On September 2, 2021, Lex Machina hosted a webcast on the recently released Contracts Report 2021. The webcast featured guest speakers Case Collard (Partner at Dorsey & Whitney) and Karen Chadwick (author of the report and Legal Data Expert at Lex Machina), with moderator Neil Magenheim (Director of Client Relations at Lex Machina).
They discussed overarching trends in contracts litigation including cases filed (including franchise and negotiable instrument case filings), active law firms and parties, timing metrics, case resolutions, findings, and damages. The discussion covered data and analytics on the following areas:
“It’s really ideal to be able to get a sense of all different sorts of things through Lex Machina, who your opponent is, what sort of cases they’re involved in, who the counsel is perhaps on the other side and what sort of cases they do,” Case Collard noted. “And then, once you maybe get assigned a judge in a case, you can get a ton of information about how that judge operates and likely timelines. Those are some of the key ways I use Lex Machina and Legal Analytics to help me guide my clients through some of those things that can feel really uncertain when you’re at the front end of a litigation, but hopefully we can provide some real answers that have data behind them.”