Turns out that ELS skill sets map nicely onto a new trend (and growth area) in the legal market: Legal analytics. Part three (of three) in a series of posts at Above The Law briefly summarizes the emerging trend (here).

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Now a new set of “legal analytics” tools is on the rise. These tools analyze past legal reference data to provide insights into future outcomes. Legal analytics quantitatively forecast a judge’s holding in litigation or an examiner’s allowance of a patent application, based on the presence of a variety of factors.

The implications trigger a dizzying battery of questions. Is the tech trustworthy? Could this data help corporate counsel defensibly quantify risk? What would this mean for insurers, litigation financiers, and others who bet on litigation risk?

And the one that bothered me most: what if the forecasts create a prediction bias, impacting how decisions are reached?

I needed some answers. And I needed my head to stop spinning.

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