh Becker, Lex
Machina’s CEO. “Being able to easily explore the damages awarded in similar
cases, enables attorneys to gauge whether to pursue or settle a case before
setting foot in a courtroom. Similarly, the ability to analyze how opposing
parties or similar companies have fared in court can give attorneys valuable
strategic insights, instant decisioning capabilities, and a distinct
competitive advantage.”
The Lex Machina Suite of Apps. Lex
Machina’s previously released Legal
Analytics Apps (Early Case Assessor,
Motion Kickstarter, and Patent Portfolio Evaluator) and Comparator
Apps (Courts and Judges Comparator and Law Firms Comparator).
Machina’s previously released Legal
Analytics Apps (Early Case Assessor,
Motion Kickstarter, and Patent Portfolio Evaluator) and Comparator
Apps (Courts and Judges Comparator and Law Firms Comparator).