Lex Machina Expands Analytics from IP into Securities Law
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In the first of its promised expansions into other practice areas following its acquisition last November by LexisNexis, Lex Machina today announced its addition of securities law to its legal analytics platform.
Until today, Lex Machina had focused exclusively on intellectual property. But ever since its acquisition by LexisNexis, Lex Machina has planned to use LexisNexis’s extensive collection of federal and state docket data to expand into other practice areas, starting with federal practice areas.
“The whole theory of the acquisition was to enable us to get access to the LexisNexis documents,” Owen Byrd, Lex Machina’s chief evangelist and general counsel, told me last week. “Rolling out securities is our proof point that the acquisition made sense and that it can accelerate our vision of bringing analytics to all practice areas.”
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