Judicial Analytics
Exciting technology is being developed to assist lawyers, clients, and litigation financers. Trellis describes their product as a “decision engine.” Their technology allows individuals to make strategic decisions about litigation matters with the help of hard-data. To date, this technology only assists with lawsuits in California. However, Trellis plans to expand into other states such as Texas, New York, and Florida.
Trellis gives users a judicial strategy report after combing through hundreds of thousands of court documents. These reports analyze a judge’s past rulings on similar issues and also report on how they respond to specific types of motions. Imagine how swiftly litigation financers could complete their due diligence with help such as this! Additionally, this could provide useful as a tool to help investors invest more reliably.
Currently, the due diligence period for litigation financers is indefinite. Usually, it is completed within a couple of days to a few weeks. With Trellis, this process could be sped up significantly.
Additionally, Trellis is described as “[an] advantage in the courtroom.” Seeing as litigation finance is provided on a non-recourse basis, this will help investors determine whether or not a case is worth financing. Even if 90% of cases that are invested in provide a return on an investment, with Trellis, that percentage could increase. If an investor is able to see an increased return, this could help others receive a better deal on their arrangement because of a financer’s increased confidence in the merits of their case.
Keywords: Trellis, analytics, confidence, report, litigation finance
Work Cited: Robert Ambrogi, New Judicial Analytics Platform Launches With $2M Funding, Above the Law (March 27, 2019)