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Legal Tech Tomorrowland: Experts Make Predictions for the Future
December 20, 2015
Automating the work of lawyers and legal professionals has long been the focus of these types of discussions—even before we watched a computer named Watson trounce its human opponents on Jeopardy. One of the fundamental functions of an attorney is spotting an unseen issue, pitfall or anomaly. And we don’t yet know the extent to which all legal issues can be seen and resolved without humans. This appears to be the key question at the crux of the issue for the future of the profession and technology’s...
December 20, 2015
Automating the work of lawyers and legal professionals has long been the focus of these types of discussions—even before we watched a computer named Watson trounce its human opponents on Jeopardy. One of the fundamental functions of an attorney is spotting an unseen issue, pitfall or anomaly. And we don’t yet know the extent to which all legal issues can be seen and resolved without humans. This appears to be the key question at the crux of the issue for the future of the profession and technology’s...
A.I.: Researchers Find Quicker Way To Teach Computer
December 20, 2015
Researchers say they’ve developed an algorithm that can teach a new concept to a computer using just one example, rather than the thousands of examples that are traditionally required for machine learning. The algorithm takes advantage of a probabilistic approach the researchers call “Bayesian Program Learning,” or BPL. Essentially, the computer generates its own additional examples, and then determines which ones fit the pattern best. The researchers behind BPL say they’re trying to reproduce...
December 20, 2015
Researchers say they’ve developed an algorithm that can teach a new concept to a computer using just one example, rather than the thousands of examples that are traditionally required for machine learning. The algorithm takes advantage of a probabilistic approach the researchers call “Bayesian Program Learning,” or BPL. Essentially, the computer generates its own additional examples, and then determines which ones fit the pattern best. The researchers behind BPL say they’re trying to reproduce...
LegalZoom Buys British Law Firm
December 19, 2015
LegalZoom Legal Services Ltd., the U.K. division of LegalZoom.com Inc. in Glendale, announced on Monday that it is purchasing...
December 19, 2015
LegalZoom Legal Services Ltd., the U.K. division of LegalZoom.com Inc. in Glendale, announced on Monday that it is purchasing...
The End of Work?
December 19, 2015
Welcome to the era of AI-human hybrid intelligence, where people and artificial intelligence systems work together seamlessly. Picture the scene from the 1986 movie “Aliens,” where Sigourney Weaver slips into a humanoid, semi-robotic weight-lifting unit to fight the alien queen — that’s about where we are today. (A number of companies around the world are developing versions of such devices for industrial and medical use, with some already on the market.) * * * But history shows that...
December 19, 2015
Welcome to the era of AI-human hybrid intelligence, where people and artificial intelligence systems work together seamlessly. Picture the scene from the 1986 movie “Aliens,” where Sigourney Weaver slips into a humanoid, semi-robotic weight-lifting unit to fight the alien queen — that’s about where we are today. (A number of companies around the world are developing versions of such devices for industrial and medical use, with some already on the market.) * * * But history shows that...
8 Tech Trends to Watch in 2016
December 19, 2015
Algorithmic personality detection. Did you know that some life insurance underwriters are attempting to assess your personality...
December 19, 2015
Algorithmic personality detection. Did you know that some life insurance underwriters are attempting to assess your personality...
Will Computer Learning Replace Lawyer Earning?
December 18, 2015
In the legal profession discovery documents are classified and contract clauses are analyzed using so-called machine learning, artificial intelligence or predictive coding. But this is just the start. Will advances in computer science lead to technology that can actually do what we think we do better and more efficiently? Will smart robot attorneys be able to assess all the variables in a case and arrive at a precise exposure analysis and settlement value in seconds? Will they be able to take in all of the information...
December 18, 2015
In the legal profession discovery documents are classified and contract clauses are analyzed using so-called machine learning, artificial intelligence or predictive coding. But this is just the start. Will advances in computer science lead to technology that can actually do what we think we do better and more efficiently? Will smart robot attorneys be able to assess all the variables in a case and arrive at a precise exposure analysis and settlement value in seconds? Will they be able to take in all of the information...
“Outlined” Mediation Settlement Agreement Enforced
December 18, 2015
In PNC Bank, N.A. v. Springboro Medical Arts, 2015-Ohio-3386 (Ohio App. Ct. 2015), an Ohio appellate court held that a mediation agreement was binding even though the agreement only “outlined” the settlement terms and recited that the parties later would draft a “formal” settlement agreement. In Springboro, PNC made a loan that went into default and that had been guaranteed by Joshua Wright (Wright). The dispute over Wright’s liability was referred to mediation. During the mediation,...
December 18, 2015
In PNC Bank, N.A. v. Springboro Medical Arts, 2015-Ohio-3386 (Ohio App. Ct. 2015), an Ohio appellate court held that a mediation agreement was binding even though the agreement only “outlined” the settlement terms and recited that the parties later would draft a “formal” settlement agreement. In Springboro, PNC made a loan that went into default and that had been guaranteed by Joshua Wright (Wright). The dispute over Wright’s liability was referred to mediation. During the mediation,...
Redefining Attention (and Revamping the Legal Profession?) for the Digital Generation
December 18, 2015
While we cannot be certain what the future will hold for the legal profession, we can be sure that information and communication technologies (“ICTs”) (in some form or another) will be a part of it. Even if we could rid the world of ICTs for attention’s sake, most of us would opt not to—no more than we would abandon our cars or microwaves or ballpoint pens or any other invention once thought to be indicative of society’s general decay that is now a well-accepted part of everyday life. It is unrealistic...
December 18, 2015
While we cannot be certain what the future will hold for the legal profession, we can be sure that information and communication technologies (“ICTs”) (in some form or another) will be a part of it. Even if we could rid the world of ICTs for attention’s sake, most of us would opt not to—no more than we would abandon our cars or microwaves or ballpoint pens or any other invention once thought to be indicative of society’s general decay that is now a well-accepted part of everyday life. It is unrealistic...
Lex Machina Upgrades Legal Analytics Platform to Aid PTAB Case Strategies
December 17, 2015
Expansion of underlying datasets provides practitioners with tools to apply analytics to their decision making process. Legal...
December 17, 2015
Expansion of underlying datasets provides practitioners with tools to apply analytics to their decision making process. Legal...
The Delaware Rapid Arbitration Act: Cost-Efficient Resolution of Business Disputes
December 17, 2015
Legal practitioners and businesses once viewed arbitration as a faster, less expensive alternative to litigation. But this method of alternative dispute resolution has become protracted and costly as arbitration rules (and arbitrators) more readily permit broad discovery, dispositive motions, and other procedures that prolong resolution of a dispute. The Delaware Rapid Arbitration Act, Del. Code Ann. tit. 10, §§ 5801 et seq. (DRAA or the Act), effective since May 2015, creates an arbitration regime...
December 17, 2015
Legal practitioners and businesses once viewed arbitration as a faster, less expensive alternative to litigation. But this method of alternative dispute resolution has become protracted and costly as arbitration rules (and arbitrators) more readily permit broad discovery, dispositive motions, and other procedures that prolong resolution of a dispute. The Delaware Rapid Arbitration Act, Del. Code Ann. tit. 10, §§ 5801 et seq. (DRAA or the Act), effective since May 2015, creates an arbitration regime...
