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It launched in 2017 to great fanfare, promising to “revolutionize legal services” through its dual-entity model of both a law firm and a technology company. In 2017, Forbes named the three founders to its “30 Under 30.” But one thing for certain is that while some products shut down with a whimper, others go out with a bang.
Today brings news that Gavelytics , a seven-year-old litigation analytics company, is closing its doors effective tomorrow. We invented the category of state court analytics. Merrill told me at the time of his 2017 launch. The hardest stories I have to report are the ones about legal tech startups that are forced to shut down.
” He distinguished Bench IQ from legal analytics companies such as Lex Machina or Pre/Dicta. ” Lawyers tend to use traditional legal analytics products at the front end of a litigation, to help their clients determine whether it is worth investing in going forward with the case, he said. In 2015, they secured $4.3
Earlier this week, I reported here that the litigation analytics company Gavelytics, which shut down operations in June, has been acquired by a relative newcomer to the legal analytics space, Pre/Dicta , which launched its product in July after two years of development. The next type of analytics would be prescriptive analytics.
LexisNexis announced the acquisition of Case Law Analytics , a French legaltech company specializing in the modeling of legal risk using artificial intelligence. We see attractive opportunities to bring together Case Law Analytics with LexisNexis AI and generative AI legal solutions. There are many synergies between our entities.
In 2017, she received the Commercial Law League of Americas Lawrence P. After practicing law for nearly 20 years, Joe founded Legal Decoder because he saw that clients lacked the analytic tools and data to effectively price and manage the cost of legal services delivered by outside counsel.
I’m not going to get all analytical here, but it is noteworthy to those involved in litigation and related services. Compared to recent years where we have seen a lower volume but higher “run” rate (around 80% in 2017), this seems to indicate that the use of technology-driven litigation support services (e.g.,
Pre/Dicta , claiming itself the only litigation analytics platform that makes predictions about the outcome of federal lawsuits, announced the acquisition of Gavelytics, a pioneering judicial analytics platform for state court cases. This deal is a major milestone for Pre/Dicta and the entire field of predictive litigation analytics.
I reported last summer that the pioneering state litigation analytics company was shutting down. Gavelytics Launched in California in 2017, and became a leading source of state court analytics and had a strong presence across the ALM 100 firms. Pre/Dicta Bringing More than Data to the Analytics Party?
At the risk of being too editorial, if you want more profits from your legal practice, you should definitely review all editions of the Clio Legal Trends Report (2016, 2017, 2018, and 2019). A fantastic way to close the day… Getting analytical on the biology of timing with @DanielPink and @PalaceLaw.
Back in 2017, after returning from that year’s AALL conference, I wrote that I would now put it among the top legal tech conferences. But the role of the law librarian has metamorphized in recent years in such a way that it is nearly impossible to be a law librarian without also being a legal technologist. Consider the agenda.
Serena is a Senior Director for LexisNexis and works on the Context legal analytics platform. Context leverages machine learning and natural language processing from Ravel, a company LexisNexis acquired in 2017. "The fundamental tool of lawyers is language" explains Serena Wellen in this episode.
When UniCourt was founded in 2017 to provide access to court data and analytics, APIs were an afterthought, cofounder Josh Blandi now says. Legal Analytics API, which includes endpoints that are used to access the results of UniCourt’s analytics, enabling users to generate actionable insights from UniCourt’s legal data.
253 with 1,800% revenue growth from 2017-2020. Ranked a Leader in G2’s Relationship Indexes for Contract Management, Contract Lifecycle Management Software, and Contract Analytics. Also within the past year, LinkSquares: Debuted on the Inc. 5000 at No. Last July, LinkSquares raised $40 million in a Series B funding round.
The integration is between Docket Alarm , a Fastcase -owned product that mines federal and state court dockets to provide litigation alerts and case-prediction analytics, and Courtroom Insight , a knowledge management platform that captures key information about expert witnesses, arbitrators, judges and attorneys. ”
Since 2017, Immediation has been pioneering improved access to justice via highly secure digital legal environments for dispute resolution, hearings, arbitrations and mediation – saving time and money and leading to greater sustainability. We also integrate with iManage/Netdocs to bring documents into the dashboards. Immediation.
As a representative from Lex Machina, a legal analytics company, took the stage, I had no idea that the journey I was about to embark upon would lead me to the very frontiers of human knowledge and understanding. Basic Books, 2017. Basic Books, 2017. Basic Books, 2017. Logicomix: An Epic Search for Truth. Sigmund, Karl.
Context in One Sentence Context on Lexis Advance is a new litigation analytics product that enables you to visualize and leverage the historical record of experts and judges to draft better arguments. The Killer Feature Context grew out of Ravel Law , which LexisNexis acquired in 2017. This has paved the way for Expert Analytics.
She has been named as one of the 10 Women to Watch in Tech in the Journal of the American Bar Association and has won a 2017 Fastcase 50 Award. First, it has given me a deep understanding of the technical aspects of various technologies, such as data analytics, artificial intelligence, and software engineering.
Lewis, who was previously cofounder and CEO of the legal research and analytics platform Ravel Law, which LexisNexis acquired in 2017 , said that the same team of lawyers who developed that expert guidance and suggested clauses was the basis for expanding that expertise into the creation of contract templates. ”
Over the past several years, Pfeifer has spearheaded a series of acquisitions and product developments, all with the goal of establishing LexisNexis as the leader in legal analytics and enabling what he calls data-driven law. Bob talks with Jeff about these acquisitions, the launch of Lexis Analytics, and his vision of the data-driven lawyer.
million in 2018 and $5 million in 2017. LegalStratus, also founded in 2016 and headquartered in Manhattan, says that its product manages the full life cycle of legal matters, including intakes and investigations, and provides financial analytics that enable legal departments to improve operational efficiencies.
Lewis was cofounder and CEO of the legal research and analytics platform Ravel Law, which LexisNexis acquired in 2017. After the acquisition, he oversaw several LexisNexis businesses, most recently as vice president and general manager of practical guidance and analytical. To lead its U.S.
When UniCourt was founded in 2017 to provide access to court data and analytics, APIs were an afterthought, cofounder Josh Blandi now says. Legal Analytics API, which includes endpoints that are used to access the results of UniCourt’s analytics, enabling users to generate actionable insights from UniCourt’s legal data.
He previously founded and led Ravel Law, a legal analytics software company. Founded in 2017 by two corporate lawyers, the company is backed by leading investors and has raised over $130M . Daniel Lewis joins LegalOn as US CEO after five years at LexisNexis leading practical guidance businesses serving 100k+ attorneys.
expansion, was previously cofounder and CEO of the legal research and analytics platform Ravel Law, which LexisNexis acquired in 2017. After the acquisition, he oversaw several LexisNexis businesses, most recently as vice president and general manager of practical guidance and analytical.
.” In her role as Crowell’s first Chief Innovation and Value Officer, Alma leads the firm’s innovation and value efforts, overseeing a wide range of initiatives relating to, among other areas, client value, cross-departmental data and analytics, knowledge management, practice innovation and generative AI. She holds a J.D.
Having avoided the Rogers test, the Second Circuit applied the likelihood of confusion test without any analytical acknowledgement of MSCHF’s claim its use of Vans’ marks was expressive. 218 (2017); Iancu v. This from a Court that has struck down two statutory trademark registration provisions for burdening speech. Tam , 582 U.S.
At ILTACON today, Docket Alarm by Fastcase released Motions in Federal Courts, a unique tool for searching and analyzing motions from almost 5 million cases and for generating analytics around those motions for individual law firms, judges and nature-of-suit codes. ” Two aspects of the new feature make it particularly notable.
253 with 1,800% revenue growth from 2017-2020. Ranked a Leader in G2’s Relationship Indexes for Contract Management, Contract Lifecycle Management Software, and Contract Analytics. Also within the past year, LinkSquares: Debuted on the Inc. 5000 at No. Last July, LinkSquares raised $40 million in a Series B funding round.
Since 2017, Immediation has been pioneering improved access to justice via highly secure digital legal environments for dispute resolution, hearings, arbitrations and mediation – saving time and money and leading to greater sustainability. We also integrate with iManage/Netdocs to bring documents into the dashboards. Immediation.
Lewis, who was previously cofounder and CEO of the legal research and analytics platform Ravel Law, which LexisNexis acquired in 2017 , said that the same team of lawyers who developed that expert guidance and suggested clauses was the basis for expanding that expertise into the creation of contract templates.
First issued in February 2017 and revised in 2019, 2020, and 2023, the ECCP centers on three fundamental questions. Federal prosecutors use the ECCP in evaluating companies’ compliance programs in connection with charging decisions and penalty determinations, including whether to impose a monitor. Key Takeaways for Companies.
The most effective regulatory action would be to ease rules on non-lawyer investment in order to allow lawyers to more closely collaborate with professionals from other disciplines, such as technology, process design, data analytics, accounting, marketing and finance. “By At Maurer, Henderson holds the Stephen F.
How we’re unique: While other products are descriptive in nature, we are building the first truly prescriptive set of legal analytics products. We can help lawyers make evidence-based decisions by providing custom-tailored recommendations and analytics, all focused on judges and their philosophies of the law. Founded: 1/1/2017.
He distinguished Bench IQ from legal analytics companies such as Lex Machina or Pre/Dicta. Lawyers tend to use traditional legal analytics products at the front end of a litigation, to help their clients determine whether it is worth investing in going forward with the case, he said. They’re descriptive rather than explanatory.
expansion, was previously cofounder and CEO of the legal research and analytics platform Ravel Law, which LexisNexis acquired in 2017. After the acquisition, he oversaw several LexisNexis businesses, most recently as vice president and general manager of practical guidance and analytical.
We exploited how essential story elements fit into any investigation or discovery process and made highly complex analytics fit naturally with the way legal professionals want to find answers in ESI. Our model emulates the actual legal reasoning, evaluative, and analytical skills taught to attorneys. Who are your competitors?
To collect the alternative data, App Annie offered a free analytics product called “Connect” to companies that offer apps. According to the SEC Order , App Annie is one of the largest providers of such market data on mobile app performance.
The Fraud Section of DOJ’s Criminal Division issued its first ECCP in February 2017, which it then revised in April 2019 and June 2020. Hotline Data Analytics The revised “Compensation Structures and Consequence Management” section also includes new metrics for companies’ hotline data.
Concurrently, the immigration system is straining under an enormous backlog–with over 2 million pending cases as of October 2023, triple the amount from 2017. Step 6: Tracking and analytics Performance Metrics Monitoring: Track critical metrics like CTR, conversion rate, and CPC to understand the effectiveness of your ads.
DORA may also apply to covered entities’ external and intra-group ICT service providers, such as cloud platforms or data analytics services: Directly, to “ critical ICT third-party service providers ” designated as “critical” by European supervisory authorities (“ESAs”).
Immediation Since 2017, Immediation has been pioneering improved access to justice via highly secure digital legal environments for dispute resolution, hearings, arbitrations and mediation – saving time and money and leading to greater sustainability. We also integrate with iManage/Netdocs to bring documents into the dashboards.
So today we are honored and delighted to have Kriti Sharma, Chief Product Officer of Legal Tech at Thomson Reuters, where she leads the development and delivery of innovative and impactful products that leverage data analytics and AI. So you were inspired by your experience with the Obama Foundation Summit all the way back in 2017.
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