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The Five Most Momentous Legal Tech Fails

Above the Law - Technology

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.

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Litigation Analytics Company Gavelytics is Shutting Down Tomorrow

LawSites

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.

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ROSS Cofounder Returns To Legal Tech with Startup Using AI To Surface Judges’ Decision-Making Patterns

Above the Law - Technology

” 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

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Following Pre/Dicta’s Acquisition of Gavelytics, The Two Companies’ CEO Discuss What The Deal Means for Legal Analytics

LawSites

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.

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LexisNexis Acquires Case Law Analytics

Legal Tech Blog

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.

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The Shape of Things to Come (Our Fearless Prediction)

Colin S. Levy

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.

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Litigation Statistics: Settle or Fight?

Trial Technology

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.,

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