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Predictive Analytics
Startup Lab’s Leader Has 3 Lessons for Legal Innovators
March 31, 2014
Klau shared three important lessons he has learned during his time in Silicon Valley, and told conference goers that they could easily be applied to the legal industry. First, Klau emphasized the importance of using data to make decisions and argued that facts and figures were exponentially more important than gut feelings and informed opinions. [Good news for Picture It Settled] Klau, who worked on then-U.S. Sen. Barack Obama’s presidential campaign in 2008, mentioned how the campaign relied on data...
March 31, 2014
Klau shared three important lessons he has learned during his time in Silicon Valley, and told conference goers that they could easily be applied to the legal industry. First, Klau emphasized the importance of using data to make decisions and argued that facts and figures were exponentially more important than gut feelings and informed opinions. [Good news for Picture It Settled] Klau, who worked on then-U.S. Sen. Barack Obama’s presidential campaign in 2008, mentioned how the campaign relied on data...
Billing Survey Shows Rates Ticking Up as Demand Dips
March 30, 2014
Corporate clients purchased fewer hours from law firms in 2013 than they did the year before, even as they paid more for what they bought. Hours were off by 1.3 percent, while fees were up by 1.6 percent. The revenue gain was powered by a 5 percent year-over-year increase in collections during the fourth quarter of 2013. These are among the most telling results of the latest LegalView Legal Market Index, which is produced by TyMetrix, the giant electronic billing clearinghouse and data analytics...
March 30, 2014
Corporate clients purchased fewer hours from law firms in 2013 than they did the year before, even as they paid more for what they bought. Hours were off by 1.3 percent, while fees were up by 1.6 percent. The revenue gain was powered by a 5 percent year-over-year increase in collections during the fourth quarter of 2013. These are among the most telling results of the latest LegalView Legal Market Index, which is produced by TyMetrix, the giant electronic billing clearinghouse and data analytics...
Jury Orders Google Must Pay $85 Million in Patent Infringement Claim
March 28, 2014
It was an expensive day—perhaps even an expensive week—for Google Inc. last Thursday. A federal jury decided that the search engine giant owes $85 million in damages to SimpleAir for infringing on their patent, according to a recent statement. The trial and the separate damage ruling were both presided over by Judge Rodney Gilstrap for the U.S. District Court for the Eastern District of Texas. “The jury understood that Google profits tremendously from its infringing use of our invention...
March 28, 2014
It was an expensive day—perhaps even an expensive week—for Google Inc. last Thursday. A federal jury decided that the search engine giant owes $85 million in damages to SimpleAir for infringing on their patent, according to a recent statement. The trial and the separate damage ruling were both presided over by Judge Rodney Gilstrap for the U.S. District Court for the Eastern District of Texas. “The jury understood that Google profits tremendously from its infringing use of our invention...
The Time I Became a Google Apps Referral Partner
March 23, 2014
One of Google’s newest pushes to bring everyone into to “the fold,” is to set up a MLM-like scheme where Apps users harass their friends and family until the acquiesce to join Google Apps. Almost. Actually, what Google’s doing is offering a referral partnerships for current Google Apps users, with the hope they’ll refer their friends, family, and colleagues over to the awesome Google Apps for Business ecosystem. Thus, if you’re thinking about Google Apps (and why shouldn’t...
March 23, 2014
One of Google’s newest pushes to bring everyone into to “the fold,” is to set up a MLM-like scheme where Apps users harass their friends and family until the acquiesce to join Google Apps. Almost. Actually, what Google’s doing is offering a referral partnerships for current Google Apps users, with the hope they’ll refer their friends, family, and colleagues over to the awesome Google Apps for Business ecosystem. Thus, if you’re thinking about Google Apps (and why shouldn’t...
Beta Summit Finalists [Picture It Settled] Set for April 2 event
March 20, 2014
InnoTech San Antonio, one of the region’s largest business technology events, will return to the Henry B. Gonzalez Convention Center on April 2, 2014. One of the premier events of Innotech is the Beta Summit, in which a select number of local tech start-up companies are given an opportunity to make a presentation before a panel of judges made up of members of the local investment community. * * * Picture It Settled: Behavioral software for negotiating legal settlements. It helps to make...
March 20, 2014
InnoTech San Antonio, one of the region’s largest business technology events, will return to the Henry B. Gonzalez Convention Center on April 2, 2014. One of the premier events of Innotech is the Beta Summit, in which a select number of local tech start-up companies are given an opportunity to make a presentation before a panel of judges made up of members of the local investment community. * * * Picture It Settled: Behavioral software for negotiating legal settlements. It helps to make...
ESPN: Enough Already With Win Probabilities
March 16, 2014
Watching ESPN’s college basketball coverage this season has made me feel like I’m back in high school algebra class with all its mind-numbing probabilities of victory. Look, I get it. We’re in the Golden Age of statistics in sports. It was started by baseball’s Sabermetrics and now intense statistical analysis has spread to football and basketball as well. And with the recent hiring of Nate Silver of The New York Times, ESPN is going to focus even more on analytics. I certainly don’t...
March 16, 2014
Watching ESPN’s college basketball coverage this season has made me feel like I’m back in high school algebra class with all its mind-numbing probabilities of victory. Look, I get it. We’re in the Golden Age of statistics in sports. It was started by baseball’s Sabermetrics and now intense statistical analysis has spread to football and basketball as well. And with the recent hiring of Nate Silver of The New York Times, ESPN is going to focus even more on analytics. I certainly don’t...
Can Big Data Help Nate Silver Reinvent Journalism? #SXSW
March 16, 2014
Big Data Rock Star For those who don’t know, Nate Silver is is quite possibly the Andy Warhol that big data has been looking for. Silver emerged from obscurity when he created the Player Empirical Comparison and Optimization Test Algorithm (PECOTA), which is used for evaluating and forecasting the development of baseball players. He later sold it to Baseball Prospectus. Not satisfied with a sports exclusive lens, Silver set his sights on politics and proceeded to rewrite the rules of the narrative...
March 16, 2014
Big Data Rock Star For those who don’t know, Nate Silver is is quite possibly the Andy Warhol that big data has been looking for. Silver emerged from obscurity when he created the Player Empirical Comparison and Optimization Test Algorithm (PECOTA), which is used for evaluating and forecasting the development of baseball players. He later sold it to Baseball Prospectus. Not satisfied with a sports exclusive lens, Silver set his sights on politics and proceeded to rewrite the rules of the narrative...
Predictive Coding Is So Yesterday
March 15, 2014
Computational linguistics and data mining are among the tools that will drive e-discovery in coming years. * * * The Future of Predictive Coding Technology-assisted review tools of the future will analyze ESI using computational linguistics without any user input to analyze ESI content, far beyond keywords, key phrases, or training sets of ESI documents subject to human error. Content analysis will allow powerful categorization of ESI based on data mining and language translation techniques. Once...
March 15, 2014
Computational linguistics and data mining are among the tools that will drive e-discovery in coming years. * * * The Future of Predictive Coding Technology-assisted review tools of the future will analyze ESI using computational linguistics without any user input to analyze ESI content, far beyond keywords, key phrases, or training sets of ESI documents subject to human error. Content analysis will allow powerful categorization of ESI based on data mining and language translation techniques. Once...
Lex Machina at LegalTech New York
March 12, 2014
At LegalTech, one of the more interesting panels featured Dan Katz of ReInvent Law and Josh Becker of Lex Machina. I tweeted...
March 12, 2014
At LegalTech, one of the more interesting panels featured Dan Katz of ReInvent Law and Josh Becker of Lex Machina. I tweeted...
UW Law Library’s List of Android Applications for Lawyers, Law Faculty and Law Students
March 11, 2014
Law librarians, and particularly Kris Turner, at the University of Wisconsin were hard at work compiling a new guide to Android. I’m...
March 11, 2014
Law librarians, and particularly Kris Turner, at the University of Wisconsin were hard at work compiling a new guide to Android. I’m...
