Tanner Jones, your host and Vice President of Business Development at Consultwebs, welcomes you to another episode of the LAWsome Podcast by Consultwebs.
In today’s episode, Tanner is accompanied by Carla Rydholm, Director of Product Management at Lex Machina. Together, they gather to discuss how the right data can give litigation attorneys a competitive edge in winning more lawsuits. This determines which clients to pursue, what claims to include in a complaint, and win the settlement among many other things.
[0:46] Introducing data usage and litigation.
[1:45] What kind of data can litigation attorneys use?
[3:00] Case Study 1 on how data has given litigation attorneys a competitive advantage to win a particular case/ lawsuit for their client.
[4:30] Digging into underlying cases.
[4:55] Case Study 1 – how data has given litigation attorneys a competitive advantage to win a lawsuit.
[6:00] How judges react to certain situations and cases in the past that pushes attorneys in the future.
[7:18] How can data help attorneys find the right clients?
[9:30] Carla discusses the strategy attorneys should follow to find out which cases to take.
[10:15] Is there a way to use data to understand legal competitors?
[12:00] What data points matter when trying to understand opponents better?
[14:40] How individual personal injury firms can have a competitive advantage with data.
[16:40] How individual mass torts/ product liability firms can have a competitive advantage with data.
[18:00] Carla introduces Lex Machina’s new project: Bankruptcy firms.
[20:15] Carla shared bits of pieces of advice in regards to data for employment litigators.
[22:44] One question Carla would ask herself.
[24:05] Closing thoughts.
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