Menu
Predictive Analytics
High-Tech Legal Startup Considered for Incentives After Austin-to-SA Move
August 8, 2016
Easy Expunctions uses a patented method to file requests to expunge criminal record on behalf of clients for less than a traditional...
August 8, 2016
Easy Expunctions uses a patented method to file requests to expunge criminal record on behalf of clients for less than a traditional...
IBM to Partner With McMillan Law Firm for Analytics Platform
August 6, 2016
As law firms start to see the benefits of integrating analytics into business practices, McMillan and IBM look to collaborate on ways to expand analytics into the legal marketplace. Canadian law firm McMillan announced today a new partnership with IBM to develop an analytic insights platform for the firm to review internal data about cost and resource management. The platform will use fundamental structures drawn from IBM's statistical package SPSS, which allows manipulation and analysis of data,...
August 6, 2016
As law firms start to see the benefits of integrating analytics into business practices, McMillan and IBM look to collaborate on ways to expand analytics into the legal marketplace. Canadian law firm McMillan announced today a new partnership with IBM to develop an analytic insights platform for the firm to review internal data about cost and resource management. The platform will use fundamental structures drawn from IBM's statistical package SPSS, which allows manipulation and analysis of data,...
Artificial Intelligence Has Found a Home in Contract Management
August 5, 2016
As machine learning and artificial intelligence find traction within legal tech, they've found a fairly natural home in contract management work. In many ways, contracts provide perfect fodder for innovation and expansion of artificial intelligence (AI) into the legal world. Contracts are often mechanical, highly organized and filled with boilerplate language. They can also be exceedingly long and unwieldy, taking huge amounts of time and resources for attorneys to parse the content of a contract...
August 5, 2016
As machine learning and artificial intelligence find traction within legal tech, they've found a fairly natural home in contract management work. In many ways, contracts provide perfect fodder for innovation and expansion of artificial intelligence (AI) into the legal world. Contracts are often mechanical, highly organized and filled with boilerplate language. They can also be exceedingly long and unwieldy, taking huge amounts of time and resources for attorneys to parse the content of a contract...
Mark Cohen: Law Firms Have Entered a New Collaborative Era
August 4, 2016
While there have been many examples recently of large law firms working in collaboration with other businesses to provide legal tech and process capability, Cohen says this is merely part of a far wider trend that is reshaping the legal market. Recent examples of tech-led collaboration include: Allen & Overy and Deloitte, working together on analysis of OTC derivative contracts. Ashurst and Axiom, also working together on derivative contract analysis. Deloitte and Kira Systems,...
August 4, 2016
While there have been many examples recently of large law firms working in collaboration with other businesses to provide legal tech and process capability, Cohen says this is merely part of a far wider trend that is reshaping the legal market. Recent examples of tech-led collaboration include: Allen & Overy and Deloitte, working together on analysis of OTC derivative contracts. Ashurst and Axiom, also working together on derivative contract analysis. Deloitte and Kira Systems,...
Quarter of UK Top 25 Law Firms May Already Be Using AI, Survey Finds
August 2, 2016
A report by business risk insurer, Travelers, has found that 23% of the Top 25 UK-based law firms it surveyed are already making use of applied AI systems. If extrapolated across all the leading 25 firms by revenue in the UK this data would equate to around six law firms, (see Table A). Based on currently announced deals between law firms and AI providers, such as RAVN, Kira Systems, Neota Logic and LEVERTON this would appear to be highly likely, given that not all UK law firms using AI, whether...
August 2, 2016
A report by business risk insurer, Travelers, has found that 23% of the Top 25 UK-based law firms it surveyed are already making use of applied AI systems. If extrapolated across all the leading 25 firms by revenue in the UK this data would equate to around six law firms, (see Table A). Based on currently announced deals between law firms and AI providers, such as RAVN, Kira Systems, Neota Logic and LEVERTON this would appear to be highly likely, given that not all UK law firms using AI, whether...
AL Interview: Software is Eating Law – Legalese.com
August 1, 2016
Legalese co-founder Meng Weng Wong said in a recent video presentation that: ‘Law today is where software was 20 years ago.’ Can you expand on that idea? Who are the lost tribe of programmers? Lawyers! If you look across the professions, the one most similar to software is legal. The stuff of medicine is health and disease; the stuff of architecture is space and form; law is actors, obligations, prohibitions, consequences, time, rules. These flows of control and consequence are the province...
August 1, 2016
Legalese co-founder Meng Weng Wong said in a recent video presentation that: ‘Law today is where software was 20 years ago.’ Can you expand on that idea? Who are the lost tribe of programmers? Lawyers! If you look across the professions, the one most similar to software is legal. The stuff of medicine is health and disease; the stuff of architecture is space and form; law is actors, obligations, prohibitions, consequences, time, rules. These flows of control and consequence are the province...
IBM’s Watson AI Saved a Woman from Leukemia
August 1, 2016
It discovered a rare illness that doctors had missed. IBM's Watson has done everything from winning at Jeopardy to cooking exotic meals, but it appears to have accomplished its greatest feat yet: saving a life. University of Tokyo doctors report that the artificial intelligence diagnosed a 60-year-old woman's rare form of leukemia that had been incorrectly identified months earlier. The analytical machine took just 10 minutes to compare the patient's genetic changes with a database of 20 million...
August 1, 2016
It discovered a rare illness that doctors had missed. IBM's Watson has done everything from winning at Jeopardy to cooking exotic meals, but it appears to have accomplished its greatest feat yet: saving a life. University of Tokyo doctors report that the artificial intelligence diagnosed a 60-year-old woman's rare form of leukemia that had been incorrectly identified months earlier. The analytical machine took just 10 minutes to compare the patient's genetic changes with a database of 20 million...
Dentons and RAVN Team Up For Brexit Risk Analysis Project
July 31, 2016
Global law firm Dentons has teamed up with applied AI developer RAVN Systems to examine contracts that could be affected by Britain’s exit from the EU and its legal and regulatory umbrella. The project has been undertaken via Dentons’ technology development company, Nextlaw Labs. In a joint statement Dentons and RAVN said: ‘The technology automatically reviews high volumes of contract documentation to identify provisions that could potentially be impacted by the UK’s secession from...
July 31, 2016
Global law firm Dentons has teamed up with applied AI developer RAVN Systems to examine contracts that could be affected by Britain’s exit from the EU and its legal and regulatory umbrella. The project has been undertaken via Dentons’ technology development company, Nextlaw Labs. In a joint statement Dentons and RAVN said: ‘The technology automatically reviews high volumes of contract documentation to identify provisions that could potentially be impacted by the UK’s secession from...
Minecraft Is a Testing Ground for Human-AI Collaboration
July 30, 2016
Microsoft turns the popular game into an “AI Olympics.” The blockish and slightly dorky computer game Minecraft may turn out to be a great place for humans and AI to learn how to work together. An experimental new version of the game, released by Microsoft researchers this month, can be used to train an AI to perform all sorts of tasks, from crossing bridges to building complex objects. The new platform, called Project Malmo, makes it possible for a learning algorithm to control a Minecraft...
July 30, 2016
Microsoft turns the popular game into an “AI Olympics.” The blockish and slightly dorky computer game Minecraft may turn out to be a great place for humans and AI to learn how to work together. An experimental new version of the game, released by Microsoft researchers this month, can be used to train an AI to perform all sorts of tasks, from crossing bridges to building complex objects. The new platform, called Project Malmo, makes it possible for a learning algorithm to control a Minecraft...
But What About Lawyers? A Q&A With Richard Susskind on AI in Law
July 30, 2016
Scholar and lecturer Susskind predicts that artificial intelligence in law will take off in the 2020s. Among those curious about the technology’s impact on the profession is Richard Susskind, a scholar and lecturer whose work includes “The End of Lawyers?: Rethinking the Nature of Legal Services.’” In his view, AI “really takes off” in the 2020s, and until then won’t go mainstream. And while he finds it funny that lawyers think “AI is on the way” for them in the next few years,...
July 30, 2016
Scholar and lecturer Susskind predicts that artificial intelligence in law will take off in the 2020s. Among those curious about the technology’s impact on the profession is Richard Susskind, a scholar and lecturer whose work includes “The End of Lawyers?: Rethinking the Nature of Legal Services.’” In his view, AI “really takes off” in the 2020s, and until then won’t go mainstream. And while he finds it funny that lawyers think “AI is on the way” for them in the next few years,...
