Pre/Dicta Acquires Shuttered Gavelytics in Push to Accelerate State Court Predictions
At the time it closed its doors in June 2022, Gavelytics had expanded its court analytics to 25 states. Those advancements will help Pre/Dicta accelerate the creation of its own predictive analytics tool for state courts.
January 11, 2023 at 11:17 AM
3 minute read
Mergers and Acquisitions
Legal tech M&A in 2023 has entered the litigation analytics space.
On Wednesday, litigation analytics platform Pre/Dicta announced that it has acquired the defunct litigation analytics platform Gavelytics for an undisclosed sum. Pre/Dicta's platform focuses on predicting the outcomes of federal lawsuits, while Gavelytics, when it was in operation, focused on state court cases.
According to the press release, the acquisition "dramatically shortens Pre/Dicta's timeline for creating a tool that offers instant and accurate predictions for state courts across the country." Pre/Dicta leverages predictive analytics to determine the likelihood of case outcomes and how long such outcomes take. It does so by weighing multiple variables including a presiding judge's political affiliation, education and work experience, among other data points.
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