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LexisNexis Launches New Legal Tech Accelerator In Silicon Valley

Participating startups receive hands-on mentoring, access to cutting edge tools, technologies and data, and other unique benefits to advance their businesses.

By California Lawyer Staff  |  December 8, 2016

LexisNexis today announced the launch of a new legal tech accelerator in Silicon Valley designed to give startups a leg-up in the rapidly expanding legal tech industry. The accelerator will leverage the vast content resources of LexisNexis, deep expertise in legal, technology and startup domains, and industry-leading market position to assist program participants.

The accelerator will be located in the Menlo Park, CA offices of LexisNexis business Lex Machina™. Lex Machina is the provider of the innovative and award-winning Legal Analytics® platform, and the accelerator program will be led by its CEO, Josh Becker with support from LexisNexis Chief Technology Officer Jeff Reihl; Chief Product Officer Jamie Buckley; Vice President of US Product Management Jeff Pfeifer; and Lex Machina Chief Evangelist Owen Byrd.

“The new LexisNexis Legal Tech Accelerator program brings together the elements that startups need to get their projects off the ground and establish a foothold in the fast moving world of legal technology,” said Jeff Pfeifer. “The program also demonstrates our commitment to driving innovation and advancing the legal industry through the use of data, analytics and next generation technologies.”

“Lex Machina has deep roots in Silicon Valley,” said Josh Becker. “Being actively involved in Stanford University’s CODEX program, and having begun as a Stanford project before spinning off as a startup, we know first-hand the struggles that legal tech and other Silicon Valley startups go through. That’s why we’re proud to be spearheading this incredible opportunity and bringing this much-needed resource to the startup community.”

As part of the program, accelerator participants will receive a wealth of benefits that will help advance their projects or businesses:

  • Knowledge: Access to the industry’s leading store of enriched legal data from LexisNexis
  • Tools: Access to cutting-edge tools and technologies from LexisNexis
  • Mentorship: Weekly hands-on sessions with Josh Becker and other LexisNexis executives on topics such as growing legal tech companies, technology and product development, and building a strong company culture
  • Education: Strategy sessions on a variety of topics, including selling to legal departments and law firms; running an agile product development organization; leveraging legal data; best practices in customer success, marketing and fundraising
  • Connections: Leverage relationships with Stanford University and other leading Bay Area schools, businesses, VCs and influencers
  • Workspace: Space for up to three people for three months inside the exciting environment of an award-winning legal tech startup (1010 Doyle Street, Menlo Park, CA)

For more information, or to apply to the accelerator program, please email Alex Oh (aoh@lexmachina.com).

About LexisNexis® Legal & Professional

LexisNexis Legal & Professional is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis Legal & Professional harnesses leading edge technology and world class content to help professionals work in faster, easier and more effective ways. Through close collaboration with its customers, the company ensures organizations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. LexisNexis Legal & Professional, which serves customers in more than 175 countries with 10,000 employees worldwide, is part of RELX Group plc, a world leading provider of information solutions for professional customers across industries.

About Lex Machina

Lex Machina’s award-winning Legal Analytics® platform is a new category of legal technology that fundamentally changes how companies and law firms compete in the business and practice of law. Delivered as Software-as a-Service, Lex Machina provides strategic insights on judges, lawyers, parties, and more, mined from millions of pages of legal information. This allows law firms and companies to predict the behaviors and outcomes that different legal strategies will produce, enabling them to win cases and close business.

Lex Machina was named “Best Legal Analytics” by readers of The Recorder in 2014, 2015 and 2016, and received the “Best New Product of the Year” award in 2015 from the American Association of Law Libraries.

Based in Silicon Valley, Lex Machina is part of LexisNexis, a leading information provider and a pioneer in delivering trusted legal content and insights through innovative research and productivity solutions, supporting the needs of legal professionals at every step of their workflow. By harnessing the power of Big Data, LexisNexis provides legal professionals with essential information and insights derived from an unmatched collection of legal and news content—fueling productivity, confidence, and better outcomes.

Source: LexisNexis Press Release

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