We consider the Cauchy problem for 2-D incompressible isotropic elastodynamics. Standard energy methods yield local solutions on a time interval [0,T/ϵ], for initial data of the form ϵU0, where T depends only on some Sobolev norm of U0. We show that for such data there exists a unique solution on a time interval [0,expT/ϵ], provided that ϵ is sufficiently small. This is achieved by careful consideration of the structure of the nonlinearity. The incompressible elasticity equation is inherently linearly degenerate in the isotropic case; in other words, the equation satisfies a null condition. This is essential for time decay estimates. The pressure, which arises as a Lagrange multiplier to enforce the incompressibility constraint, is estimated in a novel way as a nonlocal nonlinear term with null structure. The proof employs the generalized energy method of Klainerman, enhanced by weighted L2 estimates and the ghost weight introduced by Alinhac.