Menu
Data
Rachlinski & Wistrich on Empirical Investigation of Judicial Impartiality
November 28, 2017
Jeffrey J. Rachlinski and Andrew J. Wistrich (Cornell Law School and California Central District Court) have posted Judging...
November 28, 2017
Jeffrey J. Rachlinski and Andrew J. Wistrich (Cornell Law School and California Central District Court) have posted Judging...
Artificial Intelligence’s Winners and Losers
November 25, 2017
People, get ready. “We’ve crossed a critical threshold,” says Ken Sena, a Wells Fargo analyst focused on A.I. Artificial intelligence now has the programming strategies, processor power, and abundant data to transform many industries. Sena got Wells Fargo to build a machine learning system called Aiera to assist in his equity research. A superhuman Go program has been one of A.I.’s grand challenges, so DeepMind chose the ancient Chinese game as a test for its “neural network” software,...
November 25, 2017
People, get ready. “We’ve crossed a critical threshold,” says Ken Sena, a Wells Fargo analyst focused on A.I. Artificial intelligence now has the programming strategies, processor power, and abundant data to transform many industries. Sena got Wells Fargo to build a machine learning system called Aiera to assist in his equity research. A superhuman Go program has been one of A.I.’s grand challenges, so DeepMind chose the ancient Chinese game as a test for its “neural network” software,...
Legal AI Co. ROSS Appoints AI Guru Randy Goebel As Advisor
November 22, 2017
Legal AI research company, ROSS Intelligence, has appointed AI pioneer and leading academic, Randy Goebel (pictured above) as an advisor. Goebel is currently Professor in the Department of Computing Science at the University of Alberta; a founder and researcher with the Alberta Machine Intelligence Institute; and is involved with the development of the University of Alberta Google Deepmind relationship, the group behind AlphaGo.
November 22, 2017
Legal AI research company, ROSS Intelligence, has appointed AI pioneer and leading academic, Randy Goebel (pictured above) as an advisor. Goebel is currently Professor in the Department of Computing Science at the University of Alberta; a founder and researcher with the Alberta Machine Intelligence Institute; and is involved with the development of the University of Alberta Google Deepmind relationship, the group behind AlphaGo.
Lex Machina Adds Analytics for Product Liability Litigation
November 20, 2017
As it continues to expand its legal analytics into new practice areas, Lex Machina is today announcing the addition of analytics...
November 20, 2017
As it continues to expand its legal analytics into new practice areas, Lex Machina is today announcing the addition of analytics...
EY’s AI Strategy And What It Means For Professional Services Firms
November 19, 2017
Their AI system reads the documents, compares the data gathered on past projects for various items and quickly calculates the overall position. ‘We’re taking a 15 hour project for one of our staff down to about three seconds,’ says Gaskell. Naturally, this three second work time is only possible because plenty of time has been spent beforehand training the system and getting the entire workflow and data flow right.
November 19, 2017
Their AI system reads the documents, compares the data gathered on past projects for various items and quickly calculates the overall position. ‘We’re taking a 15 hour project for one of our staff down to about three seconds,’ says Gaskell. Naturally, this three second work time is only possible because plenty of time has been spent beforehand training the system and getting the entire workflow and data flow right.
Researcher Creates AI Compares Multiple Cases, Use Legal Reasoning to Pass Bar Exam
November 18, 2017
A world where artificial intelligence (AI) is used in courtrooms to rule on cases and in law firms to predict trial outcomes may seem like a science fiction novel to most, but work done by a researcher in Edmonton may be turning that fiction into a reality. Randy Goebel, a professor of computing science at the University of Alberta, has been developing a computer program that has legal reasoning skills and is able to pass the Japanese bar exam. Goebel, who specializes in AI, was working at the University...
November 18, 2017
A world where artificial intelligence (AI) is used in courtrooms to rule on cases and in law firms to predict trial outcomes may seem like a science fiction novel to most, but work done by a researcher in Edmonton may be turning that fiction into a reality. Randy Goebel, a professor of computing science at the University of Alberta, has been developing a computer program that has legal reasoning skills and is able to pass the Japanese bar exam. Goebel, who specializes in AI, was working at the University...
An Empirical Study of Parallel Derivative Suits
November 13, 2017
Using a sample of all companies named as defendants in securities class actions between July 1, 2005 and December 31, 2008, we study parallel suits relying on state corporate law arising out of the same allegations as the securities class actions. We test several ways that parallel suits may add value to a securities class action. Most parallel suits target cases involving obvious indicia of wrongdoing. Moreover, we find that although a modest percentage of parallel suits are filed first, over 80 percent...
November 13, 2017
Using a sample of all companies named as defendants in securities class actions between July 1, 2005 and December 31, 2008, we study parallel suits relying on state corporate law arising out of the same allegations as the securities class actions. We test several ways that parallel suits may add value to a securities class action. Most parallel suits target cases involving obvious indicia of wrongdoing. Moreover, we find that although a modest percentage of parallel suits are filed first, over 80 percent...
Trinity University’s Business Analytics and Technology Program Surging to Match World’s “Data Science” Boom
November 12, 2017
The terms “data science” or “analytics,” in a basic sense, describe the process of obtaining actionable insights...
November 12, 2017
The terms “data science” or “analytics,” in a basic sense, describe the process of obtaining actionable insights...
Choice Architecture Versus Price: Comparing the Effects of Changes in the U.S. Student Loan Market
November 12, 2017
We show that changes in choice architecture have a large effect on student loan decisions while we do not find significant effects of sizeable interest rate changes. We evaluate the effect of two polices implemented in 2010 by the U.S. Department of Education: (1) the requirement that all applicants for private student loans fill out a Self-Certification Form, which includes various disclosures about federal student aid, and (2) the prohibition of presenting a private student loan as a default option...
November 12, 2017
We show that changes in choice architecture have a large effect on student loan decisions while we do not find significant effects of sizeable interest rate changes. We evaluate the effect of two polices implemented in 2010 by the U.S. Department of Education: (1) the requirement that all applicants for private student loans fill out a Self-Certification Form, which includes various disclosures about federal student aid, and (2) the prohibition of presenting a private student loan as a default option...
Key Takeaways as Lawyers Hear Business Case for Artificial Intelligence
November 8, 2017
For some lawyers, artificial intelligence boils down to fears that robots will take over their jobs. But AI offers opportunities for firms that are proactive about incorporating the technology into the services they offer clients. And those who ignore it risk getting outpaced by the competition. That was the message of the College of Law Practice Management’s conference this year on the future of law. About 125 lawyers and legal operations professionals converged on Atlanta for the annual...
November 8, 2017
For some lawyers, artificial intelligence boils down to fears that robots will take over their jobs. But AI offers opportunities for firms that are proactive about incorporating the technology into the services they offer clients. And those who ignore it risk getting outpaced by the competition. That was the message of the College of Law Practice Management’s conference this year on the future of law. About 125 lawyers and legal operations professionals converged on Atlanta for the annual...
