Ed Walters, CEO of Fastcase, a 10-year-old legal research and information provider in Washington, D.C., says his company has thrived because it already addressed the problems that LexisNexis and West are now trying to correct. “In the old way of doing legal research you get this long list of results and the results are undifferentiated. It’s one-size-fits-all,” he says. “That’s a huge problem.”Beyond innovations in legal research technology, the ABA Journal also points out Fastcase's innovative business model as well.Fastcase sorts results from best to worst and citation analysis is built into the results. The results also can be sorted with a “four-dimensional graphical map” that helps users see the answers to the search.
In addition to selling its services to individual lawyers and firms, Fastcase counts 17 state bar associations and a variety of local bars as clients. In some instances, bar members receive access to all of Fastcase’s databases for free; in others, they are given access to their state’s case law and federal case law for free. Fastcase then upsells members on access to the cases of the other 49 states. More than 380,000 lawyers nationwide have some free access through their bar associations, according to the company.At Fastcase, we're passionate about innovation. We're trying to change what David Curle of Outsell calls a "fat and happy" culture of complacency and high prices in legal research. Whether it's innovation in research software, industry-leading reference support, or simply disruptive pricing, we're proud to be leaders. If that shakes up the industry, and makes everyone innovate -- all the better! Isn't that what market disruption is about?
Winner of the prestigious American Association of Law Libraries (New Product) Award, Fastcase for iOS, Android, and Windows Phone is used by more attorneys than any other legal app according to the ABA. Anyone may use the app for free to access Fastcase's comprehensive legal research database on the go.