Premonition

Premonition is a legal analytics firm that positions itself as having built the world's largest litigation database, exceeding the scope of major competitors combined. Founded in 2014 by CEO Guy Kurlandski and CIO Toby Unwin, the company is headquartered in Miami, Florida. The inspiration for the company stemmed from Unwin's personal experiences with lawsuits, which highlighted the opacity of the legal industry where attorney selection often relies on referrals rather than performance data. Neither founder came from a traditional legal background; Kurlandski has a diverse entrepreneurial history in real estate and consumer products, while Unwin's background is in technology and recruitment, having previously founded the online headhunting firm NetSearch. This outside perspective fueled their goal to bring transparency to the legal field.

The core of Premonition's business is a proprietary artificial intelligence system that mines and analyzes vast amounts of public court data. The system processes over 50,000 documents per second to determine the performance records of individual attorneys, specifically their win rates before particular judges. This service provides clients with a data-driven approach to selecting legal representation, moving beyond traditional methods like firm reputation. The platform's features allow users to analyze attorneys, judges, and opposing counsel based on their track records, win rates, and case types. It also enables the ranking of arbitrators and the selection of expert witnesses based on past case results.

Premonition's business model is B2B, primarily serving clients who can leverage this data for a strategic advantage in litigation. The main target market is the insurance industry, as insurers are frequently involved in litigation and are responsible for hiring or approving legal counsel. The company's "ClaimsScan™" product is specifically designed to help insurance companies manage the legal risks of a claim. Other clients include general counsel at large corporations and law firms seeking to select co-counsel with proven success records in specific courts. Revenue is generated through subscription-based access to its platform. The company has also expanded its database internationally, including court records from India. Premonition has raised at least $5 million in funding.

Keywords: legal analytics, litigation database, attorney performance, win rates, judicial analytics, legal tech, legal data mining, artificial intelligence in law, big data in law, insurance litigation, general counsel tools, lawyer selection, court data analysis, legal risk management, predictive analytics in law, litigation strategy, legal business intelligence, attorney track record, e-discovery, legal market transparency