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Data Analytics: The Art of The Win

“He will win who knows when to fight and when not to fight.” - Sun Tzu In the time leading up to litigation, many attorneys grapple with the pros and cons of litigation for their clients. It is often difficult to quantify the probability...

Episode 80 of the Law Technology Now podcast, hosted by Legal Talk Network, titled "Data Analytics: The Art of The Win" was published on February 1, 2016 and runs 24 minutes.

February 1, 2016 ·24m · Law Technology Now

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Summary

“He will win who knows when to fight and when not to fight.” - Sun Tzu In the time leading up to litigation, many attorneys grapple with the pros and cons of litigation for their clients. It is often difficult to quantify the probability of success or what it will take to get there. In the intellectual property world, an expensive victory can be as devastating as a loss. Fortunately, data analytics are making this process more predictable by offering insights to future results based on information from the past. In this episode of Law Technology Now, host Monica Bay interviews Lex Machina CEO Josh Becker. Together, they discuss the value of data analytics when it comes to making decisions in litigation. Organizations like Becker’s are able to collect data points that show, among many other things, the historic instances of judges ruling on certain motions, wins vs. losses of opposing counsel, and the length of proceedings. From the perspective of lawyers, this information can help craft arguments to conform with successful past efforts and help in the prediction of success. From the perspective of clients, this information can be used to hire counsel, make business decisions on prospective patents, and much more. Stay tuned for Becker’s tips for being a successful upstart in the legal industry. Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode Description

“He will win who knows when to fight and when not to fight.” - Sun Tzu In the time leading up to litigation, many attorneys grapple with the pros and cons of litigation for their clients. It is often difficult to quantify the probability of success or what it will take to get there. In the intellectual property world, an expensive victory can be as devastating as a loss. Fortunately, data analytics are making this process more predictable by offering insights to future results based on information from the past. In this episode of Law Technology Now, host Monica Bay interviews Lex Machina CEO Josh Becker. Together, they discuss the value of data analytics when it comes to making decisions in litigation. Organizations like Becker’s are able to collect data points that show, among many other things, the historic instances of judges ruling on certain motions, wins vs. losses of opposing counsel, and the length of proceedings. From the perspective of lawyers, this information can help craft arguments to conform with successful past efforts and help in the prediction of success. From the perspective of clients, this information can be used to hire counsel, make business decisions on prospective patents, and much more. Stay tuned for Becker’s tips for being a successful upstart in the legal industry. Learn more about your ad choices. Visit megaphone.fm/adchoices

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