Today's issue of TechnoLawyer NewsWire covers a new verdict and settlement research service (see article below), the world's first tabletphone, an automated discovery document review tool, an an iPhone calendar app. Don't miss the next issue.
Set the Right Course for Your Cases Before They Begin
You might be able to find your high-school sweetheart using a free search engine, but you're unlikely to find much in the way of settlements and verdicts from cases similar to yours. Such invaluable information enables you to advise your client in the earliest stages of litigation — press the pedal to the metal, slam on the brakes, or maintain cruise control. Studies show that early case assessment results in more favorable outcomes in 76 percent of cases and reduces litigation costs in 50 percent of cases, on average, yet a whopping 64 percent of litigators report they don't conduct such research.
LexisNexis Verdict & Settlement Analyzer … in One Sentence
LexisNexis Verdict & Settlement Analyzer enables you to research the history of past settlements and verdicts in cases similar to yours.
The Killer Feature
Rather than just list settlements and verdicts, LexisNexis Verdict & Settlement Analyzer displays information using interactive charts and graphs. This visual representation of information better enables you to figure out how best to proceed with a case. It also saves you time because you can quickly zero in on the most relevant data such as recent settlements and verdicts in your jurisdiction.
"Verdict & Settlement Analyzer enables litigators to review the range of possible case outcomes in just seconds, delivering trusted answers drawn from the largest available online collection of verdict and settlement documents," Bob Romeo, senior vice president and managing director of LexisNexis' Research and Litigation Solutions, told us.
Other Notable Features
You use Verdict & Settlement Analyzer by entering case facts and selecting filters such as amount awarded, jurisdiction, method of resolution, and timeframe. You can change the variables to graphically see how they change the results. At any point, you can produce a professional report in PDF format to show and discuss with your client.
You can drill down and change variables as often as you want at no extra charge. LexisNexis automatically saves your search results for 24 hours.
What Else Should You Know?
Verdict & Settlement Analyzer requires a lexis.com account. LexisNexis charges $125 to generate a report, which includes access to the charts and graphs, unlimited filtering capabilities to help narrow search results, and access to the underlying list of documents. Depending on your subscription, additional charges may apply. Learn more about LexisNexis Verdict & Settlement Analyzer.
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