Big Data is a big topic in academic and high-tech circles. And in case you haven't noticed, it's a big -- and growing -- topic in financial services too.
In the next few years, expect big data to change the way financial services firms approach almost every part of the business, from asset and risk management to determine credit worthiness and trading, according to a new white paper from BNY Mellon.
The paper, titled "The Transformational Influence of 'Big Data' on the 21st Century Global Financial...
All rise and download the latest iOS update of PocketJustice http://at.law.com/LTN136x .
If it seems like years since the maiden version of PocketJustice hit the iTunes store and quickly positioned itself as a top-shelf mobile multimedia resource for constitutional law, that's because it was way back in early 2010 when the Oyez Project, now at Chicago-Kent College of Law, first released the jammin' app delivering audio of Supreme Court arguments to smartphones.
PocketJustice presents audio...
Placing the value on bodily injury claims is inherently speculative.
To remove some of the guess work from ascertaining a proper value for general damages, some insurance companies utilize a comprehensive software program called Colossus. The Colossus software attempts to recreate, electronically, the “round-tabling” that often occurs with specific claims. One court has described the “round-tabling” process as a process in which the insurer’s most skilled and experienced casualty claims...
Greetings from ReInvent Law, our law laboratory devoted to technology, innovation, and entrepreneurship at Michigan State University College of Law. You read that right. We are law professors with a laboratory where we teach technology, analytics, innovation, and entrepreneurship in legal services. We are law professors devoted to training lawyers for the law jobs of the 21st century. And yes, math will be on the exam. This is the New Normal in legal education.
The legal services and products...
The deterioration of the legal jobs market and the crisis in legal education have dominated recent headlines. Some conclude that the current weak market reflects the new normal in legal education and the profession, and they fill the ether with their tales of doom and gloom. I remember hearing the term "new normal" just prior to the Dotcom Bust in the early 2000s, so such references signal to me a radical change is coming. The growth of third-party litigation financing (TPLF) may be the catalyst...