Menu
Predictive Analytics
ILTA Survey: The AI Results
September 17, 2016
The International Legal Technology Association (ILTA) recently published its ‘Technology Purchasing Survey’ during its marquee annual event in Maryland, USA, giving significant space to AI in the results for the first time. The first finding of the report regarding artificial intelligence (AI) software is that 3% of responding members said they had made legal AI software ‘purchases’ in the last 12 months and 6% intended to do so in the following 12 months, or 9% over a 24 month...
September 17, 2016
The International Legal Technology Association (ILTA) recently published its ‘Technology Purchasing Survey’ during its marquee annual event in Maryland, USA, giving significant space to AI in the results for the first time. The first finding of the report regarding artificial intelligence (AI) software is that 3% of responding members said they had made legal AI software ‘purchases’ in the last 12 months and 6% intended to do so in the following 12 months, or 9% over a 24 month...
Was Susskind Right? 3 Keys to Understanding the Direction of Legal Tech at ILTA
September 1, 2016
Where legal tech is, should be, and may be going, as discussed by those at the vanguard. Artificial intelligence (AI) in law is arguably the hottest topic in legal tech, but balancing the hype and actual power of the technology calls for taking information with a grain of salt. Embracing a refreshing sense of humor, the ILTA session “Grading Susskind: The State of Legal 20 Years After the ‘Future of Law,’” placed spotlights on predictions made by legal tech scholar Richard Susskind,...
September 1, 2016
Where legal tech is, should be, and may be going, as discussed by those at the vanguard. Artificial intelligence (AI) in law is arguably the hottest topic in legal tech, but balancing the hype and actual power of the technology calls for taking information with a grain of salt. Embracing a refreshing sense of humor, the ILTA session “Grading Susskind: The State of Legal 20 Years After the ‘Future of Law,’” placed spotlights on predictions made by legal tech scholar Richard Susskind,...
Are Lawyers Ready for the Internet of Things?
August 28, 2016
IoT Law While this sounds wonderful or creepy, it also marks the point that lawyers must become more than tech comfortable. Product liability, personal injury, privacy, commercial, government, and other lawyers all have roles to play in the IoT story. When an Uber car hits another car, who will be responsible? Who does the personal injury lawyer file suit against? What are the standards? Was too little or too much information shared? Was there a breach of contract somewhere? What regulations were...
August 28, 2016
IoT Law While this sounds wonderful or creepy, it also marks the point that lawyers must become more than tech comfortable. Product liability, personal injury, privacy, commercial, government, and other lawyers all have roles to play in the IoT story. When an Uber car hits another car, who will be responsible? Who does the personal injury lawyer file suit against? What are the standards? Was too little or too much information shared? Was there a breach of contract somewhere? What regulations were...
Why is Now the Time for Artificial Intelligence?
August 27, 2016
Image Credit: Shutterstock Artificial intelligence, or A.I., has been around since the start of computing and has had many false starts. The reality did not live up to the expectations set by science fiction. Accordingly, for many years, the majority of people’s understanding of A.I. was confined to university laboratories, corporate skunk works, research parks, and that movie with Haley Joel Osment and Jude Law. Attempts to introduce A.I. products and services into the marketplace...
August 27, 2016
Image Credit: Shutterstock Artificial intelligence, or A.I., has been around since the start of computing and has had many false starts. The reality did not live up to the expectations set by science fiction. Accordingly, for many years, the majority of people’s understanding of A.I. was confined to university laboratories, corporate skunk works, research parks, and that movie with Haley Joel Osment and Jude Law. Attempts to introduce A.I. products and services into the marketplace...
AI Should Be Helping Lawyers Move Up The Value Chain
August 26, 2016
Michael goes on to state that “AI techniques enable lawyers to devote more of their time to more valuable (and interesting) work. Mining documents in discovery and due diligence, answering routine questions, sifting data to predict case outcomes, drafting contracts — all are faster, better, cheaper and becoming more so with the assistance of intelligent software.” That seems like a good starting point. Using these understandings and definitions, I would say that law firms embracing AI gain...
August 26, 2016
Michael goes on to state that “AI techniques enable lawyers to devote more of their time to more valuable (and interesting) work. Mining documents in discovery and due diligence, answering routine questions, sifting data to predict case outcomes, drafting contracts — all are faster, better, cheaper and becoming more so with the assistance of intelligent software.” That seems like a good starting point. Using these understandings and definitions, I would say that law firms embracing AI gain...
The Joy of Data
August 21, 2016
Ok, I stole the title of this piece from the BBC4 TV programme of the same name first broadcast on Wednesday 20 July 2016. As one of the speakers said, “the proper use of data reduces uncertainty” and that just about sums it all up. Smart people use data to get things right. Far from being the modern fashion that phrases like ‘Big Data’ might have us believe it was the Victorian statistician William Farr who got things going with his in-depth analysis of the London population census...
August 21, 2016
Ok, I stole the title of this piece from the BBC4 TV programme of the same name first broadcast on Wednesday 20 July 2016. As one of the speakers said, “the proper use of data reduces uncertainty” and that just about sums it all up. Smart people use data to get things right. Far from being the modern fashion that phrases like ‘Big Data’ might have us believe it was the Victorian statistician William Farr who got things going with his in-depth analysis of the London population census...
Can Data Be Your Litigation Edge?
August 17, 2016
Late last year, I wrote a post about legal tech trends to watch during 2016. Thank goodness my post included artificial intelligence,...
August 17, 2016
Late last year, I wrote a post about legal tech trends to watch during 2016. Thank goodness my post included artificial intelligence,...
Google is Expanding its Tests on the Way to Blanketing the US in Super-Fast Wireless Internet
August 14, 2016
A new filing with the Federal Communications Commission reveals how seriously Google is focusing on its plans for a wireless version of Fiber, its high-speed internet service. The company has been testing a new wireless-transmission technology using the 3.5-GHz band in Kansas City, but the heavily redacted FCC filing suggests that it wants to dramatically expand to testing "experimental transmitters" at up to 24 US locations, including Provo, Utah, Omaha, Nebraska, and Boulder, Colorado, for a period...
August 14, 2016
A new filing with the Federal Communications Commission reveals how seriously Google is focusing on its plans for a wireless version of Fiber, its high-speed internet service. The company has been testing a new wireless-transmission technology using the 3.5-GHz band in Kansas City, but the heavily redacted FCC filing suggests that it wants to dramatically expand to testing "experimental transmitters" at up to 24 US locations, including Provo, Utah, Omaha, Nebraska, and Boulder, Colorado, for a period...
Another AI Startup Wants to Replace Hedge Funds
August 13, 2016
Dear, Wall Street: Silicon Valley is increasingly coming for you. A machine intelligence system, dubbed Emma AI, is starting a fund that hopes to outsmart the humans and computers that make a living trading stocks. It’s part of a wave of tech startups aiming advanced machine learning at financial markets. Automation is not new to Wall Street. But Shaunak Khire, Emma’s creator, claims his system differs from current finance computing — high-frequency trading and “quant” data science — because...
August 13, 2016
Dear, Wall Street: Silicon Valley is increasingly coming for you. A machine intelligence system, dubbed Emma AI, is starting a fund that hopes to outsmart the humans and computers that make a living trading stocks. It’s part of a wave of tech startups aiming advanced machine learning at financial markets. Automation is not new to Wall Street. But Shaunak Khire, Emma’s creator, claims his system differs from current finance computing — high-frequency trading and “quant” data science — because...
IBM One Step Closer to Mimicking the Human Brain
August 12, 2016
A breakthrough in cognitive computing has enabled scientists to imitate large populations of neurons Scientists at IBM have claimed a computational breakthrough after imitating large populations of neurons for the first time. Neurons are electrically excitable cells that process and transmit information in our brains through electrical and chemical signals. These signals are passed over synapses, specialised connections with other cells. It’s this set-up that inspired scientists at IBM to try and mirror...
August 12, 2016
A breakthrough in cognitive computing has enabled scientists to imitate large populations of neurons Scientists at IBM have claimed a computational breakthrough after imitating large populations of neurons for the first time. Neurons are electrically excitable cells that process and transmit information in our brains through electrical and chemical signals. These signals are passed over synapses, specialised connections with other cells. It’s this set-up that inspired scientists at IBM to try and mirror...
