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Premonition.ai claims to have created a highly comprehensive litigation database, purportedly larger than those of competitors like LexisNexis, Thomson Reuters, and Bloomberg combined. This database is central to their range of services, which aim to provide advantages in litigation through data analytics, especially focusing on lawyers' win rates.

Key Offerings:

• Litigation Analytics: The central service involves analyzing court data to deliver insights into the performance of lawyers, which they assert can lead to a significant improvement in litigation outcomes.
• Win Rate Software: Premonition offers software designed to select lawyers based on their performance metrics, emphasized as an advantage for General Counsels and companies managing large litigation portfolios.
• Real-Time Court Monitoring (Vigil): Provides hourly updates on litigation cases, enabling clients to access detailed insights at various levels of detail concerning venue, judge, attorney, and others, with data delivered via APIs.
• Partnerships: Premonition collaborates with firms like Verisk, DXC Technology, and Ontellus to integrate litigation analytics into broader insurance and legal contexts.

Credibility and Network:

• Their services and insights are reportedly used by decision-makers at Fortune 500 companies and large law firms to improve legal strategies and manage risks.
• They provide real-time analytics and maintain a large repository of court data that allows detailed tracking of litigation trends which are used for various business and legal decisions.

Awards and Recognition:

Premonition has been recognized in various industry circles and has received numerous awards indicating its influence and perceived significance in the LegalTech space.

Critiques of Traditional Lawyer Selection:

• The company contends that traditional lawyer selection methods, such as recommendations, are flawed due to hidden biases and lack of transparency.
• Suggests that its data-driven approach offers a clearer insight into actual performance rather than relying on reputation or credentials.

Gender Insights:

• Premonition's analysis indicates gender-based performance differences among lawyers, pointing out women partners and associates having higher win rates than male counterparts, which it proposes could inform decisions around equitable pay and partnerships in firms.

Strategic Influence and Positions:

• It positions itself as a disruptive force in the legal analytics sphere, indicating that traditional measures of performance in various industries are outdated.
• Advocates for a shift towards transparency and data-backed decision-making in selecting legal representation.

Employment Philosophy:

• The company markets itself as an innovative workplace, calling for fresh thinkers over industry-experienced individuals to foster creativity and breakthroughs.
• It underscores the importance of making substantial societal contributions, contrasting with developing apps and minor technological improvements.

Global Reach and Partnerships:

• Premonition highlights its capacity to work with legal systems across the globe, suggesting that it can customize and scale its services to a vast array of legal jurisdictions.
• The company actively seeks partnerships to expand its application across new industries, enhancing existing market offerings with its analytics.

Through these services and claims, Premonition portrays itself as a forward-thinking company seeking to redefine the way in which legal analytics and litigation strategies are formulated, while also promising substantial savings and improved outcomes for their clients.