Litigation Analytics by LexisNexis - Short Review

Product Overview: Litigation Analytics by LexisNexis

Introduction

Litigation Analytics, a cornerstone of the Lexis platform by LexisNexis, is a sophisticated legal analytics tool designed to provide lawyers, law firms, and legal teams with deep, data-driven insights to inform and enhance their litigation strategies. This product leverages the industry-leading technologies of Lex Machina and CourtLink to offer unparalleled analytics capabilities.

Key Features and Functionality

Comprehensive Court and Judge Analysis

Litigation Analytics allows users to analyze the historical decisions and behaviors of judges and courts at both state and federal levels. This includes insights into the time it takes for a court or a specific judge to resolve cases via dismissal, settlement, or trial, as seen in the “Time to Key Events” chart. Users can also access data on the types of cases judges have handled, the frequency of certain outcomes, and the damages awarded in specific types of actions.

Comparative Analysis

The “Courts & Judges Comparator” tool enables users to compare the data of up to four judges or courts, facilitating more accurate forum shopping and assessment of the likelihood of success in a particular jurisdiction. This feature is particularly useful in pre-litigation contexts to evaluate potential outcomes and damages.

Opposing Counsel and Law Firm Analysis

Litigation Analytics provides detailed information on opposing counsel and law firms, including their litigation track records, the venues they frequently appear in, and the number of similar cases they have taken to trial. This intelligence helps in preparing more effective litigation strategies and in evaluating prospective outside counsel.

Document-Driven Insights

Unlike competing products that rely solely on PACER data and dockets, Litigation Analytics uses the underlying documents themselves to gather data. This ensures a more complete picture, including the names of all lawyers and law firms involved, which is often not available through docket listings alone.

Predictive Insights and Trend Analysis

The tool offers predictive insights into case outcomes, helping lawyers and law firms refine their litigation strategies. It also provides trend analysis, enabling users to identify patterns and make more informed decisions about their cases.

Business Development and Client Acquisition

Litigation Analytics is not only a litigation tool but also a business development asset. It helps firms set pricing expectations by providing data on the average time to resolution for matters in a certain jurisdiction. Additionally, it allows firms to benchmark their performance against competitors, identify potential new business opportunities, and demonstrate their competitive advantage to clients and prospects.

Integration with Lexis Platform

Litigation Analytics is part of the broader Lexis platform, which includes legal research, AI-based brief analysis, and practical guidance. This integration enables users to accelerate every aspect of the litigation experience, from research and knowledge gathering to legal intelligence and document drafting.

Benefits

• Enhanced Litigation Strategy: Provides deep insights into judges, courts, and opposing counsel to craft winning litigation strategies.
• Efficient Case Management: Offers tools for tracking the matter lifecycle, organizing documents, and managing tasks.
• Data-Driven Decision Making: Supports decision-making with predictive insights into case outcomes and trend analysis.
• Competitive Intelligence: Helps in identifying new business opportunities and demonstrating a firm’s competitive advantage.
• Comprehensive Analytics: Covers both state and federal courts, using underlying documents for more accurate data.

By leveraging these advanced analytics capabilities, Litigation Analytics by LexisNexis empowers legal professionals to operate more effectively, make informed decisions, and achieve more desirable legal outcomes.