Sentences with phrase «legal analytics»
Legal analytics refers to the use of data and statistics to gain insights and make better decisions in the field of law. It involves analyzing large amounts of legal information, such as court cases and legal texts, to identify patterns, predict outcomes, and assess the likelihood of success in legal matters. Essentially, it helps lawyers and legal professionals make more informed choices and improve the effectiveness of their work using data-driven techniques. Full definition
Any concern about judge / jurisdiction shopping from future use of legal analytics?
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In - house counsel also use legal analytics to inform key business decisions, such as who to hire for outside counsel.
A web - based legal analytics tool that helps lawyers and self - represented litigants identify trends in historical Canadian legal data.
The company provides legal analytics to companies and law firms, promising them to craft successful strategies, win cases and close business.
Had no idea until we finished talking that he was running off moments later to deliver a keynote on legal analytics and the future of data - driven law.
It provides legal analytics at your fingertips to help you identify historical trends in legal data.
The report encompasses the competitive landscape, which presents the positioning of 18 key vendors of legal analytics solutions and services, based on their product offerings and business strategies.
Are you a law librarian that's interested in finding out how case - law - driven legal analytics can improve the quality of legal research?
Founded in 2015, its products combine data mining and legal analytics expertise to «reveal the enigmatic Chinese decisions in an extensive, systematic and visual manner».
Legal analytics power better decision - making in a number of legal practice areas such as patent and trademark law, copyright, securities, antitrust, and commercial litigation.
One of the ways in which legal analytics structures raw litigation data is to apply case tags to it with commercial - specific findings.
Legal analytics begins with publicly available data — judicial opinions and court records.
The power and speed of legal analytics empowers attorneys to explore and experiment with different legal scenarios and strategies in order to offer the best, most informed counsel to their clients.
Lawyers who embrace legal analytics now will reap those benefits sooner and have a competitive advantage over those who do not.
Modern legal analytics can play an important role in increasing transparency in law firm gender diversity.
Traditional legal analytics show how often parties or law firms win cases, or the likelihood of winning legal relief in front of a particular judge.
This in turn drives the leading insurance firms to compete on their legal tech / legal analytics capabilities.
Legal analytics represents a shift from anecdotes to hard data.
Legal analytics tools can partially level the playing field between novice and senior lawyers, some say.
And in - house counsel also use legal analytics to inform key business decisions, such as who to hire for outside counsel.
Lex Machina Releases Two New Breakthrough Apps for Its Award - Winning Legal Analytics Platform - Lex Machina.
Previously, Patrick served as the Director of Legal Analytics for TyMetrix and ELM Solutions, helping legal departments to design and implement analytics and metrics management strategies.
Lex Machina's award - winning Legal Analytics ® platform is a new category of legal technology that fundamentally changes how companies and law firms compete in the business and practice of law.
Menlo Park, CA — June 20, 2017 — Lex Machina, a LexisNexis company, today announced the expansion of its award - winning Legal Analytics ® platform into commercial law, the largest of all federal practice areas, and Lex Machina's most ambitious expansion to date.
The report, produced by legal analytics company Lex Machina, shows that Apple is the most named company in patent infringement cases, and not just as the plaintiff.
Preview of Legal Analytics Course 24.
UK - based insurance law firm BLM has announced a partnership with one of the world's leading universities, the London School of Economics (LSE), to develop litigation prediction models as part of a wider move into legal analytics that is now spreading across the legal market.
A new report from legal analytics startup Lex Machina confirms that patent trolls march on.
Applied Legal Analytics - NLP on Contracts 15.
Our clients have the flexibility to leverage a mix of our on - premise, dedicated hosted, and SaaS offerings as they build their ELM ecosystem — for example, Passport ® clients can also leverage our LegalVIEW ® legal analytics offerings, or a TyMetrix ® 360 ° client may also leverage Passport GRC.
At noon Eastern today, Lex Machina is presenting a webcast about its new commercial litigation analytics: «New Legal Analytics for Commercial Litigation.»
Data - driven insights from legal analytics do not replace legal research or reasoning, or lawyers themselves.
One of the newest such bullets in the clip is a Demand Letter Analytics Tool now being offered by legal analytics outfit Lex Machina, available from the list of third - party tools mentioned in the United States Patent and Trademark Office's toolkit for how to respond to demand letters or lawsuits.
As a leading legal analytics firm, our engagements consist primarily of integrating artificial intelligence tools, creating «enterprise class» analytics and designing highly automated processes, to reliably extract vital information from legal contracts.
This report draws on Lex Machina's unique and rich Legal Analytics data on U.S. District Courts and judges, law firms, parties, patents, case merits decisions, damages awards, and International Trade Commission (ITC) investigations and Administrative Law Judges (ALJs).
Elevate's Peter Eilhauer joins Akin Gump's Toby Brown and Holly Montalvo from TyMetrix Legal Analytics to discuss how firms can use a data - driven approach to align internal performance against market benchmarks and cultivate better, more transparent relationships with clients.
The global legal analytics market is projected to grow from USD 451.1 Million in 2017 to USD 1,858.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 32.7 % during the forecast period.
Think of legal analytics as Moneyball for lawyers.
The conference also featured a panel discussing legal analytics systems that are mining data both inside and outside of firms.
The new employment module comes shortly after Lex Machina's expansion into commercial litigation last month, and furthers the company's commitment to expand Legal Analytics into every practice area, including labor and Americans with Disabilities Act cases in the fall.
As the next step in bringing Legal Analytics to more areas of the law, Lex Machina has expanded our coverage of employment cases pending January 1, 2009 through the present.
Legal technology columnist Sean Doherty analyzes LexisNexis's acquisition of legal analytics provider Lex Machina.
David Moran, senior director for product management, legal analytics portfolio, told me during a preview yesterday that corporate legal departments that had been testing this service had seen savings of 4 to 8 percent off outside counsel invoices, even after the firms had been given the opportunity to correct invoice entries and remedy non-compliance with billing rules.