Getting a boost from a third-party investor in litigation is still a relatively new concept for lawyers and businesspeople in the United States, but it appears to be gaining steam, according to the results of a new survey.
The second annual Litigation Financing Survey [PDF], sponsored by Burford Capital, a provider of investment capital and risk solutions for litigation, and conducted by Briefcase Analytics, a business intelligence firm, surveyed private practice lawyers, in-house counsel and financial...
Still dreaming about going to law school and basking in the afterglow of a lucrative, prestigious career? Here's the latest on the law school scene and more:
1. Hurry! Get your coupons for law school tuition! Law schools seeking students really ought to consider offering discounts through Groupon. It could be a very effective way to reach customers—especially those who didn't even know they wanted to go to law school.
Almost every week there's another law school slashing its tuition....
It was a job lost in 140 characters. Attorney Sarah Peterson Herr was a researcher at an appellate court in Kansas. According to her own disciplinary hearing, she watched a high-profile trial on a computer in her office and Tweeted her observations, speculations and reactions.
Tweets included lofty observations, such as “Holy balls, there are literally 15 cops here for the Phil Kline case today” and “you don’t think a sealed document is meant to be confidential. BURN.” She also estimated...
Lawyers will always be required for sage advice and counsel. Of course, that assumes that lawyers will be needed in a world where document review will be by computers, using predictive coding. And that criminal sentencing may be a mathematical equation requiring only a computer. Or a world in which disputes are no longer resolved by jury trials; but, by alternative dispute resolution.
From the Chicago Tribune:
Breaking up is hard to do—even when both husband and wife are ready to bring their marriage to an end. As a result, divorce can often be financially devastating and time consuming.
Against that backdrop, attorneys Sandra Young and Brian Garvey have developed an innovative antidote that is believed to be the first of its kind anywhere: “The Weekend Divorce.”
A centerpiece of their streamlined approach is booking a hotel conference room for two days and negotiating...
Launching at LegalTech New York today, Picture It Settled® software is being billed as a highly-intelligent predictive analytics tool that guides inside and outside attorneys through the negotiation process, based on deep data harvested from thousands of cases.
The online-accessible technology was created by a team of attorneys and statisticians led by Don Philbin, a nationally recognized attorney-mediator based in San Antonio.
Using neural networks, probability theory and behavioral patterns,...
Associate general counsel Mary Brennan Stitch credited a piece of software with helping her company settle a case by predicting the outcome of various moves during negotiations.
“Despite all the books and classes we may have consumed on the art of negotiating, too often we rely largely on educated guesses and gut instinct to dictate our strategy and negotiation tactics,” said Stitch in a statement. She serves as chief litigation counsel at San Antonio–based Rackspace Hosting Inc., which...
Download apps, plan ahead, and drink lots and lots of coffee.
Heading to the Big Apple for the Super Bowl LegalTech New York? Well, aside from the most important advice that applies to events at both Met Stadium and the New York Hilton Midtown (wear comfortable shoes and bring very warm coats) here's some instant mentoring for newbies:
>> Sprint: For newbies, do a lap of the vendor floors to get a feel for things, then go back and target those vendors that have products or services...