Stewarts teams up with Solomonic to develop litigation analytics platform
Litigation law firm Stewarts has announced that their commercial disputes group will be working with litigation analytics start-up Solomonic, to pilot the release of their new platform. Stewarts are exploring how data science and litigation analytics can add to their case preparation and strategy.
Julian Chamberlayne, Stewarts’ KM & compliance partner says in a release: “A key part of litigating successfully is making the best possible decisions on everything from tactics to personnel, from arguments to settlement or taking a case to trial. The outcome of cases is influenced by the cumulative effect of those decisions. We look forward to collaborating with Solomonic as they continue to develop an analytics platform which we anticipate will give our litigators data and insight that will help inform the advice we provide to clients.”
He adds, “The use of data extracted from judgments, and smart analytics derived from that data, is one more way to supplement our expertise and further enhance our innovative approach to litigation – including litigation funding”.
For Solomonic, the opportunity to work with the UK’s largest litigation-only law firm will bring significant value and insight to the development of its analytics and research offering, planned for commercial launch to the wider legal sector in the autumn.
Solomonic co-founder Gideon Cohen said: “We are delighted to be working so closely with Stewarts. They are driven by a desire to get the best possible outcomes for their clients, and we believe that our innovative smart data and research tools will provide them with significant value.”
Behavioural scientist, Dr Henry Stott, co-founder of Solomonic and CEO of Decision Technology said: “We have developed a meticulous process for extracting high quality data from court documents and have observed reliable and interesting patterns within that data which support statistical and algorithmic modelling. This has yielded significant insights for litigators.”
In the US, litigation analytics of this type is big business led by companies such as Lex Machina, Gavelytics and Bloomberg but in the UK, a lack of such freely available caselaw has held back in-depth analysis.
We will be catch up with Solomonic and Stewarts to get more detail on the platform but in the mean time keep your eye on the Legal IT Insider website later today (24 July) for a fantastic comment by Vizlegal co-founder Gavin Sheridan on Access to justice and the urgent need for a law tech revolution where he asks, with such limited access to caselaw in the UK, how can we keep pace? The article first featured in our Orange Rag free monthly newsletter: http://www.legaltechnology.com//latest-newsletter/
Litigation analytics is an area that for a while generally seemed to see very little progress in the UK compared with its transactional counterpart but there have been some interesting law firm-led developments this year from the likes of Weightmans and BLM.