Solomonic 2024 Unwrapped
Another year has flown by and we wanted to take this opportunity to thank you for all your continued support - it is thanks to you that we have been able to achieve so much. As 2024 draws to a close, let’s take a moment to celebrate all that has shaped the last 12 months.
January
Solomonic delivers 10 years of data on the High Court of England and Wales!
The start of 2024 marked a major milestone for Solomonic: a complete decade of data on the High Court of England and Wales (2014-2023). We’ve become the go-to source for the most comprehensive analysis of High Court claims and judgments, and this year, we expanded our dataset even further. By year end we will have data on over 160,000 claims and actions on the platform. But we’re not stopping here. With ambitious plans to bring you even more insights (including Court of Appeal), we’re gearing up for another exciting year.
How do you make a rainmaker?
The legal services market has become significantly more competitive in recent years and High Court litigation is no exception. The challenging macro-economic environment, fundamental changes in client behaviour (including procurement), a decrease in the volume of High Court claims and the aggressive American firms have put a spotlight on firms’ and partners’ business development practices. Our CRO, Pete Nussey unpacked the vital role data and analytics plays in the making of a modern-day rainmaker.
February
High Court Commercial Disputes 2023
In early Feb, we released our 2023 Year in Review report. Our annual High Court commercial litigation data report offers valuable insights into the trends and dynamics of claims issued in the civil courts of England and Wales of the year gone by. We explored the dynamics of over 7,500 newly issued claims, the actors who participated in them and the more than 2,050 law firms that were instructed throughout the year.
Chambers dataset release
Developed in collaboration with South Square, we expanded our offering with comprehensive chambers data, providing an overview of over 200 chambers to complement our barrister insights. Now you can easily see which chambers handle the most claims, their claimant/defendant ratio, associated barristers and their claim value. We also unlocked further data views, including win/loss percentages and the relationships that reveal which law firms tend to instruct specific chambers or barristers.
March
Litigation’s long shadow: War, crises, scandals and cash (2023 and beyond)
Following the release of our report, we assembled a powerhouse panel of industry experts to delve into the insights and discuss the trajectory of High Court litigation in the coming years. The panel comprised of:
Maura McIntosh
Tom Dane
Hugo Marshall
Gareth Hunt
If you missed this, you can read the write-up, or watch the full recording.
April
The CAT is out of the bag! Solomonic launches Competition Module
We continued our momentum in April with the launch of our Competition Module, developed in partnership with Linklaters’ market-leading competition litigation team. This transformed the UK’s most high-profile and high-value disputes into a wealth of structured data, providing comprehensive insights for practitioners and their stakeholders.
Navigating the rising tide: Managing stakeholder expectations and litigation
We hosted a networking breakfast in collaboration with AI litigation platform TrialView and leading professional services firm Grant Thornton. In-house thought leader Grant McCaig, Head of Legal at The UK’s largest pensions company Phoenix Group, and TrialView founder Stephen Dowling QC shared their experience and insights on the challenge of managing litigation and stakeholders’ expectations in an era of emerging data analytics and AI.
May
Solomonic wins Excellence in Litigation & Data Science Award
May was a month of celebration as we picked up the award for Excellence in Litigation & Data Science at the Legal Innovation Awards (LIA) 2024. We are proud to be a two-time winner of this award, highlighting the growing success of the product and the successful rollout of our enhanced interface.
June
LIDW24
We had a busy and rewarding London International Disputes Week and it was wonderful to connect with so many of you. This year, we participated in four successful panels and if you missed any of them, you can find the available write-ups or recordings below.
London Legal Walk 2024
We rounded off the month with the London Legal Walk. The full Solomonic team showed up to walk the walk alongside over 18,000 others in support of free legal advice as part of the London Legal Support Trust 10k.
July
General King’s Bench judgments
Throughout the year, we worked hard to constantly keep adding more data to the platform, with July bringing insights and analytics on more than 1,100 General King’s Bench judgments. This not only gives you more background on judges, but also fuels richer analytical views including win/loss percentages, claim length and much more.
Solomonic data underpins key litigation market analysis
The demand for insights derived from data has never been stronger and the legal sector is no exception, but legal professionals have historically lacked access to such data to support informed decision making. We have been working alongside many of our customers and partners this year to extract platform data and intelligence to craft insightful, topical and compelling thought leadership pieces, industry reports and other content that ties in with current trends and topics.
If you would like to build your own data-driven stories with us, please contact our team on info@solomonic.co.uk and we will be more than happy to discuss.
August
New faces at Solomonic!
To deliver even greater value to our customers, we continue to expand our team and over the summer we proudly welcomed eight talented individuals who are helping us drive innovation and lead the way in litigation intelligence.
September
The UK Litigation landscape: Half-year 2024 key trends and developments
In September, we released our Half-year Review 2024. The report explored how global political uncertainty and conflict, economic challenges and climate disruption from 2023 have impacted the first half of 2024’s litigation activity in the High Courts of England and Wales. Our most extensive half-year analysis to date, we revealed who’s been most active, notable high-value claims and much more.
October
Solomonic Super User lab: Best in-class tech, AI innovations and more
The Solomonic Super User Lab in October brought together our top users for an afternoon of collaboration and innovation. Hoi-Yee Roper, Senior Counsel at Farrer & Co, shared insights on maximising value from legal tech and practical use cases from the platform, empowering attendees to drive greater impact within their firms. Peter Nussey, CRO, wrapped up the session with an overview of our product roadmap.
November
Solomonic unveils new Personal Injury and Clinical Negligence Module
Our final dataset release of the year, the Personal Injury & Clinical Negligence Module, delivers new insights into injury and clinical negligence claims, encompassing a comprehensive dataset of almost 20,000 complex injury cases - broadening possibilities for litigation professionals. Top ranked firm Stewarts, who have significant expertise in serious injury claims as well as a dedicated injuries knowledge development lawyer, provided input and guidance in the development of this new module. This module offers a complete view of claims from 2020 onwards and a comprehensive view of judgments since 2014.
December
Happy holidays!
From all of us here at Solomonic, wishing you a joyful and peaceful holiday season filled with happiness and time with friends and family! We look forward to 2025…