Menu
Predictive Analytics
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...
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...
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...
AI Legal Research Platform ROSS Gets $8.7M Series A Funding
November 5, 2017
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...
November 5, 2017
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...
Survey: Corporate Counsel Largely Uninterested or Uninformed about AI Technology
November 4, 2017
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...
November 4, 2017
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...
Susskind’s AI Bet: Too Far or Not Far Enough?
November 4, 2017
“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...
November 4, 2017
“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...
Negotiation Journal Issue Dedicated to Howard Raiffa
November 2, 2017
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...
November 2, 2017
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 Online, Big Data, Artificial Intelligence World
November 1, 2017
“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
November 1, 2017
“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
