Press Release: Juristat Announces Suite of New Products | 2015
Latest release will help firms compare performance and attract new clients
ST. LOUIS, MO – September 1, 2015 – Juristat, the legal technology company known for its industry-leading Patent Examiner Reports, today announced the release of a new suite of products that will help law firms compare performance and attract new business.
“These new offerings will fundamentally change the way patent prosecutors at firms grow their book of business, and allow in-house counsels to make data-driven hiring decisions when selecting outside counsel. We are extremely excited to get this into the hands of the customers,” said Drew Winship, co-founder and CEO.
The Company’s latest SaaS offerings let law firms attract new business by comparing their performance to that of major patent filers like IBM and Samsung. Performance is based on four key metrics: allowance rate, number of office actions required, time to disposition, and claims won/lost. This information empowers firms to make data-backed decisions when targeting potential clients.
Additionally, Juristat now gives firms the ability to see how they stack up against competitors in key metrics like allowance rate, number of claims lost, and number of office actions. Using this data, firms can uncover problem areas and develop effective strategies for improvement.
All of the Company’s newest features include data-based graphics that reflect Juristat’s commitment to beautiful design. “Information is often only usable when it’s actionable and explainable,” said Kirk Damman, Partner at Lewis Rice. “Juristat’s graphics make it easy for me not only to see the course of action to suggest, but to explain to a client why.”
Finally, the Company announced the release of Juristat Personal, a case management tool for patent attorneys and agents. With Juristat Personal, attorneys can input their individual case numbers, get customized data, and compare their performance to firm-wide averages. Juristat Personal is currently in a free beta and invite only, but users can request to be added to the wait list on Juristat’s website.
Juristat transforms public patent data into actionable analytics to help firms and in-house counsels optimize patent prosecution strategies. Our cutting-edge and highly scalable products are primed to change the way law firms and businesses approach patents and the law. Our debut product, Juristat Patent Examiner Reports, analyzes past behaviors of all USPTO patent examiners to predict their future behavior. As Juristat continues its rapid growth, it plans to bring its big data analytics to every aspect of the legal system to create a transparent, predictable, and equitable system for all.