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Data Analytics Transforming Legal Industry
September 21, 2015
The current best-use cases for legal analytics are helping to simplify and expedite the workflow around research. Long...
September 21, 2015
The current best-use cases for legal analytics are helping to simplify and expedite the workflow around research. Long...
Oil & Gas Lawyers “On Edge” Waiting SCOTX Response to Chesapeake Request
September 21, 2015
Oil and natural gas attorneys in the Lone Star State are collectively "on edge" waiting for the Texas Supreme Court to respond to a request from Chesapeake Energy Corp. asking for a rehearing on a high-profile royalty payment case. The Texas Supreme Court ruled against the Oklahoma City-based energy company and in favor of landowners in a June 12 opinion handed down in the Hyder v. Chesapeake case. In a 5-to-4 decision, the Texas Supreme Court sided with the Hyder family of Fort Worth by upholding...
September 21, 2015
Oil and natural gas attorneys in the Lone Star State are collectively "on edge" waiting for the Texas Supreme Court to respond to a request from Chesapeake Energy Corp. asking for a rehearing on a high-profile royalty payment case. The Texas Supreme Court ruled against the Oklahoma City-based energy company and in favor of landowners in a June 12 opinion handed down in the Hyder v. Chesapeake case. In a 5-to-4 decision, the Texas Supreme Court sided with the Hyder family of Fort Worth by upholding...
Resolving the Dispute Over Injunctive Relief Classes
September 21, 2015
In the years since the Supreme Court’s decision in Comcast v. Behrend, 133 S. Ct. 1426 (2013), which made it harder for plaintiffs...
September 21, 2015
In the years since the Supreme Court’s decision in Comcast v. Behrend, 133 S. Ct. 1426 (2013), which made it harder for plaintiffs...
Deep Learning Machine Teaches Itself Chess in 72 Hours
September 20, 2015
In a world first, an artificial intelligence machine plays chess by evaluating the board rather than using brute force to work out every possible move. It’s been almost 20 years since IBM’s Deep Blue supercomputer beat the reigning world chess champion, Gary Kasparov, for the first time under standard tournament rules. Since then, chess-playing computers have become significantly stronger, leaving the best humans little chance even against a modern chess engine running on a smartphone. But...
September 20, 2015
In a world first, an artificial intelligence machine plays chess by evaluating the board rather than using brute force to work out every possible move. It’s been almost 20 years since IBM’s Deep Blue supercomputer beat the reigning world chess champion, Gary Kasparov, for the first time under standard tournament rules. Since then, chess-playing computers have become significantly stronger, leaving the best humans little chance even against a modern chess engine running on a smartphone. But...
Contract Negotiations
September 20, 2015
The first line of defense against scope creep is to be crystal clear from the start about what is and is not included in the contract. This will avoid a lot of headaches and feelings of resentment down the road. Input vs. output Services contracts can be input-based—stipulating the inputs that you will make, such as billable hours—or output-based—focusing on what you will produce. In general, input-based contracts will better protect you from scope creep than output-based contracts. For example,...
September 20, 2015
The first line of defense against scope creep is to be crystal clear from the start about what is and is not included in the contract. This will avoid a lot of headaches and feelings of resentment down the road. Input vs. output Services contracts can be input-based—stipulating the inputs that you will make, such as billable hours—or output-based—focusing on what you will produce. In general, input-based contracts will better protect you from scope creep than output-based contracts. For example,...
What Makes a Job Susceptible to Automation?
September 20, 2015
Certain aspects of a job are simpler to automate than others. Social workers, nurses, therapists and psychologists are among the least likely occupations to be taken over as assisting and caring for others, which involves empathy, is a crucial part of the job. Roles requiring employees to think on their feet and come up with creative and original ideas, for example artists, designers or engineers, hold a significant advantage in the face of automation. Additionally, occupations involving...
September 20, 2015
Certain aspects of a job are simpler to automate than others. Social workers, nurses, therapists and psychologists are among the least likely occupations to be taken over as assisting and caring for others, which involves empathy, is a crucial part of the job. Roles requiring employees to think on their feet and come up with creative and original ideas, for example artists, designers or engineers, hold a significant advantage in the face of automation. Additionally, occupations involving...
Robots May Steal Jobs of Chefs, Salespeople and Models
September 19, 2015
The researchers calculated all of the various advantages that humans have over machines. Jobs that reward those traits were more likely to be safe from being stolen by robots. Those traits include creative endeavours, such as writing, entrepreneurship or scientific discovery. People in those fields might actually benefit from the robots — entrepreneurs can use technology to “leverage your invention”, the researchers point out. Social interactions are also still highly-desired, and something...
September 19, 2015
The researchers calculated all of the various advantages that humans have over machines. Jobs that reward those traits were more likely to be safe from being stolen by robots. Those traits include creative endeavours, such as writing, entrepreneurship or scientific discovery. People in those fields might actually benefit from the robots — entrepreneurs can use technology to “leverage your invention”, the researchers point out. Social interactions are also still highly-desired, and something...
How Microsoft’s Matter Management Solution Takes the Inside Out
September 19, 2015
The internally-developed solution was the result of identifying common pain points in Microsoft’s legal department. Earlier this week, Microsoft announced that its internally developed Matter Center will be made available to the general legal industry. As reported in Legaltech News’s initial story, the platform takes cues from Microsoft’s push to integrate the consumer grade version of Office 365 with the cloud, allowing for better collaboration across devices, programs, and teams. Legaltech...
September 19, 2015
The internally-developed solution was the result of identifying common pain points in Microsoft’s legal department. Earlier this week, Microsoft announced that its internally developed Matter Center will be made available to the general legal industry. As reported in Legaltech News’s initial story, the platform takes cues from Microsoft’s push to integrate the consumer grade version of Office 365 with the cloud, allowing for better collaboration across devices, programs, and teams. Legaltech...
Do You Have Algorithm Aversion?
September 19, 2015
If you’re struggling to accept the idea that using an algorithm is a good idea, consider whether these logical fallacies might be tripping you up. Have you ever heard of “algorithm aversion?” Researchers describe it as being when people trust their own conclusions over the results of an algorithm, even when the algorithm is shown to perform better. You see this in action when doctors scoff at online symptom checkers or lawyers hesitate to use predictive coding. So, what drives this aversion?...
September 19, 2015
If you’re struggling to accept the idea that using an algorithm is a good idea, consider whether these logical fallacies might be tripping you up. Have you ever heard of “algorithm aversion?” Researchers describe it as being when people trust their own conclusions over the results of an algorithm, even when the algorithm is shown to perform better. You see this in action when doctors scoff at online symptom checkers or lawyers hesitate to use predictive coding. So, what drives this aversion?...
Auto Industry Looks to Predictive Analytics to Mitigate Recall Risk
September 18, 2015
A Deloitte poll found that just 8 percent of auto executives employ predictive analytics to manage recall risk Advanced analytics are a valuable tool for many industries, with the auto industry no excpetion. The predictive capabilities of analytical solutions can ensure safety, keep customers happy, and address technical needs before they arise with users. But, a recent survey of auto industry executives found a stark lack in the use of advanced predictive analytics to help prevent, prepare for,...
September 18, 2015
A Deloitte poll found that just 8 percent of auto executives employ predictive analytics to manage recall risk Advanced analytics are a valuable tool for many industries, with the auto industry no excpetion. The predictive capabilities of analytical solutions can ensure safety, keep customers happy, and address technical needs before they arise with users. But, a recent survey of auto industry executives found a stark lack in the use of advanced predictive analytics to help prevent, prepare for,...
