For the third time in the last several decades, policymakers are contemplating an overhaul of mortgage‐finance regulations. Despite the considerable attention paid to how ex ante regulations affect the availability of credit and the appropriateness of the mortgage products that lenders offer, however, our understanding of how the legal framework governing foreclosures—a form of ex post borrower protection—affects mortgage lending is incomplete. Leveraging data on loan applicants that are geographically...
When last we wrote about judicial analytics company Gavelytics on March 13, it was announcing a $3.2 million funding round to support development of new features and expansion into additional jurisdictions. Today, the first two of these new features roll out — a rulings database and an arbitrator archive.
With today’s enhancements, Gavelytics adds two features:
Trial court rulings. This databases includes thousands of Los Angeles trial court orders dating back to 2000....
Abstract: Over the years, computation has become a fundamental part of the scientific practice in several research fields that goes far beyond the boundaries of natural sciences. Data mining, machine learning, simulations and other computational methods lie today at the hearth of the scientific endeavour in a growing number of social research areas from anthropology to economics. In this scenario, an increasingly important role is played by analytical platforms: integrated environments allowing researchers...
Burford Capital — the largest litigation finance firm by assets under management — has hired two new managing directors focused on deal sourcing and marketing, the firm announced Monday.
David Perla and Greg McPolin began at the New York City-based Burford Capital on Monday. Both previously worked at Pangea3, a legal process outsourcer that Perla founded in 2004. At Burford, he has been tasked with overseeing deal origination and marketing globally.
Litigation finance, a fairly young investment...
Eyal Zamir (Hebrew University of Jerusalem - Faculty of Law) has posted Reinforcing Law and Economics: Behavioral Support for the Predictions of Standard Economic Analysis on SSRN. Here is the abstract:
Economic analysis has had a powerful influence on legal theory and policymaking. Based on the premise that people are rational maximizers of their own utility, economic analysis has a fairly successful record in correctly predicting human behavior in all spheres of life. This success is puzzling,...
There's an interesting article by Professor Brian Sheppard (Seton Hall) in the March issue of Thomson Reuters' Practice Innovations newsletter that discusses the phenomenon of "skill fade" which occurs when workplace technologies replace human decision-making. By way of example, Professor Sheppard notes that several studies have shown that the use of autopilot technology for commercial flights can lead to a decline in pilot skill. Professor Sheppard then hypothesizes about whether the same could...
This then, is the first move – preparation.
Whenever I observe my mentor and friend, Associate Professor Joel Lee, teach or train mediation at the National University of Singapore, or in his capacity as an Affiliate Partner with CMPartners, I will always remember his emphasis on preparation. Good preparation is about knowing one’s strengths and weaknesses; where likely points of conflict will arise and how we plan ahead what moves we will make to deal with them.
The second move is framing.
It...