Lex Machina, a LexisNexis company, is a new say in the legal technology that disrupts the way companies and law firms practice law. The company helps lawyers to mine millions of pages of legal information. Legal professionals get a tool to predict outcomes of different legal strategies with a higher probability of winning cases.
Lex Machina is a favorite tool of companies like Microsoft, IBM, Nike, and eBay. It is also used by leading law firms like Wilson Sonsini, Fish & Richardson and Fenwick & West. The company is the award winner of the “Best New Legal Services” in three consecutive years (2014, 2015 and 2016). It also received the “Best New Product of the Year” award from the American Association of Law Libraries in 2015.
Here are some of the features of Lex Machina that make it unique.
Enables smart comparisons
The tool is enabled with Lexpressions™ engine that drags millions of pages of unstructured information. Natural Language Processing and Machine Learning are used to clean and structure these litigation dockets and documents. Attorney Data Engine fixes the unreliable attorney litigation data. The tool extracts previously untapped data from federal dockets. With tons of information that is processed in a structured manner, you can be sure that you are not missing any information and are gaining competitive advantage for a successful litigation strategy.
Provides Insights with Legal Analytics
The Legal Analytics tool enables lawyers to gain data-driven insights which make their chances of winning cases much higher. This is far better than ordinary legal research as you gain critical information that you need to develop a successful legal strategy.
Allows Finding Answers to Strategic Questions
Attorneys can surface strategic information narrowing down their search to cases or motions that interest them. They can also find data-driven answers to their questions which increases their chance of winning cases.
They can select cases with the help of Case List Analyzer using the criteria they care as well as they can filter the results in accordance with case type, date, court, judge, etc. Attorneys can also identify the docket events and documents with Motion Metrics.
Attorneys can apply Legal Analytics Apps that provide easy access to Legal Analytics. Legal trends and insights are accessible by one click of a mouse.
In today’s legal environment using legal tools like Lex Machina is a must for a lawyer who wants to make a data-driven decision and gain an advantage in a competitive setting.