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Number of AI Companies in Legal Grows 65% In Last Year
June 2, 2018
The number of artificial intelligence companies catering to the legal field has grown by 65 percent in the last year, from 40 to 66. This finding is from the In-House Counsel’s LegalTech Buyer’s Guide 2018, published today by the contract review automation company LawGeex. The increase in AI companies includes a number of “agile and well-funded startups,” says the guide, but also a number of established players that are joining the field, such as LexisNexis with its Lexis Answers...
June 2, 2018
The number of artificial intelligence companies catering to the legal field has grown by 65 percent in the last year, from 40 to 66. This finding is from the In-House Counsel’s LegalTech Buyer’s Guide 2018, published today by the contract review automation company LawGeex. The increase in AI companies includes a number of “agile and well-funded startups,” says the guide, but also a number of established players that are joining the field, such as LexisNexis with its Lexis Answers...
New Survey Paints Picture of Innovation and Technology at Law Firms
May 27, 2018
When firms were asked whether they had specifically tasked anyone with responsibility for innovation, 29.7 percent answered yes. Large law firms of 500 or more lawyers were more than twice as likely to have such a person, with 55.9 percent answering yes. Whether firms have tasked anyone with innovation, by size. Firms were also asked about which technologies had the greatest impact on efficiency. The top five technologies that firms said had either a moderate or high impact on efficiency...
May 27, 2018
When firms were asked whether they had specifically tasked anyone with responsibility for innovation, 29.7 percent answered yes. Large law firms of 500 or more lawyers were more than twice as likely to have such a person, with 55.9 percent answering yes. Whether firms have tasked anyone with innovation, by size. Firms were also asked about which technologies had the greatest impact on efficiency. The top five technologies that firms said had either a moderate or high impact on efficiency...
Vanderbilt Law School’s Larry Bridgesmith Becomes First Legal Educator to Use EmpowerLegal’s Video Training Platform to Successfully Educate and Engage Students
May 26, 2018
Many law schools are becoming more innovative in preparing students for legal careers, leveraging the power of online technology tools to complement traditional classroom learning. Larry Bridgesmith, a professor at Vanderbilt Law School and coordinator of its Program on Law & Innovation (PoLI), is dedicated to finding effective tools to educate his students on both the theory and actual experience of law practice. Bridgesmith recently discovered EmpowerLegal, an online training provider...
May 26, 2018
Many law schools are becoming more innovative in preparing students for legal careers, leveraging the power of online technology tools to complement traditional classroom learning. Larry Bridgesmith, a professor at Vanderbilt Law School and coordinator of its Program on Law & Innovation (PoLI), is dedicated to finding effective tools to educate his students on both the theory and actual experience of law practice. Bridgesmith recently discovered EmpowerLegal, an online training provider...
Judicial Analytics Company Gavelytics Expands with New Rulings Database and Arbitrator Archive
May 24, 2018
When last we wrote about judicial analytics company Gavelytics on March 13, it was announcing a $3.2 million funding round to support development of new features and expansion into additional jurisdictions. Today, the first two of these new features roll out — a rulings database and an arbitrator archive. With today’s enhancements, Gavelytics adds two features: Trial court rulings. This databases includes thousands of Los Angeles trial court orders dating back to 2000....
May 24, 2018
When last we wrote about judicial analytics company Gavelytics on March 13, it was announcing a $3.2 million funding round to support development of new features and expansion into additional jurisdictions. Today, the first two of these new features roll out — a rulings database and an arbitrator archive. With today’s enhancements, Gavelytics adds two features: Trial court rulings. This databases includes thousands of Los Angeles trial court orders dating back to 2000....
Ex Machina: Analytical platforms, Law and the Challenges of Computational Legal Science
May 20, 2018
Abstract: Over the years, computation has become a fundamental part of the scientific practice in several research fields that goes far beyond the boundaries of natural sciences. Data mining, machine learning, simulations and other computational methods lie today at the hearth of the scientific endeavour in a growing number of social research areas from anthropology to economics. In this scenario, an increasingly important role is played by analytical platforms: integrated environments allowing researchers...
May 20, 2018
Abstract: Over the years, computation has become a fundamental part of the scientific practice in several research fields that goes far beyond the boundaries of natural sciences. Data mining, machine learning, simulations and other computational methods lie today at the hearth of the scientific endeavour in a growing number of social research areas from anthropology to economics. In this scenario, an increasingly important role is played by analytical platforms: integrated environments allowing researchers...
Law Students Benefit From ‘Brain Training,’ Study Finds
May 19, 2018
Here is another article on Texas tech's "brain training" program: Law Com, Law Students Benefit From 'Brain Training,' Study Finds. (or here) "Texas Tech law students were better able to synthesize cases and apply legal concepts broadly after undergoing 'brain training' during orientation." "Texas Tech launched the pilot in the fall of 2015 in partnership with the Dallas-based Center for Brain Health. During orientation, the new students learned about basic neuroscience concepts and the role...
May 19, 2018
Here is another article on Texas tech's "brain training" program: Law Com, Law Students Benefit From 'Brain Training,' Study Finds. (or here) "Texas Tech law students were better able to synthesize cases and apply legal concepts broadly after undergoing 'brain training' during orientation." "Texas Tech launched the pilot in the fall of 2015 in partnership with the Dallas-based Center for Brain Health. During orientation, the new students learned about basic neuroscience concepts and the role...
Rethinking the Law of Legal Negotiation: Confidentiality Under Federal Rule of Evidence 408 and Related State Laws
May 18, 2018
Federal Rule of Evidence 408 and related state laws are among the most important rules to implement the national policy favoring the settlement of legal disputes. These rules bar the introduction of statements made during negotiations leading to the resolution of legal disputes. However, comprehensive analysis of the rule’s text, doctrinal history, and modern context demonstrates that the rule no longer meets its noble goals. Rather, the rule has evolved textually from a remarkably narrow and complex...
May 18, 2018
Federal Rule of Evidence 408 and related state laws are among the most important rules to implement the national policy favoring the settlement of legal disputes. These rules bar the introduction of statements made during negotiations leading to the resolution of legal disputes. However, comprehensive analysis of the rule’s text, doctrinal history, and modern context demonstrates that the rule no longer meets its noble goals. Rather, the rule has evolved textually from a remarkably narrow and complex...
AI-Powered Contract Review Platform LawGeex Raises $12 Million in New Funding
May 12, 2018
LawGeex, a company whose product uses artificial intelligence to help in-house legal teams automate the review and approval of everyday contracts, is today announcing the closing of a $12 million Series B funding round led by venture capital fund Aleph. This investment brings the total funding for LawGeex to $21.5 million. In March 2017, LawGeex raised $7 million. Previous investors, including Lool Ventures, also participated in this round. This news follows several recent...
May 12, 2018
LawGeex, a company whose product uses artificial intelligence to help in-house legal teams automate the review and approval of everyday contracts, is today announcing the closing of a $12 million Series B funding round led by venture capital fund Aleph. This investment brings the total funding for LawGeex to $21.5 million. In March 2017, LawGeex raised $7 million. Previous investors, including Lool Ventures, also participated in this round. This news follows several recent...
Managing a Law Practice in the Age of Intelligent Machines
May 6, 2018
Managing a Law Practice in the Age of Intelligent Machines represents my attempt to speak to those lawyers who are perplexed by the number of things they are reading and hearing about law office automation and artificial intelligence replacing lawyers. That can happen and I cite one example where it has happened already. But many, hopefully most, lawyers will be using automation and AI to better serve their clients. I hoped to provide a general framework of when automation makes sense and how the law evolves...
May 6, 2018
Managing a Law Practice in the Age of Intelligent Machines represents my attempt to speak to those lawyers who are perplexed by the number of things they are reading and hearing about law office automation and artificial intelligence replacing lawyers. That can happen and I cite one example where it has happened already. But many, hopefully most, lawyers will be using automation and AI to better serve their clients. I hoped to provide a general framework of when automation makes sense and how the law evolves...
Moneyball for Lawyers: Changing the Game with Analytics
May 6, 2018
The use of analytics has permeated into various industries, from baseball to banking, but could it be invaluable to lawyers...
May 6, 2018
The use of analytics has permeated into various industries, from baseball to banking, but could it be invaluable to lawyers...
