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Predictive Analytics
Can Judgment Be Taught?
November 16, 2015
Can judgment even be taught? It thrives on its own flexibility and resourcefulness in the face of ever-changing circumstances. It therefore cannot be a matter of hard-and-fast rules. What is there to teach? But neither does experience seem enough. Many seasoned litigators seem rather clueless. They never learn to make good judgments. There is the old joke about the lawyer who tells a client she should hire him because of his good judgment, and when the client asks the source of his good judgment,...
November 16, 2015
Can judgment even be taught? It thrives on its own flexibility and resourcefulness in the face of ever-changing circumstances. It therefore cannot be a matter of hard-and-fast rules. What is there to teach? But neither does experience seem enough. Many seasoned litigators seem rather clueless. They never learn to make good judgments. There is the old joke about the lawyer who tells a client she should hire him because of his good judgment, and when the client asks the source of his good judgment,...
Academic Search Engine Grasps for Meaning
November 16, 2015
A new tool for analyzing academic papers uses cutting-edge AI to find meaning in billions of words. If computers can be taught to find meaning in the thousands of research papers published each year, then perhaps they could automatically highlight important new trends or discoveries, and draw conclusions from them. The Allen Institute for Artificial Intelligence is working toward this very goal, and has developed a new tool called Semantic Scholar that can search through millions of computer...
November 16, 2015
A new tool for analyzing academic papers uses cutting-edge AI to find meaning in billions of words. If computers can be taught to find meaning in the thousands of research papers published each year, then perhaps they could automatically highlight important new trends or discoveries, and draw conclusions from them. The Allen Institute for Artificial Intelligence is working toward this very goal, and has developed a new tool called Semantic Scholar that can search through millions of computer...
How Legal Big Data Will Be Changing Insurance
November 13, 2015
All lawyers are not created equal. Some are quite simply better, whether by knowledge, skill in advocacy, connections or case...
November 13, 2015
All lawyers are not created equal. Some are quite simply better, whether by knowledge, skill in advocacy, connections or case...
Managing Conflict 4.0: The New Wave of Opportunities for Businesses Around the Globe
November 8, 2015
Straus Institute for Dispute Resolution and the Dispute Resolution Law Journal present a two-day conference dealing with...
November 8, 2015
Straus Institute for Dispute Resolution and the Dispute Resolution Law Journal present a two-day conference dealing with...
Professor Dr Robot QC
November 7, 2015
Once regarded as safe havens, the professions are now in the eye of the storm But today these islands of security are being battered as never before. Professional-services firms are becoming more business-minded: Accenture now contracts lots of work to people in the emerging world and has abandoned the partnership model to become a public company. Customers are getting fussier: big firms will no longer put up with consultancies that woo them with partners and then send in a team of juniors. But the most...
November 7, 2015
Once regarded as safe havens, the professions are now in the eye of the storm But today these islands of security are being battered as never before. Professional-services firms are becoming more business-minded: Accenture now contracts lots of work to people in the emerging world and has abandoned the partnership model to become a public company. Customers are getting fussier: big firms will no longer put up with consultancies that woo them with partners and then send in a team of juniors. But the most...
Law Firm Leaders Believe “Watson-like” AI Will Replace Some Associates
November 7, 2015
Somewhat related to the recent news that Thomson Reuters is teaming up with IBM's Watson to deliver "cognitive computing services" to clients (which presumably includes law firms), a recent survey by legal consultant Altman Weil found that 35% of law firm leaders believe it may be feasible to replace some associates with Artificial Intelligence within 5 to 10 years. The survey also found that nearly half of those queried believe AI super-computers may be able to replace paralegals within the same...
November 7, 2015
Somewhat related to the recent news that Thomson Reuters is teaming up with IBM's Watson to deliver "cognitive computing services" to clients (which presumably includes law firms), a recent survey by legal consultant Altman Weil found that 35% of law firm leaders believe it may be feasible to replace some associates with Artificial Intelligence within 5 to 10 years. The survey also found that nearly half of those queried believe AI super-computers may be able to replace paralegals within the same...
Lex Machina Releases Trio of Legal Analytics Applications
November 6, 2015
Applications target specific attorney needs and set the table for additional custom tailored tools in the future. Lex...
November 6, 2015
Applications target specific attorney needs and set the table for additional custom tailored tools in the future. Lex...
Creating Client Value by Getting the Earliest Possible Settlements
November 5, 2015
Most commercial disputes will be settled and not tried. Expert expense and internal distraction increase in direct proportion to the time spent litigating prior to settlement. Clients are asking “Why can’t the dispute be resolved earlier to reduce the process expense and business disruption?” But one party’s counsel has a limited ability to make it happen sooner. Early dispute resolution can be best obtained by using a multi-phase mediation process called “Guided Choice.” It relies...
November 5, 2015
Most commercial disputes will be settled and not tried. Expert expense and internal distraction increase in direct proportion to the time spent litigating prior to settlement. Clients are asking “Why can’t the dispute be resolved earlier to reduce the process expense and business disruption?” But one party’s counsel has a limited ability to make it happen sooner. Early dispute resolution can be best obtained by using a multi-phase mediation process called “Guided Choice.” It relies...
We’re So Predictable: Algorithm Can Predict Human Behavior Better Than Humans
November 2, 2015
You might presume, or at least hope, that humans are better at understanding fellow humans than machines are. But a new MIT study...
November 2, 2015
You might presume, or at least hope, that humans are better at understanding fellow humans than machines are. But a new MIT study...
Microsoft Co-Founder Launches $500 Million Quest to Build an Artificial Brain
November 1, 2015
Paul Allen has been waiting for the emergence of intelligent machines for a very long time. As a young boy, Allen spent much of his time in the library reading science-fiction novels in which robots manage our homes, perform surgery and fly around saving lives like superheroes. In his imagination, these beings would live among us, serving as our advisers, companions and friends. Now 62 and worth an estimated $17.7 billion, the Microsoft co-founder is using his wealth to back two separate philanthropic...
November 1, 2015
Paul Allen has been waiting for the emergence of intelligent machines for a very long time. As a young boy, Allen spent much of his time in the library reading science-fiction novels in which robots manage our homes, perform surgery and fly around saving lives like superheroes. In his imagination, these beings would live among us, serving as our advisers, companions and friends. Now 62 and worth an estimated $17.7 billion, the Microsoft co-founder is using his wealth to back two separate philanthropic...
