Solomonic is an award-winning and intuitive litigation analytics platform that helps legal professionals make data-driven decisions in managing disputes. The company leverages proprietary machine learning and expert input to provide actionable intelligence for evaluating settlement patterns, fine-tuning litigation tactics, and enhancing estimates and predictions.

Solomonic

The Solomonic platform is the solution for accurate, timely data and analytics in the UK litigation market. Don’t just be on top of the latest developments, connect the dots and practice at the cutting edge.

Our chart spotlights the leading firms acting for defendants in claims issued in 2023. Powerhouse DAC Beachcroft leads by a considerable margin, while seasoned market leader Clyde & Co maintains a strong performance in second spot. 

Kennedys and RPC- law firm stand out as notable defendant side powerhouses, coming in at a close run third and fourth position respectively, underscoring their reliability and the trust clients place in them for their defendant work.

DWF maintained a robust position year-on-year, securing a joint position in the top 5 alongside Weightmans, a big mover in a positive year fueled by a range of disputes which saw them grow their activity by 33%.

The biggest increase came from HFW, accomplishing an astonishing 369% rise on the previous year, accredited to their defence of various clients but most notably insurers. 

Penningtons Manches Cooper LLP Manches Cooper also registered a substantial increase, also predominantly in insurance-related claims.

Shoosmiths doubled its activity, securing the tenth spot, while legal giant CMS UK once again features in the top 15, in eleventh spot, and banking heavyweights TLT LLP make their mark at 12th.

Read the full report for further perspectives into law firms as well as a whole host of additional data about the disputes landscape including topics, claim values, and judgment insights: https://lnkd.in/eEum9D7h

#SolomonicInsights #commerciallitigation #defendant #lawfirms #litigation

Specialist claimant firms feature in the top 15 list in 2023 but its litigation heavyweights who dominate. The chart spotlights the leading claimant firms acting on claims issued in 2023.

Barings Law secured the top spot for the first time, focusing on claimant-side insurance work, while usual contenders Leigh Day, Clyde & Co, Hamlins LLP and GSC Solicitors LLP maintained their high ranking positions in the top five. 

Leigh Day, in second, shifted its focus slightly from dieselgate claims to exerting more pressure on the public sector and healthcare, particularly in human rights cases.

Clyde & Co, just shy of second place, stand out for the breadth of their legal work and are prominent across the rankings.

Hill Dickinson LLP and DAC Beachcroft demonstrated a notable presence in construction sector disputes, resulting in strong years for both firms. 

Pinsent Masons have maintained their well-established position as a leading law firm finishing fractionally up on the previous year.

Stephenson Harwood LLP, saw a 33% increase in claimant-side activity, securing a spot in the top 10.

Shoosmiths, an impressive all rounder with a strong presence in both claimant and defendant rankings, holds the 10th position here after another strong year of commercial disputes work across a range of sectors from banking to manufacturing.

Addleshaw Goddard had a very active 2023 on the claimant-side, doubling their 2022 claimant figures.

DWF’s claimant activity was mainly in the TCC and Property courts representing construction, banking and consumer product organisations.

Explore the complete Year in Review 2023 report for an in-depth market analysis, featuring insight into the flip side of the leading defendant firms as well as additional law firm rankings and disputes data: https://lnkd.in/eEum9D7h

#SolomonicInsights #commerciallitigation #claimant #lawfirms #litigation

In a year marked by significant geopolitical events, particularly the ongoing Russo-Ukrainian war, it is unsurprising that the seizure of aircraft produced some of the highest value disputes of 2023. 

Litigators in insurance and aviation experienced a surge in activity, with the aviation sector standing out for having the highest average claim values. Additionally, new Covid-related disputes, including the complexities of insurance policies, have further contributed to increased activity in the insurance sector.
 
The construction & infrastructure, banking & finance, and professional services sectors have also been incredibly busy. The commodities & mining sector saw low claim volumes, though tending to be higher in value, largely due to a series of securities claims associated with Glencore. Pharmaceutical shares a similar pattern. 

For a deeper dive into the disputes landscape, download the full report here: https://lnkd.in/eEum9D7h 

#SolomonicInsights #commerciallitigation #insurancedisputes #aviationlaw

Legal Futures highlights some of the key findings from our recently released Year in Review 2023 report.

Clyde & Co and 4 New Square Chambers were the most active law firm and chambers in the High Court in 2023, a year that saw commercial dispute numbers stay steady and insolvency matters on the rise. 

Edward Bird, Solomonic CEO, said: “Global events cast a long shadow and this is evident in 2023 commercial litigation. Despite a slow start it has turned into an equally busy year for litigators.”

Read the full write up here: https://lnkd.in/eUSq2EnB

#legalnews #lawfirm #barristerchambers #legalindustryinsights #commerciallitigation

Solomonic’s law firm ranking for 2023 shows the top 30 firms maintained rock solid control over the substantial litigation work. The table reveals the leading firms acting in claims issued in 2023.

🏆 Clyde & Co maintained their market leading position for a third year in a row.

DAC Beachcroft secured second spot, with a 16% uplift in claim volume.

Barings Law emerges as the biggest new entrant, its rise driven by a raft of pandemic business interruption claims.

Legal giants DWF and Kennedys complete the top 5.

Disputes powerhouse RPC- law firm comes in at 6th and Weightmans, Shoosmiths and Leigh Day complete the top 10.

Other litigation leaders all retain a top 30 spot, including Eversheds Sutherland, TLT LLP, CMS UK, Hill Dickinson LLP, Stephenson Harwood LLP and FT 2023 Innovative Law Firm award winners Pinsent Masons.

Key performers include respected heavyweight HFW who return to the table with a big jump in new High Court work (up 125%). Addleshaw Goddard (66%) and Mishcon de Reya LLP (48%) also delivered increased High Court activity.

Read the full report for additional law firm rankings and data about the market and the disputes landscape: https://lnkd.in/eEum9D7h

#SolomonicInsights #commerciallitigation #lawfirms #highcourt #litigation

Just published! Our Year in Review 2023 report is now available to download.

As crises loomed large over last year’s disputes, our annual High Court commercial litigation data report delves deep into the key trends and analytics surrounding the claims issued in the civil courts of England and Wales in 2023.

Read the summary here: https://lnkd.in/evPHhthi 

#SolomonicInsights #annualreport #legalnews #lawfirms #highcourt #legalindustryinsights #litigation

The study from Harvard Business Review and DCM Insights examining business development behaviours in law firms brought attention to some outdated practices and proposed a blueprint for achieving high performance in BD – The Activator.

Our CRO, Peter Nussey, draws an additional conclusion, that data and analytics play a vital role in the making of a modern-day rainmaker and are key to achieving top performance.

'Tracking the market and your relationships will help you understand how enduring they, and your expertise, really are.'

#lawfirmBD #bdforlawyers #legalmarketing #businessdevelopment #lawfirms

Solomonic is thrilled to announce its latest partnership with TLT LLP, Law Firm of the Year at the Legal Business Awards 2023. TLT’s collaboration with Solomonic will unlock rich data insights and analytics for their full range of disputes, including banking, commercial, real estate, and intellectual property.

Jonathan Hoey said, “Our collaboration with Solomonic is testament to our unwavering dedication to innovation, built on insight and technology. Solomonic will provide our disputes team with unparalleled insights into the UK legal landscape that will allow us to deliver impactful and meaningful analysis for our clients. The legal industry’s best meets the best in litigation data and analytics, and we look forward for what is to come.”

Read the full press release here: https://lnkd.in/eUQp9ibx

#legalnews #lawfirms #legaltech #dataanalytics #partnership

Feeling the Monday blues on this #BlueMonday? Well, when it comes to the number of claims in the High Court, today is just a typical day in January. Since 2020, the third Monday of the month differed by an average of 1.5% in volume of claims for January.

In fact, if we compare the third Monday of January to an average day in its respective year that drops to 15% fewer disputes registered, which some might even say reflects a happy metric! January tends to be a quieter month overall, so take a moment to enjoy a brew and Tuesday will be here before you know it.

#SolomonicInsights #legalindustryinsights #legalnews #highcourt #litigation

Solomonic delivers 10 years of UK High Court data! 🚀 

2024 is a big milestone, as it means we have gathered a complete decade of UK High Court data (2014-2023). We've become the leading source for the most comprehensive view and analysis of High Court claims and judgments. But our journey is only beginning, we have ambitious plans to expand our data coverage, including the upcoming competition module and the addition of more courts on the horizon.

#legaltech #legalnews #highcourt #legalindustryinsights

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