Casetext: A Disrupter
January 21, 2018
Legal information is of interest to legal eagles. However, a business move by Casetext may cause pain at professional publishing shops operated by LexisNexis and Westlaw. Both companies pride themselves on their technology savvy. But a four year old company may have become the little engine that could run over executives napping on the train tracks.
According to a company statement:
Casetext’s new Holdings feature is the largest searchable collection of concise case summaries ever assembled. To create Holdings, Casetext applied a tactic they call “judicial language processing,” exploiting patterns within the case law corpus to excerpt summaries directly from judicial opinions. Holdings is invaluable for any attorney looking to quickly familiarize herself with the crux of a judicial opinion and nimbly compare and contrast similar holdings across a particular area of law.
To add to the competitive thrust, Casetext uses smart software which seems to be a competitive advantage.
Founded in 2013, Casetext has attracted more than $20 million in venture funding.
Worth watching how this battle of legal eagles plays out.
Stephen E Arnold, January 21, 2018
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