The Increasing Use of Data Analytics in International Arbitration

The Use of Legal Analytics in U.S. Litigation

Legal analytics technology is now well established in the context of U.S. litigation, with one of the leading players in the market, Lex Machina, celebrating its 10th anniversary earlier this year. Lex Machina, however, is no longer alone in the legal analytics market. At least five other competitors have developed platforms that also examine publicly available records primarily from federal district courts, obtained through PACER. A survey conducted earlier this year comparing litigation analytics products (Bloomberg Law; Docket Alarm; Docket Navigator; Lex Machina; Monitor Suite; and Westlaw Edge) revealed differences in results, seemingly owing to discrepancies in the available data and the ways in which it is processed. Nonetheless, these litigation analytics providers offer sophisticated data analysis tools that, if used properly, can shed light on how a particular judge is likely to rule, as well as provide indications on the expected length or cost of specific proceedings. This information aids counsel and parties in making important strategic decisions, including whether to pursue a particular case or litigation strategy.

Limited Availability of Legal Analytics in International Arbitration

Arguably, access to data analytics is even more relevant in the context of international arbitration, where the parties and counsel exert a greater degree of control over key features of the dispute resolution process. For example, one of the most consequential choices in the context of arbitration proceedings is the parties' selection of the arbitral tribunal. Access to meaningful information about individual arbitrators, including details about their prior experience, their views on particular issues, their overall case load and procedural practice, is therefore of paramount importance.