Company profile: Lex Machina
1.1 - Company Overview
Company description
- Provider of legal analytics for companies and law firms to craft strategies, win cases, and close business. Its platform covers courts, judges, law firms, and attorneys; class action analytics (damages, timing, outcomes); state court analytics (motion metrics, trial outcomes); federal district and appellate analytics (case trends, judge behaviors, reversal rates); and specialty venue analytics for PTAB, ITC, and USPTO.
Products and services
- Legal Analytics Platform: An analytics-engine-powered system delivering data on courts, judges, law firms, and attorneys to craft strategies and analyze litigation trends, leveraging Lexpressions engine to create never-before-available data sets
- Federal District Court Analytics: A jurisdiction-specific product that offers analytics on federal civil district court cases, including insights into case trends, judge behaviors, and litigation outcomes for strategic litigation planning
- State Court Analytics: A statewide system that delivers insights for state court litigation, including motion metrics and trial outcomes to help law firms, companies win cases and close business
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Lex Machina
Document Crunch
HQ: United States
Website
- Description: Provider of a contract intelligence platform for the construction industry that simplifies and standardizes contract review, quickly identifies critical risk provisions, and provides guidance across the project lifecycle. Offerings include CrunchAI, Playbook, contract review standardization, compliance enablement, a Microsoft Word redlining integration, and Chat with Your Contract for instant insights.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Kira Systems
HQ: Canada
Website
- Description: Provider of machine learning software for contract review and analysis, identifying, extracting, and analyzing text in contracts and other documents. Offers Kira for automated clause and data extraction, Quick Study for no-code custom smart fields, built-in smart fields pre-trained to extract 1,000+ provisions, and adaptive workflows to manage collaborative review and tracking.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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LexPredict
HQ: United States
Website
- Description: Provider of enterprise legal technology and consulting for corporate legal departments and law firms, specializing in legal analytics, data science, risk management, and legal data strategy. Services include CLM implementation and support; managed contract drafting, review and negotiation with metrics and workflow; AI-powered contract insights; a cloud-based legal operations platform; and digital transformation consulting.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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ThreadKM
HQ: United States
Website
- Description: Provider of collaboration technology and a knowledge management platform for law firms and corporate legal departments. Founded in 2013 and headquartered in Alpharetta, Georgia; operates as a subsidiary of NetVoyage since November 29, 2017.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
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File & ServeXpress
HQ: United States
Website
- Description: Provider of e-filing and e-service solutions for law firms and courts, enabling electronic submission and service of legal documents, secure document exchange between judges and attorneys, alert and notification tools, a document repository, and multi-case filing to manage key support functions throughout the litigation lifecycle.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full File & ServeXpress company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Lex Machina
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Lex Machina
2.2 - Growth funds investing in similar companies to Lex Machina
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4 - Top valuation comps for Lex Machina
4.2 - Public trading comparable groups for Lex Machina
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