Lex Machina Adds Third Practice Area to its Legal Analytics: Antitrust
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The legal analytics company Lex Machina is announcing today its expansion into a third practice area, antitrust law. This follows its expansion in July to add securities law.
Until its acquisition last year by LexisNexis, Lex Machina had focused exclusively on intellectual property. Since the acquisition, it has been using LexisNexis’s collection of federal and state docket data to expand into other practice areas.
Today’s release adds some 7,800 antitrust cases active since 2009, according to Lex Machina, allowing attorneys to uncover trends relating to timing of cases, resolutions, findings, damages and remedies, as well as opposing counsel, law firms, parties, judges, magistrate-judges, venues, and more. Today’s release also includes multidistrict litigation (MDL) cases.
- New data on settlements. Until now, Lex Machina has not tracked data on settlements because that data is typically difficult to uncover from the docket. With today’s release, it adds class action settlements, since those must be filed and approved by the court and thus can be extracted for data analysis.
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