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TechValidate Customer Research Library / LexisNexis

TechValidate Research on Research and Litigation Solutions

889 TechFacts – Page 6 of 30

LexisNexis® Verdict & Settlement Analyzer Customer Statistic

52% of surveyed users solved the need to understand the range of possible outcomes based on past verdicts and settlements with LexisNexis® Verdict & Settlement Analyzer.

52%

LexisNexis® Verdict & Settlement Analyzer Customer Testimonial

In every demand to insurance company we do, I research the specific type of case in the Verdict & Settlement Analyzer, sometimes based on the specific injury, venue, insurance company, or defendant. It’s very helpful.

— Paralegal, 1 Attorney Firm

LexisNexis® Verdict & Settlement Analyzer Customer Testimonial

I have used the tool to generate a range of prior settlement values and arrive at an estimated settlement range for my case.

— Partner, 11-20 Attorney Firm

LexisNexis® Verdict & Settlement Analyzer Customer Testimonial

LexisNexis is useful in preparing client expectations for trial. Using past instances of verdicts helps to show outliers as well as the norm.

-Associate, 2-5 Attorney Firm

— Associate, 2-5 Attorney Firm

LexisNexis® Verdict & Settlement Analyzer Customer Testimonial

I have used it to adjust and standardize my valuation of cases in South Carolina after having practiced in Georgia for a number of years. While the two jurisdictions are close, case valuation varies significantly.

-Associate, 2-5 Attorney Firm

— Associate, 2-5 Attorney Firm

LexisNexis® Verdict & Settlement Analyzer Customer Testimonial

I’ve used the Verdict and Settlement Analyzer to find out how judges have ruled on specific legal issues in certain jurisdiction. It’s also been especially helpful in identifying damages awarded in cases similar to our own.

-Paralegal, 21-50 Attorney Firm

— Paralegal, 21-50 Attorney Firm

LexisNexis® Verdict & Settlement Analyzer Customer Testimonial

[Verdict & Settlement Analyzer has helped] In negotiations of settlement with difficult insurance companies.

— Elsie Valenciano, Paralegal, Rivas Law Group

LexisNexis® Verdict & Settlement Analyzer Customer Testimonial

Our firm uses the Verdict & Settlement Analyzer as a tool to provide settlement ranges in various cases. This has helped our firm be able to successfully negotiate several settlements.

-Legal Assistant, 21-50 Attorney Firm

— Legal Assistant, 21-50 Attorney Firm

LexisNexis® Verdict & Settlement Analyzer Customer Testimonial

[Verdict & Settlement Analyzer] was helpful in assessing the value of a case that involved a more obscure area of law that my firm was not as familiar with.

-Associate, 11-20 Attorney Firm

— Associate, 11-20 Attorney Firm

LexisNexis® Verdict & Settlement Analyzer Customer Testimonial

[Verdict & Settlement Analyzer] is a good tool to back up our arguments with raw data and when discussing case values with a client or opposing counsel or a mediator.

-Senior Associate, 11-20 Attorney Firm

— Senior Associate, 11-20 Attorney Firm

LexisNexis® Verdict & Settlement Analyzer Customer Testimonial

We were able to find a settlement that was recovered in unique types of cases.

-Associate, 2-5 Attorney Firm

— Associate, 2-5 Attorney Firm

LexisNexis® Verdict & Settlement Analyzer Customer Testimonial

I use caselaw, researched through Lexis, to assess the validity and strength of my intellectual property, contract disputes, and other personal injury cases.

-Solo Practitioner

— Solo Practioner, Small Business Legal Company

LexisNexis® Verdict & Settlement Analyzer Customer Testimonial

[Verdict & Settlement Analyzer] is helpful in assessing case value based on past verdicts and settlements.

- Solo Practitioner

— Solo Practioner, Small Business Legal Company

LexisNexis® Verdict & Settlement Analyzer Customer Testimonial

It has been useful in negotiations when adjusters have seriously undervalued a claim to demonstrate that similar case results in the jurisdiction were much higher than offers made by the Defense.

— Associate, 2-5 Attorney Firm

— Associate, 2-5 Attorney Firm

Lexis® for Microsoft® Office Customer Statistic

Proofread standard legal documents 37% faster with Lexis® for Microsoft® Office

Average time to proofread standard legal documents:

Without Lexis for Microsoft Office: 99 Minutes
With Lexis for Microsoft Office: 63 Minutes

LexisNexis® State Net® Customer Statistic

On average, State Net surveyed customers use the calculated Effective Dates on 69% of their enacted bills.

69%

LexisNexis® State Net® Customer Statistic

On average, our surveyed customers use the version compare function on 50% of the bills, they are tracking.

50%

LexisNexis® State Net® Customer Statistic

Surveyed State Net customers use the code linking feature, which State Net provides in a bill text, on 57% of the bills they are reviewing.

57%

LexisNexis® State Net® Customer Statistic

On average, surveyed State Net customers depend solely on the summary to decide on tracking for 60% of their bills.

60%

LexisNexis® State Net® Customer Testimonial

State Net gives me tags so I don’t have to guess how the bill pertains to my business. Additionally, I’m a custom client and bills pre-populated into my PF saves me a ton of time.

— Deah Shaw, Government/Regulatory Affairs Executive, Federal Home Loan Mortgage Corporation

LexisNexis® State Net® Customer Satisfaction

LexisNexis® State Net®

Net Promoter Score: +25
Average Rating: 8.5 out of 10

LexisNexis® State Net® Customer Statistic

Respond 72% faster to legislative events with State Net

On average, surveyed organizations can respond to legislative events 72% faster using State Net.

LexisNexis® State Net® Customer Statistic

Our customers identify changes in bills 75% faster, saving 13 minutes per bill with State Net’s uniform text

Average time to identify changes in a bill:

WITH State Net’s Uniform Text: 4 minutes per bill
WITHOUT State Net’s Uniform Text: 17 minutes per bill

LexisNexis® State Net® Customer Statistic

Save 9 minutes per bill with State Net’s title and summary

Average time to review…

State Net’s Title and Summary of a bill: 3 minutes per bill
Text of a bill: 12 minutes per bill

LexisNexis® State Net® Customer Statistic

Over half of surveyed customers are more productive with State Net, saving an average of 3 hours or more per day.

LexisNexis® State Net® Customer Statistic

Save 7 minutes per bill with State Net’s effective dates function

Average time to calculate effective dates per bill:

With State Net: 4 minutes
Without State Net: 11 minutes

LexisNexis® State Net® Customer Statistic

Save 7 minutes per bill with State Net’s Version Compare feature

Average time to compare different bill versions:

With State Net’s Version Compare: 10 minutes per bill
Without State Net’s Version Compare: 17 minutes per bill

LexisNexis® State Net® Customer Statistic

Save 20 minutes per bill with State Net’s code linking feature

Average time to check how the legislative proposal is impacting existing law:

With State Net’s Code Linking: 15 minutes per bill
Without State Net’s Code Linking: 34 minutes per bill

LexisNexis® State Net® Customer Statistic

State Net customers use the code links feature, which State Net provides in a bill text, on 55% of the bills they are reviewing.

55%

LexisNexis® Expert Research On-Demand Customer Testimonial

…Expert Research On-Demand is more comprehensive and a better research tool.

— Paralegal, 1-5 Attorney Firm

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