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Value and Judgment in Investment Treaty Arbitration
April 3, 2018
Professor Frederic G. Sourgens, Director of the Oil and Gas Law Center at Washburn University School of Law, has published “Value and Judgment in Investment Treaty Arbitration,” Journal of Dispute Resolution, Vol. 2018, No. 1, 2018. In his paper, Professor Sourgens examines arbitration in the context of disputes between foreign investors and host nations. Here is the abstract: Are international treaties consenting to the resolution of disputes between foreign investors...
April 3, 2018
Professor Frederic G. Sourgens, Director of the Oil and Gas Law Center at Washburn University School of Law, has published “Value and Judgment in Investment Treaty Arbitration,” Journal of Dispute Resolution, Vol. 2018, No. 1, 2018. In his paper, Professor Sourgens examines arbitration in the context of disputes between foreign investors and host nations. Here is the abstract: Are international treaties consenting to the resolution of disputes between foreign investors...
The Role of Artificial Intelligence in Legal Operations
April 2, 2018
Artificial intelligence (AI) promises to be the most disruptive class of technologies in driving digital business forward during the next ten years. Yet even among the most tech-savvy professionals, there is conflict over what it can and cannot do. The most promising aspect of applying AI in the legal profession lies in automating simple and repetitive tasks, like e-discovery or legal bill review, while enabling human experts to improve results beyond what machines or people could do alone. This...
April 2, 2018
Artificial intelligence (AI) promises to be the most disruptive class of technologies in driving digital business forward during the next ten years. Yet even among the most tech-savvy professionals, there is conflict over what it can and cannot do. The most promising aspect of applying AI in the legal profession lies in automating simple and repetitive tasks, like e-discovery or legal bill review, while enabling human experts to improve results beyond what machines or people could do alone. This...
Your Arbitration Is Not Yet Filed, But Attachment in Aid of That Arbitration May Be Available
April 2, 2018
The courts undoubtedly have the power to grant provisional remedies in aid of a pending arbitration – including temporary restraining orders, preliminary injunctions, and attachments. As a recent Fifth Circuit decision reminds us, the courts also can grant such remedies in aid of an arbitration that has yet to be commenced. Indeed, those remedies may be available under state law, even if the future arbitration is governed by the Convention on the Recognition and Enforcement of Foreign Arbitral...
April 2, 2018
The courts undoubtedly have the power to grant provisional remedies in aid of a pending arbitration – including temporary restraining orders, preliminary injunctions, and attachments. As a recent Fifth Circuit decision reminds us, the courts also can grant such remedies in aid of an arbitration that has yet to be commenced. Indeed, those remedies may be available under state law, even if the future arbitration is governed by the Convention on the Recognition and Enforcement of Foreign Arbitral...
Law Firm Innovation? We’re Not Seeing It, Says Survey of Corporate Counsel
April 1, 2018
A 2017 Altman Weil survey found that half of law firms say they are actively engaged in creating special projects and experiments to test innovative ideas and methods. But a newly released survey finds that the corporate clients of those law firms are seeing little or no actual change in how law firms deliver services. Conducted by the law firm Thompson Hine, the survey, Closing the Innovation Gap, interviewed in-house counsel and senior executives at 176 companies and financial institutions....
April 1, 2018
A 2017 Altman Weil survey found that half of law firms say they are actively engaged in creating special projects and experiments to test innovative ideas and methods. But a newly released survey finds that the corporate clients of those law firms are seeing little or no actual change in how law firms deliver services. Conducted by the law firm Thompson Hine, the survey, Closing the Innovation Gap, interviewed in-house counsel and senior executives at 176 companies and financial institutions....
How To Read Someone’s Emotions With 90% Accuracy
April 1, 2018
How neuroscientists are learning to predict emotions with increasing accuracy. Brain scans can read human emotions with 90% accuracy, a new study finds. Researchers have been able to predict the intensity of negative emotions to evocative images. They found that negative emotions have a ‘neural signature’ which a computer could learn.
April 1, 2018
How neuroscientists are learning to predict emotions with increasing accuracy. Brain scans can read human emotions with 90% accuracy, a new study finds. Researchers have been able to predict the intensity of negative emotions to evocative images. They found that negative emotions have a ‘neural signature’ which a computer could learn.
IBM Bets Company On Exponential Innovation In AI, Blockchain, And Quantum Computing
March 31, 2018
The central lesson of the show: while IBM’s bets are both massive and risky, it has chosen its bets wisely – hoping to get into the ground floor of world-changing trends that each promise to follow Moore’s Law patterns of exponential growth. By leveraging deep learning technologies as well as increasingly mature, pre-trained industry ‘assistants,’ Watson has largely overcome these challenges. The result: today, Watson is finding its way into a broad swath of IBM’s product line,...
March 31, 2018
The central lesson of the show: while IBM’s bets are both massive and risky, it has chosen its bets wisely – hoping to get into the ground floor of world-changing trends that each promise to follow Moore’s Law patterns of exponential growth. By leveraging deep learning technologies as well as increasingly mature, pre-trained industry ‘assistants,’ Watson has largely overcome these challenges. The result: today, Watson is finding its way into a broad swath of IBM’s product line,...
Law Firms Are Investing in Tech Before It Overtakes Them
March 31, 2018
The trend toward melding tech into law firms’ core business comes as both a response to a shifting legal market, where firms’ traditional business is coming under increased competition, and as a realization by firms that they are well-positioned to capitalize on the demand for tech and data-enabled services. And it is fundamentally altering what it means to be a law firm in the 21st century. “The current climate of investing is part of a redefinition of the law firm model, where law firms...
March 31, 2018
The trend toward melding tech into law firms’ core business comes as both a response to a shifting legal market, where firms’ traditional business is coming under increased competition, and as a realization by firms that they are well-positioned to capitalize on the demand for tech and data-enabled services. And it is fundamentally altering what it means to be a law firm in the 21st century. “The current climate of investing is part of a redefinition of the law firm model, where law firms...
A Preview of Bristlecone, Google’s New Quantum Processor
March 30, 2018
The goal of the Google Quantum AI lab is to build a quantum computer that can be used to solve real-world problems. Our strategy is to explore near-term applications using systems that are forward compatible to a large-scale universal error-corrected quantum computer. In order for a quantum processor to be able to run algorithms beyond the scope of classical simulations, it requires not only a large number of qubits. Crucially, the processor must also have low error rates on readout and logical...
March 30, 2018
The goal of the Google Quantum AI lab is to build a quantum computer that can be used to solve real-world problems. Our strategy is to explore near-term applications using systems that are forward compatible to a large-scale universal error-corrected quantum computer. In order for a quantum processor to be able to run algorithms beyond the scope of classical simulations, it requires not only a large number of qubits. Crucially, the processor must also have low error rates on readout and logical...
Dissecting Common Basic Arbitration Clauses — You Can Build a Better One
March 30, 2018
Arbitration is often promoted as faster, cheaper, more predictable, and more controllable than litigation. But to many, arbitration’s promise comes up short on delivery. Why? A prime reason is that many parties do not make use of their ability to shape a proceeding that fulfills those promises, and end up with an arbitration that is more time consuming, more expensive, and less predictable than it could have been. Arbitration is actually the ultimate Choose Your Own Adventure story. Each arbitral...
March 30, 2018
Arbitration is often promoted as faster, cheaper, more predictable, and more controllable than litigation. But to many, arbitration’s promise comes up short on delivery. Why? A prime reason is that many parties do not make use of their ability to shape a proceeding that fulfills those promises, and end up with an arbitration that is more time consuming, more expensive, and less predictable than it could have been. Arbitration is actually the ultimate Choose Your Own Adventure story. Each arbitral...
Pre-Arbitration Discovery: Turn to State Law Where the Federal Rules are Inadequate
March 29, 2018
As discussed in an earlier post, obtaining discovery from a non-party to an arbitration often is easier said than done....
March 29, 2018
As discussed in an earlier post, obtaining discovery from a non-party to an arbitration often is easier said than done....
