The artificial-intelligence-driven legal research service ROSS Intelligence today announced an $8.7 million Series A funding round, adding to its earlier $4.3 million seed round.
The two-year-old company will use the funding to accelerate its growth, expand its product lines, increase its capacity, and attract world-class talent to its workforce, CEO Andrew Arruda told me.
This latest round was led by iNovia Capital with participation by Comcast Ventures Catalyst Fund, Y Combinator Continuity...
Corporate counsel generally consider themselves to be open to using new technologies in their legal departments, except when it comes to artificial intelligence technology. When it comes to AI, corporate counsel are largely uninterested or uninformed.
These are among the findings of a just-published survey conducted by Thomson Reuters, Ready or Not: Artificial Intelligence and Corporate Legal Departments. The survey polled 207 in-house counsel about their current perceptions regarding the use of AI in corporate...
“I think that a lot of it is AI is the shiny new toy, so everybody’s is focused on it. There’s lot of sensationalism. Most people don’t even know what AI is, much less what it can do,” said Cohen, who is also a fellow at Northwestern University’s Pritzker School of Law and has worked as a civil trial lawyer and managing partner at Finley Kumble. “I don’t think AI is going to replace lawyers wholesale. Will it perform certain high volume, relatively low value functions that lawyers...
Indicating that this case presented “the question of how parties should search and produce [ESI] in response to discovery requests,” the Court reminded the parties that “[t]he best solution in the entire area of electronic discovery is cooperation among counsel” and that “[c]ooperation prevents lawyers designing keyword searches ‘in the dark, by the seat of the pants,’ without adequate discussion with each other to determine which words would yield the most responsive results.” In the present...
We dedicate this issue of the Negotiation Journal to the accomplishments, wisdom, sprit, and memory of Howard Raiffa. It has been curated by guest editors James Sebenius and Max Bazerman, who have assembled an exceptional collection of reflections, commentaries, and testimonials – instructive as well as appreciative.
Howard Raiffa was among the founding architects of decision science, game theory, and negotiation analysis as fields, as well as one of the founders of the Program on Negotiation...
“GIVING THE PEOPLE WHAT THEY WANT: MEDIATING IN AN ON-LINE, BIG DATA, ARTIFICIAL INTELLIGENCE WORLD”
Karl Bayer, IAM Distinguished Fellow, Austin, TX
Brian Kuhn, IBM Watson Legal Team
Colin Rule, Tyler Technologies
Don Philbin, IAM Distinguished Fellow, San Antonio, TX
Decisional errors are costly. Drawing on law, behavioral economics, psychology, and historical data, including a one-of-a-kind offer pattern database, we will explore ways to reduce impasse. We’ll graph specific negotiations and watch as the parties fall into predictable patterns – including the cognitive biases that make negotiations interesting. That data will provide the grist for group discussion and forming tools mediators can use to reduce impasse immediately.
SABA Brown...
The recovery from the crisis of 2008 has been one of the weakest on record, but never in postwar history has so little growth created so many jobs. The unemployment rate in the developed world is down to 5.5 percent and approaching a 40-year low. This flies in the face of all the dire warnings about a “jobless future.”
The pessimist’s basic mistake is to focus too much on what is lost to competition and technology, and too little on what is gained. Over the past 25 years, as McKinsey...
Silicon Valley celebrates artificial intelligence and robotics as fields that have the power to improve people’s lives, through inventions like driverless cars and robot carers for the elderly.
That message isn’t getting through to the rest of the country, where more than 70% of Americans express wariness or concern about a world where machines perform many of the tasks done by humans, according to Pew Research.
A slim majority of Americans (54%) express more worry than enthusiasm...
After years of ‘Moneyball’-style quantitative analysis, major-league teams are setting records for inactivity
The use of analytics, which has increased dramatically since the early 2000s, is one of baseball’s most acclaimed developments. Team front offices, once the domain of ex-players, are more commonly staffed with Ivy League graduates. Data science has become an integral part of many teams’ decision-making. Top executives have landed seats on corporate boards and given paid speeches...