Chapter 11 bankruptcy proceedings in 2021 dropped to the lowest number in a decade; case filing trends revealed the disparate effects of the pandemic on ...
Lex Machina's expanded coverage provides unparalleled insights into an entirely new US Court system, adding over 115,000 proceedings filed since 2009 ...
Case Filing Trends Reflect the Impacts of Multiple Factors Including Seminal Case Rulings, Case Migrations, and the Later Stages of the Pandemic
Menlo Park, CA — Lex Machina, a LexisNexis company, today releases its Contracts: Commercial Litigation Report. Commercial litigation cases are cases where the parties to the dispute are business entities while general contracts cases include both commercial cases and cases where one or more of the parties are not business entities. The report examines commercial litigation trends in federal district and appellate courts. It focuses on the three-year period from 2019 to 2021 and surveys emerging trends in case filings, active venues, judges, law firms, parties, timing metrics, case resolutions, findings, and damages. The report often focuses on different sets of data, in order to provide analytics on cases involving general contracts, commercial litigation, non-commercial litigation, and COVID-19.
“The data and analytics show that despite the overall decrease in commercial litigation case filings, the amount of damages awarded has remained fairly constant year over year,” said Karen Chadwick, Lex Machina's contracts legal data expert and editor of the report. "The consistency in annual total damages awarded in a decreasing number of cases may be partially explained by the increased costs of goods and services due to supply chain issues and inflation."
Findings from the report include:
Lex Machina’s reports and software enable practitioners to devise data-driven litigation strategies. The metrics in this report may help readers decide who to pursue as clients, whether to pursue a particular motion, or when to settle. This research supplements traditional legal research and anecdotal data for a competitive edge in litigation.
Register here for a copy of the report: https://pages.lexmachina.com/2022-Commercial-Litigation-Report_LP.html
Contracts: Commercial Litigation Report Webcast Lex Machina is hosting a webcast to discuss the report on October 13, 2022 at noon ET/9am PT with Karen Chadwick (Lex Machina’s Legal Data Expert in Commercial Law), Case Collard (Partner at Dorsey & Whitney), and Aria Nejad (Lex Machina’s In-house Counsel). Register for the event or view a recording: https://pages.lexmachina.com/2022-Commercial-Litigation-Webcast_LP.html
About LexisNexis Legal & Professional LexisNexis Legal & Professional® provides legal, regulatory, and business information and analytics that help customers increase their productivity, improve decision-making, achieve better outcomes, and advance the rule of law around the world. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. LexisNexis Legal & Professional, which serves customers in more than 150 countries with 10,500 employees worldwide, is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers.
About Lex Machina Lex Machina fundamentally changes how companies and law firms compete in the business and practice of law. The company provides strategic insights on judges, lawyers, law firms, parties, and other critical information across 18 federal practice areas and a rapidly growing number of state courts. Lex Machina 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 “Greater Bay Area Top Workplaces 2022” (The San Francisco Chronicle Top Workplaces in the Bay Area 2022), “Legal Tech Company of the Year 2021" (CIO Review, 2021), “2021 Legal Technology Trailblazer” (National Law Journal Trailblazer Awards, 2021), Winner of the “Media Excellence” Award for Analytics/Big Data (13th Annual Media Excellence Award, 2021). Based in Silicon Valley, Lex Machina is part of LexisNexis, a leading global provider of legal, regulatory, and business information and analytics. For more information, please visit www.lexmachina.com.
For any media-related inquiries, email LNG-NYC-LNfirstname.lastname@example.org. Please include your name, media organization, topic of your story, deadline, and the best way for us to contact you.