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Lewis on Tort Litigation Tactics
August 13, 2018
Richards Lewis has posted to SSRN Strategies and Tactics in Litigating Personal Injury Claims: Tort Law in Action. The abstract provides: This article reveals some of the tactics which lawyers may use when conducting personal injury litigation. The research is empirically based by being drawn from structured interviews with a cross section of practitioners. This qualitative evidence helps to place the rules of tort in a wider context and suggests that tactical considerations may affect the outcome...
August 13, 2018
Richards Lewis has posted to SSRN Strategies and Tactics in Litigating Personal Injury Claims: Tort Law in Action. The abstract provides: This article reveals some of the tactics which lawyers may use when conducting personal injury litigation. The research is empirically based by being drawn from structured interviews with a cross section of practitioners. This qualitative evidence helps to place the rules of tort in a wider context and suggests that tactical considerations may affect the outcome...
Why Most of Us Fail to Grasp Coming Exponential Gains in AI
August 12, 2018
By now, most of us are familiar with Moore’s Law, the famous maxim that the development of computing power follows an exponential curve, doubling in price-performance (that is, speed per unit cost) every 18 months or so. When it comes to applying Moore’s Law to their own business strategies, however, even visionary thinkers frequently suffer from a giant “AI blind spot.” As Moore’s Law continues to make itself felt, it’s tempting to think at this very moment we’re reaching...
August 12, 2018
By now, most of us are familiar with Moore’s Law, the famous maxim that the development of computing power follows an exponential curve, doubling in price-performance (that is, speed per unit cost) every 18 months or so. When it comes to applying Moore’s Law to their own business strategies, however, even visionary thinkers frequently suffer from a giant “AI blind spot.” As Moore’s Law continues to make itself felt, it’s tempting to think at this very moment we’re reaching...
LexNLP: Natural Language Processing and Information Extraction For Legal and Regulatory Texts
August 11, 2018
LexNLP is an open source Python package focused on natural language processing and machine learning for legal and regulatory text. The package includes functionality to (i) segment documents, (ii) identify key text such as titles and section headings, (iii) extract over eighteen types of structured information like distances and dates, (iv) extract named entities such as companies and geopolitical entities, (v) transform text into features for model training, and (vi) build unsupervised and supervised...
August 11, 2018
LexNLP is an open source Python package focused on natural language processing and machine learning for legal and regulatory text. The package includes functionality to (i) segment documents, (ii) identify key text such as titles and section headings, (iii) extract over eighteen types of structured information like distances and dates, (iv) extract named entities such as companies and geopolitical entities, (v) transform text into features for model training, and (vi) build unsupervised and supervised...
The Evolving Litigation Marketplace Demands New Ways of Doing Business
August 10, 2018
Artificial intelligence is virtually everywhere. But forget about Alexa, self-driving cars and those pesky pop-up ads that follow you around the Internet. Think litigation tools. As the legal profession adapts to changes in the marketplace, more law firms are looking for alternative ways of doing business. However, there are glimmers of hope. The number of AI products in the marketplace suited for litigation purposes, such as machine-assisted research, document review and analysis tools for trial...
August 10, 2018
Artificial intelligence is virtually everywhere. But forget about Alexa, self-driving cars and those pesky pop-up ads that follow you around the Internet. Think litigation tools. As the legal profession adapts to changes in the marketplace, more law firms are looking for alternative ways of doing business. However, there are glimmers of hope. The number of AI products in the marketplace suited for litigation purposes, such as machine-assisted research, document review and analysis tools for trial...
California Court Most Popular Destination for Trade Secret Cases: Lex Machina
August 6, 2018
The US District Court for the Central District of California was the court of choice for trade secret litigation filings between 2009 and the second quarter of 2018, according to a new report. Legal analytics company Lex Machina released its “Trade Secret Litigation Report 2018” yesterday, July 18. According to the report, 533 of 8,754 trade secret cases were filed at the Californian court between 2009 to 2018, representing 6% of all claims.
August 6, 2018
The US District Court for the Central District of California was the court of choice for trade secret litigation filings between 2009 and the second quarter of 2018, according to a new report. Legal analytics company Lex Machina released its “Trade Secret Litigation Report 2018” yesterday, July 18. According to the report, 533 of 8,754 trade secret cases were filed at the Californian court between 2009 to 2018, representing 6% of all claims.
OpenEDGAR: Open Source Software for SEC EDGAR Analysis
August 4, 2018
OpenEDGAR is an open source Python framework designed to rapidly construct research databases based on the Electronic Data...
August 4, 2018
OpenEDGAR is an open source Python framework designed to rapidly construct research databases based on the Electronic Data...
LexisNexis Launches Lexis Analytics, an Unmatched Suite of Advanced Tools Designed to Power Data-Driven Law
August 4, 2018
LexisNexis® Legal & Professional today announced the launch of Lexis Analytics, a comprehensive suite of analytics tools that leverages advanced technology, vast stores of legal content and expert curation to give lawyers a decisive competitive advantage in the business and practice of law. The suite consists of new and enhanced products fueled by smart content from Lexis Advance and the strategic acquisitions of Lex Machina, Intelligize and Ravel Law, and integrates the most powerful technologies...
August 4, 2018
LexisNexis® Legal & Professional today announced the launch of Lexis Analytics, a comprehensive suite of analytics tools that leverages advanced technology, vast stores of legal content and expert curation to give lawyers a decisive competitive advantage in the business and practice of law. The suite consists of new and enhanced products fueled by smart content from Lexis Advance and the strategic acquisitions of Lex Machina, Intelligize and Ravel Law, and integrates the most powerful technologies...
The Rationale for Motions in the Design of Adjudication
August 3, 2018
The conduct of adjudication is often influenced by motions––requests made by litigants to modify the course of adjudication. The question studied in this article is why adjudication should be designed so as to permit the use of motions. The answer developed is that litigants will naturally know a great deal about their specific matter, whereas a court will ordinarily know little except to the degree that the court has already invested effort to appreciate it. By giving litigants the right to bring...
August 3, 2018
The conduct of adjudication is often influenced by motions––requests made by litigants to modify the course of adjudication. The question studied in this article is why adjudication should be designed so as to permit the use of motions. The answer developed is that litigants will naturally know a great deal about their specific matter, whereas a court will ordinarily know little except to the degree that the court has already invested effort to appreciate it. By giving litigants the right to bring...
Moneyball for Arbitrators
July 31, 2018
In Moneyball, Lewis quips that “baseball scouting was at roughly the same stage of development in the twenty-first century as professional medicine had been in the eighteenth.” The same could be said of modern international arbitrator selection. Much like the “fraternity of old scouts” who use their gut instincts to identify future baseball players, parties and attorneys select international arbitrators based on intuition, and supplement that intuition with ad hoc, person-to-person research,...
July 31, 2018
In Moneyball, Lewis quips that “baseball scouting was at roughly the same stage of development in the twenty-first century as professional medicine had been in the eighteenth.” The same could be said of modern international arbitrator selection. Much like the “fraternity of old scouts” who use their gut instincts to identify future baseball players, parties and attorneys select international arbitrators based on intuition, and supplement that intuition with ad hoc, person-to-person research,...
Estimating Risk Preferences in the Field
July 29, 2018
We survey the literature on estimating risk preferences using field data. We concentrate our attention on studies in which risk preferences are the focal object and estimating their structure is the core enterprise. We review a number of models of risk preferences — including both expected utility (EU) theory and non-EU models — that have been estimated using field data, and we highlight issues related to identification and estimation of such models using field data. We then survey the literature,...
July 29, 2018
We survey the literature on estimating risk preferences using field data. We concentrate our attention on studies in which risk preferences are the focal object and estimating their structure is the core enterprise. We review a number of models of risk preferences — including both expected utility (EU) theory and non-EU models — that have been estimated using field data, and we highlight issues related to identification and estimation of such models using field data. We then survey the literature,...
