Stanford Law is a Hotbed for Tech Startups and Legal Entrepreneurs
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Taking a cue from the academic origins of many Silicon Valley inventors, Stanford Law School has become an incubator for legal technologists.
Not typically credited as innovators, at least five startups have been created by current students and grads at the school since 2009, Law Technology News reports. Lex Machina, a company that maps electronically available patent litigation events and outcomes to build a litigation database, is credited as the first. “I think Lex Machina broke the ice, showing the commercial potential of collaboration between the law, business, and engineering schools,” says Clint Korver, a partner at Ulu Ventures, which has invested in three legal tech startups.
Even as many new companies are doomed to early failure, the law school continues to ramp up its commitment to budding entrepreneurs and businesses that make the practice of law more efficient using the latest technology, such as machine learning, data analysis, visualization, and advanced search techniques.
Read original articleTags: Hotbed for Tech Startups, Lex Machina, Stanford Law, Stanford Law School
