Le Lézard
Classified in: Science and technology
Subjects: PDT, LAW

Lex Machina Expands Award-Winning Legal Analytics Platform into District Court Bankruptcy Appeals


MENLO PARK, Calif., Sept. 26, 2017 /PRNewswire/ -- Lex Machina, a LexisNexis company, today announced the expansion of its award-winning Legal Analytics® platform to cover district court bankruptcy appeals. The new module covers 18,000 bankruptcy appeals, involving both business and individual debtors, filed since 2009. It provides valuable data-driven insights and trends into the unique characteristics that separate bankruptcy appeals from all other federal practices. With this release, Lex Machina has proved that analytic insights can be uncovered for appellate matters and that these insights are enormously valuable for lawyers and their clients.

Lex Machina provides award winning Legal Analytics, a new category of legal technology that profoundly changes how companies and law firms compete. Legal Analytics allows law firms and companies to predict the behaviors and outcomes that different legal strategies will produce, enabling them to win cases and close business. Lex Machina is used by companies such as Microsoft, Google, and eBay, and law firms including Wilson Sonsini, Fish & Richardson, and Fenwick & West. (PRNewsFoto/Lex Machina)

Bankruptcy appeals are much less common than traditional appeals. Whereas bankruptcy judges are highly specialized, most district court judges rarely encounter bankruptcy appeals, making the process more challenging for attorneys and outcomes less predictable.

"Although there are relatively few bankruptcy appeals cases at the district court level compared to commercial or employment litigation cases, the stakes are incredibly high for all those involved, so it is imperative that attorneys know the lay of the land before entering the courtroom," said Karl Harris, CTO of Lex Machina. "With Lex Machina, attorneys will now be able to get critical insights into the behaviors of district court judges, allowing them to provide the most informed counsel and formulate the best case strategy."

As part of the product development process, Lex Machina interviewed top bankruptcy appeals lawyers to better understand their needs and incorporated their feedback directly into the new offering. As a result, Lex Machina has added 10 practice-specific tags and 15 unique "dispute appeals" categories, which attorneys can use to find the most relevant information and insights, and gain a distinct competitive advantage throughout the appeals process. Lex Machina's Legal Analytics is the only platform that incorporates these unique filters.

"If you're a creditor trying to decide whether or not to file an appeal, knowing whether a particular judge has a tendency to affirm or reverse the lower court's ruling will have a significant impact on your appeal strategy," said Owen Byrd, chief evangelist and general counsel at Lex Machina. "Similarly, having concrete data at your fingertips about the expertise of opposing counsel or how often larger creditors, such as banks, win their appeals could weigh heavily into your decision-making. With Lex Machina, attorneys no longer have to rely on anecdotes and educated guesses when counseling their clients."

Lex Machina will be releasing a comprehensive report on district court bankruptcy appeals in October, containing insights and analyses of bankruptcy appeals cases filed between January 1, 2009 and September 30, 2017. The company also released a blog post today that provides a sample of data points to be featured in the upcoming report, including:

Legal Analytics for District Court Bankruptcy Appeals Webcast

Lex Machina's Legal Analytics is a "must have" tool for litigators in many of America's top law firms and corporations. More than half of Am Law 100 law firms use Lex Machina to craft successful litigation strategies, win cases and land new clients. For more information about Lex Machina's newest practice area, please go to http://pages.lexmachina.com/Webcast_Bankruptcy-Launch_LP---Social.html and register for Lex Machina's Legal Analytics for District Court Bankruptcy Appeals webcast, scheduled for September 28, at 10:30 am PDT. Lex Machina's Karl Harris, CTO, and Owen Byrd, chief evangelist and GC, will introduce the new module.

About Lex Machina

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. Delivered as Software-as a-Service, Lex Machina provides strategic insights on judges, lawyers, parties, and more, mined from millions of pages of legal information. This allows law firms and companies to predict the behaviors and outcomes that different legal strategies will produce, enabling them to win cases and close business.

Lex Machina was named "Best Legal Analytics" by readers of The Recorder in 2014, 2015 and 2016, and received the "Best New Product of the Year" award in 2015 from the American Association of Law Libraries.

Based in Silicon Valley, Lex Machina is part of LexisNexis, a leading information provider and a pioneer in delivering trusted legal content and insights through innovative research and productivity solutions, supporting the needs of legal professionals at every step of their workflow. By harnessing the power of Big Data, LexisNexis provides legal professionals with essential information and insights derived from an unmatched collection of legal and news content?fueling productivity, confidence, and better outcomes. For more information, please visit www.lexmachina.com.

 

SOURCE Lex Machina


These press releases may also interest you

at 11:13
Leading diagnostic and therapeutic medical technology company Laborie Medical Technologies Corp. (Laborie)?announced its investment in iO Urology, a venture-backed medical technology company that developed CarePath® an at-home, handheld uroflow...

at 11:08
AERKOMM Inc. (Euronext: AKOM, OTCQX: AKOM, "AERKOMM"), an innovative satellite technology company providing multi-orbit broadband connectivity solutions, and IX Acquisition Corp , a SPAC focused on the technology, media and telecommunications...

at 11:04
SparkFun Electronics introduces the SparkFun Pulsed Coherent Radar Sensor ? Acconeer XM125 (Qwiic), opening up a world of possibilities for those looking to easily utilize a complex and powerful technology. This cutting-edge sensor brings 60 GHz...

at 11:00
TDIndustries, a leading mechanical construction and facilities services firm, proudly announces that its Vice President of Environmental, Health and Safety Jamie Dabbs, CSP, ASP, CRIS, was named Construction Safety Professional of the Year by...

at 10:45
The "PCR Markets. Forecasts for qPCR, dPCR, Singleplex & Multiplex Markets and by Application, Product and Place. With Executive and Consultant Guides, Including Customized Forecasting and Analysis. 2023 to 2027" report has been added to...

at 10:45
Fluency, the leading innovator of digital advertising management and automation solutions for agencies and large enterprises, announced today that it earned the number one ranking in the small business category...



News published on and distributed by: