“He will win who knows when to fight and when not to fight.” – Sun Tzu
In the time leading up to litigation, many attorneys grapple with the pros and cons of litigation for their clients. It is often difficult to quantify the probability of success or what it will take to get there. In the intellectual property world, an expensive victory can be as devastating as a loss. Fortunately, data analytics are making this process more predictable by offering insights to future results based on information from the past.
In this episode of Law Technology Now, host Monica Bay interviews Lex Machina CEO Josh Becker. Together, they discuss the value of data analytics when it comes to making decisions in litigation. Organizations like Becker’s are able to collect data points that show, among many other things, the historic instances of judges ruling on certain motions, wins vs. losses of opposing counsel, and the length of proceedings. From the perspective of lawyers, this information can help craft arguments to conform with successful past efforts and help in the prediction of success. From the perspective of clients, this information can be used to hire counsel, make business decisions on prospective patents, and much more. Stay tuned for Becker’s tips for being a successful upstart in the legal industry.
Josh Becker is the CEO of Lex Machina, a company that provides intellectual property litigation data and analytics to companies and law firms. He is also the founder of The Full Circle Fund and co-founder of New Cycle Capital. Prior to that, he was on the founding team at Redpoint Ventures. His previous employment includes Brentwood Venture Capital, Netscape Communications, and McKinsey & Co. Josh was the second employee at EarthWeb Inc. and formerly one of youngest press secretaries on Capitol Hill.