LexPredict is an enterprise legal technology and consulting firm, specializing in the application of best-in-class processes and technologies from the technology, financial services, and logistics industries to the practice of law, compliance, insurance, and risk management.
We focus on the goals of prediction, optimization, and risk management to enable holistic organizational changes that empower legal decision-making.
These changes span people and processes, software and data, and execution and education.
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Empowering the future of legal decision-making
LexPredict Background
Importing best-in-class processes
and technologies from
leading global industries
LexPredict is a three-year-old enterprise legal technology and consulting firm, specializing in the application of best-in-
class processes and technologies from the technology, financial services, and logistics industries to the practice of law,
compliance, insurance, and risk management.
We focus on the goals of prediction, optimization, and risk management to enable holistic organizational changes that
empower legal decision-making. These changes span people and processes, software and data, and execution and
education.
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Spanning the breadth of business
LexPredict Offerings
Consulting Services
Process, technology, data, prediction, and
strategy
Data Products
Historical and real-time data products
Training Programs
Standard and custom training programs
Communication Services
Change management and marketing
Software Services
Custom legal and statistical software solutions
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-Michael J. Bommarito II-
Chief Executive Officer,
Co-Founder
M.S.E., Financial Engineering. M.A., Political Science. B.S., Mathematics. University of Michigan, Ann Arbor.
Lecturer, University of Michigan, Ann Arbor.
Adjunct Professor, Michigan State University.
Fellow, Stanford CodeX Center for Legal Informatics.
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-Daniel Martin Katz-
Chief Strategy Officer,
Co-Founder
J.D. Ph.D., Public Policy and Political Science. M.P.P. University of Michigan, Ann Arbor.
Associate Professor, Chicago Kent College of Law.
Affiliated Faculty, Stanford CodeX Center for Legal Informatics.
Legal Rebel, 2013, ABA Journal.
FastCase 50, 2013.
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-Josh Blackman-
Directory of Judicial Research,
Partner
J.D., George Mason University School of Law. B.S., Penn State.
Associate Professor, South Texas College of Law.
30 Under 30 in Law and Policy, Forbes.
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Unstructured Data
Data is predominantly unstructured, resulting in serious
barriers to accessing the potential information or
knowledge within. This is especially true of legal data.
We are experts in end-to-end delivery of refined legal
data; we execute OCR, audio transcription, image
processing and classification, GIS analysis, and natural
language processing, to name a few.
unlocking the potential hidden within
Data Consulting
Settle
Settle
Defend
Defend
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Machine Learning, Optimization, and Simulation
We’ve been developing machine learning, optimization, and
simulation models for over a decade; some of these models
move billions of dollars of investment or freight and hundreds of
millions in legal spend.
While other firms may develop machine learning and simulation
models, we’re unique in two senses:
Firstly, we always integrate human knowledge into the process.
Human + Machine > Human or Machine.
Secondly, we have incredibly detailed knowledge of law and
finance; you don’t need to teach us about court docketing
systems, Treasury regulations, or UTBMS codes.
unlocking the potential hidden within
Data Consulting
100
0 100
Expected Cost
Probability of Success
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Legal Process Consulting
Agile
Many projects or activities don’t fit into the
traditional waterfall project management
approach. “Agile” methodologies, originally
designed for software development, are well-
suited to activities like litigation or compliance.
Lean
While well-understood in business generally,
Lean methodologies are relatively new to the
legal sector. Some elements of Lean can help
organizations better measure and manage
quality and cost.
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Technology
Consulting
Software
Assessment
Problem identification
Current state analysis
Goal-setting
RFP Design
Response evaluation
Implementation
Our partners have two decades of
experience managing and
implementing technology projects in
legal and financial services. This
experience allows us to effectively
execute or guide. We are experts in
the software assessment, RFP, and
migration processes for core systems.
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Strategy Consulting
Market Differentiation
Sourcing Models
Hiring & HR
Reorganization
Charting a course, both as an organization and a department,
can be difficult. As consultants and business-builders ourselves,
we see a broad range of strategies and industries. This worldly
perspective helps chart new solutions to differentiate or
execute that might not otherwise be apparent internally.
“Of surveyed CSO’s use external consultants
exclusively in their formulation of strategy.”
HBR, The Chief Strategy Officer, October 2007.
47%
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Change Management
enabling organizational maturation and change
Acknowledge Communicate Develop Implement Evaluate
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We all know that change management is hard. We have
experience developing and managing internal content and
messaging programs to drive change, either at the
management or employee level.
We provide standard and custom internal workshops,
newsletters, proof-of-concepts, and “help line” services
that augment overall change management programs.
Internal Content and Messaging
Of change management programs fail
to achieve their goals.
McKinsey, Changing change management, 2015.70%
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Marketing Consulting
develop and execute on brand, inside and out
Measure
Message externally
Message internally
Develop brand
Once upon a time, the legal industry didn’t market.
Today, developing and clearly communicating a brand is
a critical part of execution. We help you navigate the
space so that your employees, clients, and service
providers understand what sets your organization apart.
- the ratio of marketing budget
spend for non-legal vs. legal firms.
- IDC, 2014.
3:1
Legal Marketing
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docket and filing databases from select jurisdictions
Litigation Databases
Products
In addition to developing and extracting custom data
sources, we maintain a range of litigation data products.
These products include dockets and filings from important
civil and chancery court jurisdictions at the municipal, state,
and Federal levels.
Historical and real-time docket and filing data
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longitudinal measures of state and Federal regulatory environment
Regulatory Databases
ProductsHistorical and Early-Warning Regulatory Data
Our regulatory database products contain both historical and
early-warning measures for a variety of regulatory activity,
including state and Federal Commission, Agency, Executive,
and Legislative actions. We can run custom historical
searches and configure alerts for new activity.
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hundreds of thousands of high-quality, machine-readable agreements
Agreement Databases
Draft, Diligence, and Compare Products
Our agreement database products contain high-quality,
machine-readable agreements from a wide range of public
sources. These agreements span public and private sectors,
over 100 industries, multiple countries, and represent billions
of dollars in legal spend.
These products, especially when combined with natural
language processing software, can substantially improve time
to draft, diligence M&A targets, and set internal contract
standards..
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https://fantasyscotus.lexpredict.com/
About Project
We built a dynamic crowd-sourcing and
machine learning platform to aggregate
hundreds of thousands of human
predictions on cases before the Supreme
Court.
When combined with proprietary
algorithmic models that prioritize human
predictions and supplement structured
data, we surpass individual expert
performance in a scalable, cost-effective
manner.
The approach applies equally well to
other prediction contexts, including large
firms and corporate legal teams.
https://fantasyscotus.lexpredict.com/
experts + crowds + algorithms
FantasySCOTUS
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Integrated, real-time litigation dashboards
Litigation Dashboard
Can be customized to handle a wide
range of internal and external matter
and activity types.
Customizable
Can be integrated into existing
internal data sources; designed to
allow easy data entry.
Integrated
Focused on delivering actionable
output. We work with you to develop
predictive models that guide decision-
making along the way, not just at
“early case” stage.
Predictive
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coupling substantive legal competence with statistical comprehension
Quantitative Methods for Lawyers
Quantitative Methods for Lawyers
The Quantitative Methods course has been taught and refined
for Michigan State University, Chicago Kent IIT, online, and for
private classes.
In this course, we introduce participants to data-driven
scientific approaches and familiarize them with basic statistical
practice, including exploratory data analysis, regression, and
inference. Advanced classes are taught using R or Stata, while
introductory courses are taught using Excel or pencil-and-paper.
Course length and medium can be tailored to a variety of
formats.Daniel Martin Katz & Michael J Bommarito II.
Trained hundreds of attorneys and JDs
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end-to-end data science competency for legal
Legal Analytics and Prediction
Legal Analytics and Prediction
The Legal Analytics and Prediction course has been taught and
refined for Michigan State University, Chicago Kent IIT, online,
and for private classes.
In this course, we train participants to execute end-to-end data-
driven legal analytics and prediction projects. Data science skills
and legal applications are woven together as students learn to
extract and clean data from unstructured and structured
sources, segment and cluster records, build machine learning
models for regression and classification, and visualize and
communicate the results.
Course length, medium, and applications can be tailored to a
variety of formats.
Daniel Martin Katz & Michael J Bommarito II.
Trained hundreds of attorneys and JDs