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Predictive Analytics
What About Watson? Cognitive Technology in the Law Office of the Future
September 13, 2015
IBM’s Watson may have won Jeopardy in 2011, but artificial intelligence has taken a bit longer to catch on in the legal world. IBM, however, believes that Watson and similar technologies can revolutionize the legal industry. Kyla Moran, a member of the IBM Watson Group, talked with Ginevra Saylor, national director of knowledge management at Dentons Canada, at ILTACON 2015 about how cognitive technology will drive transformation of society as we know it. Moran told the full room at Caesar’s...
September 13, 2015
IBM’s Watson may have won Jeopardy in 2011, but artificial intelligence has taken a bit longer to catch on in the legal world. IBM, however, believes that Watson and similar technologies can revolutionize the legal industry. Kyla Moran, a member of the IBM Watson Group, talked with Ginevra Saylor, national director of knowledge management at Dentons Canada, at ILTACON 2015 about how cognitive technology will drive transformation of society as we know it. Moran told the full room at Caesar’s...
Riverview Law Acquires CliXLEX To Advance Use of AI in Legal Market
September 12, 2015
Riverview Law has acquired New Jersey-based knowledge automation business CliXLEX in what is described as a “multi-million £pound deal” as its plans to develop the use of Artificial Intelligence (AI) in the legal market gather pace. The deal is a major step towards the creation of ‘virtual assistants’ that will improve the quality and speed of lawyers’ and paralegal work while freeing them to focus on key tactical and strategic matters. It follows the partnership Riverview Law entered...
September 12, 2015
Riverview Law has acquired New Jersey-based knowledge automation business CliXLEX in what is described as a “multi-million £pound deal” as its plans to develop the use of Artificial Intelligence (AI) in the legal market gather pace. The deal is a major step towards the creation of ‘virtual assistants’ that will improve the quality and speed of lawyers’ and paralegal work while freeing them to focus on key tactical and strategic matters. It follows the partnership Riverview Law entered...
Automation in the Newsroom
September 12, 2015
Years of experience, industry standards, and the AP’s own stylebook all help Patterson and her business desk colleagues...
September 12, 2015
Years of experience, industry standards, and the AP’s own stylebook all help Patterson and her business desk colleagues...
Effects of Judicial Decisions on Securities Markets
September 10, 2015
Daniel Martin Katz, Michael James Bommarito II, Tyler Soellinger, and James Ming Chen (Illinois Tech - Chicago Kent College of Law , Bommarito Consulting, LLC , Michigan State University - College of Law and Michigan State University - College of Law) have posted Law on the Market? Evaluating the Securities Market Impact of Supreme Court Decisions on SSRN. Here is the abstract: Do judicial decisions affect the securities markets in discernible and perhaps predictable ways? In other words, is there...
September 10, 2015
Daniel Martin Katz, Michael James Bommarito II, Tyler Soellinger, and James Ming Chen (Illinois Tech - Chicago Kent College of Law , Bommarito Consulting, LLC , Michigan State University - College of Law and Michigan State University - College of Law) have posted Law on the Market? Evaluating the Securities Market Impact of Supreme Court Decisions on SSRN. Here is the abstract: Do judicial decisions affect the securities markets in discernible and perhaps predictable ways? In other words, is there...
The Emotions That Make Us More Creative
September 10, 2015
At the end of the day, the ability to broaden attention and the ability to narrow attention are both key contributors to creativity. A recent neuroscience study led by Roger Beaty (and which I was a collaborator on) suggests that creative people have greater connections between two areas of the brain that are typically at odds: the brain network of regions associated with focus and attentional control, and the brain network of regions associated with imagination and spontaneity. Indeed, the entire...
September 10, 2015
At the end of the day, the ability to broaden attention and the ability to narrow attention are both key contributors to creativity. A recent neuroscience study led by Roger Beaty (and which I was a collaborator on) suggests that creative people have greater connections between two areas of the brain that are typically at odds: the brain network of regions associated with focus and attentional control, and the brain network of regions associated with imagination and spontaneity. Indeed, the entire...
The Future Of Law And Technology
September 9, 2015
DL: How far do you think we can go in automating the work of lawyers and when are we going to reach that point? DP: That’s...
September 9, 2015
DL: How far do you think we can go in automating the work of lawyers and when are we going to reach that point? DP: That’s...
Can Big Data Really Pick Out The Best Lawyers?
September 8, 2015
The use of analytics and big data may transform the way lawyers are instructed, but it’s not perfect. Big data has long been heralded as something companies can wield to improve their operations and make better, more informed decisions. And with a US start-up which describes itself as the ‘Moneyball’ of legal analytics, big data is being taken to the legal profession. The analytics company Premonition has released a report which names the top High Court legal performers based on win rates,...
September 8, 2015
The use of analytics and big data may transform the way lawyers are instructed, but it’s not perfect. Big data has long been heralded as something companies can wield to improve their operations and make better, more informed decisions. And with a US start-up which describes itself as the ‘Moneyball’ of legal analytics, big data is being taken to the legal profession. The analytics company Premonition has released a report which names the top High Court legal performers based on win rates,...
Predicting Major Geopolitical Events
September 7, 2015
The weekend of July 30, a group of intellectual heavyweights met at a beautiful vineyard in California's Napa Valley. Their agenda was modest: learn how to predict the future. The "class," organized by Edge, was led by Philip Tetlock, a University of Pennsylvania psychologist who has made the study of prediction his life's work. For the past several years, Tetlock and his colleagues have been running a project supported by the US intelligence community. Their goal is to find ways to accurately...
September 7, 2015
The weekend of July 30, a group of intellectual heavyweights met at a beautiful vineyard in California's Napa Valley. Their agenda was modest: learn how to predict the future. The "class," organized by Edge, was led by Philip Tetlock, a University of Pennsylvania psychologist who has made the study of prediction his life's work. For the past several years, Tetlock and his colleagues have been running a project supported by the US intelligence community. Their goal is to find ways to accurately...
Betting on #SCOTUS
September 6, 2015
My Lex Predict colleagues Daniel Katz and Mike Bommarito, along with Tyler Soellinger and James Chen, have published a fascinating study of how securities markets react to the Supreme Court. The authors find: Across all cases decided by the Supreme Court of the United States between the 1999-2013 terms, we identify 79 cases where the share price of one or more publicly traded company moved in direct response to a Supreme Court decision. In the aggregate, over fifteen years, Supreme Court decisions...
September 6, 2015
My Lex Predict colleagues Daniel Katz and Mike Bommarito, along with Tyler Soellinger and James Chen, have published a fascinating study of how securities markets react to the Supreme Court. The authors find: Across all cases decided by the Supreme Court of the United States between the 1999-2013 terms, we identify 79 cases where the share price of one or more publicly traded company moved in direct response to a Supreme Court decision. In the aggregate, over fifteen years, Supreme Court decisions...
IBM Watson Personality Insights From Writing
September 5, 2015
The IBM Watson Personality Insights service uses linguistic analytics to extract a spectrum of cognitive and social characteristics from the text data that a person generates through blogs, tweets, forum posts, and more.
September 5, 2015
The IBM Watson Personality Insights service uses linguistic analytics to extract a spectrum of cognitive and social characteristics from the text data that a person generates through blogs, tweets, forum posts, and more.
