Pre/Dicta Acquires Gavelytics

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Pre/Dicta, a provider of a litigation analytics platform that makes predictions about the outcome of federal lawsuits, acquired Gavelytics, a judicial analytics platform for state court cases.

The purchase, the terms of which were not disclosed, shortens Pre/Dicta’s timeline for creating a tool that offers instant and accurate predictions for state courts across the country.

Gavelytics founder Rick Merrill will join Pre/Dicta as strategic advisor.

Gavelytics was a market leader in litigation analytics for state courts, where 95% of all cases heard in the U.S. take place. Launched in California in 2017, the company expanded its geographic coverage to 25 states and the reach of its analytics to include not only data points on judges, but also law firms, lawyers, and litigants. Before ceasing operations in 2022, Gavelytics secured multiple patents and established customer relationships with a number of the world’s largest law firms and corporate legal departments, including those at leading insurance companies.

Launched in summer 2022 and led by CEO Dan Rabinowitz, Pre/Dicta uses data science to predict whether a case will survive a motion to dismiss by identifying the factors that influence such a decision, including the presiding judge’s net worth, political affiliation, educational and work experience, and other biographical data points that are not intuitively significant and determine whether a case will move forward. This intelligence provides legal teams an advantage and informs overall litigation and settlement strategy, forum shopping, transfers of venue, resource allocations, and more.

FinSMEs

12/01/2022