A Panoramic View of Litigation Analytics and Claim Valuation with Lex Machina® and Lexis® Verdict & Settlement Analyzer

If you’ve ever sat across the table at a settlement negotiation wishing you knew how similar cases had resolved, you’re not alone. That’s exactly the challenge Lex Machina and Lexis Verdict & Settlement Analyzer were built to solve. 

Litigators, insurers, and corporate legal teams are under increasing pressure to harness data for liability risk assessment, claim valuation, settlement negotiations, and more. LexisNexis® provides legal and insurance professionals with the broadest view of how recent cases like their own have resolved in terms of days, dollars, and details. With the leading collection of outcome analytics for civil litigation, Lex Machina® and Lexis® Verdict & Settlement Analyzer provide customers with exclusive insights to develop winning strategies based on historical patterns. 

Lex Machina 

Lex Machina, the LexisNexis Legal Analytics® platform, harnesses the power of AI-assisted attorney review to convert litigation dockets and filings into actionable insights.  

With exclusive data on thousands of judges, parties, attorneys, firms, and expert witnesses gleaned from over 45 million documents across more than 10 million cases, Lex Machina reveals patterns in case outcomes, judicial behaviors, jury sympathies, and counsel performances across practice areas, venues, industries, and more. 

Insights that are only available in Lex Machina allow legal teams to understand recent litigation patterns, including but not limited to: 

• Case timing, from filing of the complaint through key milestones like trial and termination. 

• Motion metrics, so you can gauge a case’s chances of resolving before trial. 

• Case resolutions, so you can understand what proportions of cases like yours resolve via claimants’ jury verdicts, defendants’ summary judgments, settlement agreements, venue transfers, and the gamut of other ways that civil cases conclude procedurally. 

• Damage awards across federal courts, as well as damages awarded at trial for over 100 state courts. 

• Outcomes on appeal, so you can estimate the viability of an appeal for an unfavorable district court outcome.

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By converting raw litigation data into comprehensive analytics, Lex Machina fills the gap of missing case details and highlights trends that are pivotal for legal and insurance professionals to assess liability risks. 

Lexis Verdict & Settlement Analyzer

Lexis Verdict & Settlement Analyzer hosts the largest collection of data for trial verdicts and negotiated settlements in civil cases, with details and dollar-figures summarizing how more than 1.6 million civil cases in US states and federal courts resolved.  

Data exclusively available in Lexis Verdict & Settlement Analyzer include: 

• Summaries of the events giving rise to the disputes so that you can identify cases that best compare to your case 

• Trial verdict amounts across the broadest collection of US state and federal courts  

• Settlement amounts for negotiated resolutions reached out of court. 

• Case resolutions extending beyond trial wins and settlements, so you can understand how cases like yours tend to be resolved even if they did not result in a trial 

• Case details about key players (attorneys, judge, experts) allow you to continue your early case assessment research by uncovering patterns in judicial behavior and investigating the litigation history of opposing counsel or expert witnesses 

• Coverage in hundreds of state courts spanning all 50 states  

• Exclusive content from Expert Research On-Demand, Mealey’s, and over 30 state and national jury verdict reporters so you can get hard-to-find information about expert witness testimony and other high-value case details from cases in state and federal courts.

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Lexis Verdict & Settlement Analyzer also boasts a powerful suite of pre-search and post-search filters. Legal professionals can sift through data based on a variety of parameters, including specific filters tailored to 500 types of injury. This detailed filtering capability saves professionals time by allowing them to focus quickly on data relevant to their circumstances. 

Streamlined Risk Assessment and Claim Valuation 

Traditionally, appraising the value of a civil claim relied on subjective assessments informed by small sample sizes. Now, with Lex Machina, a professional can assess with greater accuracy and precision: 

• How long a case might reasonably take to resolve. 

• The potential for pre-trial disposition on a defendant’s motion for summary judgment, contested motion to dismiss, preliminary injunction, and more. 

• Relative likelihood of a favorable verdict at trial. 

• Damages awarded in similar cases in federal courts and a growing variety of state courts. 

• Viability of an appeal for an unfavorable trial-court outcome. 

Using Lexis Verdict & Settlement Analyzer, customers can also quickly ascertain: 

• Damages awarded at trial throughout US state and federal courts. 

• Settlement agreements reached out of court in recent similar cases. 

• Relative outcomes in cases like yours 

• Common injuries leading to the largest plaintiff awards at trial 

• Trends in award amounts and case resolutions over time for cases like yours.  

These powerful data points collectively enable companies and law firms to negotiate from the greatest position of strength. Historical financial data coupled with detailed litigation analytics allows professionals to craft data-driven offers and demands, thereby improving their leverage in settlement negotiations as well as their precision for budget forecasts.  

By combining the capabilities of Lex Machina and Verdict & Settlement Analyzer, legal teams can realistically evaluate liability exposure through a well-rounded perspective. From the moment a claim is initiated, companies and law firms have access to vital information that equips them to assess liability exposure. Together, Lex Machina and Lexis Verdict & Settlement Analyzer allow legal and insurance professionals to assess liability risks, value claims, and negotiate settlements with greater confidence.  

Request a complimentary demonstration of Lex Machina and customized analytics report at LexisNexis.com/LexMachina. 

Request a complimentary demonstration and trial of Lexis Verdict & Settlement Analyzer here.