MENLO PARK, Calif., Dec. 3, 2015 /PRNewswire/ -- Lex Machina, a LexisNexis company and creator of Legal Analytics®, today introduced unprecedented new data about trials before the U.S. Patent and Trademark Office's Patent Trial and Appeal Board (PTAB) offering unique new ways to visualize and analyze the information.
In addition to providing lawyers with the ability to uncover strategic insights about parties, judges, law firms, attorneys, patents, and arguments involved in PTAB cases, the enhanced Legal Analytics for PTAB offering include new claims-level findings about trial institution, settlement, disclaimer and ultimate patentability.
This enriched Lex Machina data provides a more accurate view than the data provided by the PTO on its PTAB portal. For example, PTAB's data only provides a single lead petitioner for each case, while Lex Machina includes all petitioners, enabling improved searching and more accurate counting.
The new functionality allows attorneys to answer questions such as:
- How often has a specific law firm succeeded at instituting trials for petitioners?
- Does a specific judge rely on 35 U.S.C. 103 (non-obvious patent subject matter) in institution decisions or final decisions more often than other judges?
- What is the success rate of a specific party in obtaining decisions to deny institution of new trials?
"We have taken Legal Analytics for PTAB to the next level," said Josh Becker, CEO of Lex Machina. "In today's dynamic patent litigation environment, lawyers need to look at all litigation options, including PTAB, district court and the International Trade Commission, in order to deploy the best legal strategy for patent enforcement or defense. Our Legal Analytics for PTAB makes it easy for lawyers to evaluate every conceivable angle and create data-driven strategies that win cases."
Lex Machina now offers a comprehensive set of tools for creating successful IP litigation strategies. The unique PTAB Trial Flow Analytics provides an easy-to-use visual overview of the outcomes in every PTAB matter filed to date, from petitions to institution decisions to final decisions. Grounds Analytics quantifies the statutory basis (Sections 101, 102, 103, 112) of every decision to grant or deny institution, as well as all final decisions. Lawyers can perform full-text searches, and then view and analyze every single PTAB document and exhibit.
"Lex Machina's district court Legal Analytics has been an invaluable tool in our practice for several years, and we are delighted it now provides enhanced PTAB coverage," said Jonathan James, Co-Chair of Perkins Coie's IP Practice Group. "Having available at the push of a button the kind of PTAB case information that, up to this point, has only been attainable at great time and expense, will help inform timely decisions on whether to bring a PTAB proceeding and on litigation strategy for PTAB matters. There's no doubt in my mind that our lawyers will become power users of this service as quickly as they became power users of Lex Machina's district court tools."
"It's an invaluable tool to analyze patents across PTAB proceedings and see exactly what is happening at each stage," said Howard Wisnia, Member, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. "There is a need for this information, and until now, it was not available."
The new PTAB functionality is complimentary for all Lex Machina customers and available immediately. To view a video of the new capabilities, click here http://pages.lexmachina.com/PTAB2Launch.html. For more information, go to https://lexmachina.com/wp-content/uploads/2015/12/PTAB-Datasheet.pdf
About Lex Machina
Lex Machina, a LexisNexis company, and creator of the award-winning Legal Analytics® platform, provides next-generation legal technology that fundamentally changes how companies and law firms compete in the business and practice of law. Delivered as Software-as-a-Service, Legal Analytics creates structured data sets covering judges, lawyers, parties, and IP from millions of pages of legal information. This allows law firms and companies for the first time ever to predict the behaviors and outcomes that different legal strategies will produce, enabling them to win cases and close business.
Lex Machina is used by established companies such as IBM, Google and eBay, and prominent law firms like Wilson Sonsini, Morgan Lewis and Fenwick & West. The technology was initially created by experts at Stanford University's Law School and Computer Science department. Lex Machina was named one of the "Best New Legal Services" by readers of The Recorder in 2014 and 2015, and received the "Best New Product of the Year" award in 2015 from the American Association of Law Libraries.
CONTACT: Valerie Chan, 1-206-856-7885, email@example.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/lex-machina-releases-expanded-legal-analytics-for-ptab-300187642.html
SOURCE Lex Machina