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Corporate Counsel Say Law Firms Are Becoming More Tech-Savvy
June 14, 2015
Inside counsel identify 9 percent more law firms using technology as a source of innovation in 2015, according to a new BTI Consulting report. It’s no secret: there is a widespread perception in the legal industry that law firms are not on the forefront of technology adoption. Indeed, the idea that law firms are becoming more tech-savvy may sound oxymoronic, but a new survey of nearly 700 corporate counsel at Fortune 1000 companies revealed that more law firms are using client-facing technology. In...
June 14, 2015
Inside counsel identify 9 percent more law firms using technology as a source of innovation in 2015, according to a new BTI Consulting report. It’s no secret: there is a widespread perception in the legal industry that law firms are not on the forefront of technology adoption. Indeed, the idea that law firms are becoming more tech-savvy may sound oxymoronic, but a new survey of nearly 700 corporate counsel at Fortune 1000 companies revealed that more law firms are using client-facing technology. In...
Georgetown’s Iron Tech Competition Grows In Audience and Interest
June 13, 2015
Georgetown University Law Center’s fourth annual “Iron Tech Lawyer Competition—Access to Justice Edition,” has grown a bit. The event, held Wednesday, included small teams of students that developed apps to help consumers, nonlawyer advocates and public-interest lawyers navigate complex areas of the law with simple, streamlined tools.
June 13, 2015
Georgetown University Law Center’s fourth annual “Iron Tech Lawyer Competition—Access to Justice Edition,” has grown a bit. The event, held Wednesday, included small teams of students that developed apps to help consumers, nonlawyer advocates and public-interest lawyers navigate complex areas of the law with simple, streamlined tools.
Speech Recognition Moves Past Dream Stage
June 13, 2015
Speech becomes an interesting alternative when you must input data hands-free (think of dialing a call from your car); when speech can produce a text, email or draft as fast and as well as your typing skills (especially on a mobile device); or when it can do quick searches or initiate commands. In other words, by not asking speech recognition to do everything and being frustrated when it does not do it all, we can focus on where speech really helps us and take advantage of the help it offers us right...
June 13, 2015
Speech becomes an interesting alternative when you must input data hands-free (think of dialing a call from your car); when speech can produce a text, email or draft as fast and as well as your typing skills (especially on a mobile device); or when it can do quick searches or initiate commands. In other words, by not asking speech recognition to do everything and being frustrated when it does not do it all, we can focus on where speech really helps us and take advantage of the help it offers us right...
Real-Time Game Theory: Greek Finance Minister Wrote the Book on Game Theory, But May Yet Lose
June 13, 2015
No party to these debt negotiations knows more about Nash equilibriums than Greek Finance Minister Yanis Varoufakis, an academic economist who co-authored a textbook on game theory and who took to Twitter after the recent death of John Nash Jr. to express his debt to the genius mathematician. In its simplest form, a Nash equilibrium exists when no single party to a negotiation perceives that they have anything to gain by unilaterally changing their position. Failure to reach a deal will leave...
June 13, 2015
No party to these debt negotiations knows more about Nash equilibriums than Greek Finance Minister Yanis Varoufakis, an academic economist who co-authored a textbook on game theory and who took to Twitter after the recent death of John Nash Jr. to express his debt to the genius mathematician. In its simplest form, a Nash equilibrium exists when no single party to a negotiation perceives that they have anything to gain by unilaterally changing their position. Failure to reach a deal will leave...
Real-Time Game Theory: Fears of Greece Eurozone Exit Mount as EU Deadline Looms
June 13, 2015
Greek finance minister says he does not believe Europe would let his country leave the eurozone, but decision on its fate is expected by Thursday It appeared that Greece was still refusing to back down. In a policy document leaked to the Greek press, the Tsipras government once again called for a debt restructuring and ruled out pension cuts or labour market reforms that would include wage decreases. It attacked the IMF’s decision to walk out of negotiations on Thursday, arguing that it represented...
June 13, 2015
Greek finance minister says he does not believe Europe would let his country leave the eurozone, but decision on its fate is expected by Thursday It appeared that Greece was still refusing to back down. In a policy document leaked to the Greek press, the Tsipras government once again called for a debt restructuring and ruled out pension cuts or labour market reforms that would include wage decreases. It attacked the IMF’s decision to walk out of negotiations on Thursday, arguing that it represented...
50 Most Cited Private Law Articles
June 13, 2015
Harvard’s Project on the Foundations of Private Law has started an interesting blog entitled New Private Law.* As one of its introductory...
June 13, 2015
Harvard’s Project on the Foundations of Private Law has started an interesting blog entitled New Private Law.* As one of its introductory...
Arbitration Under Attack!
June 12, 2015
Arbitration is under attack. Whether we are talking about the evolution of employment and consumer arbitration, imposed on the unknowing and unwilling through pre-dispute contracts of adhesion, or “business to business” arbitration a/k/a “The New Litigation”, controversy abounds. For years our dysfunctional and overcrowded civil justice system seemed like no place to be for employers, banks, insurance companies and product manufacturers, and so arbitration rose in popularity as a solution....
June 12, 2015
Arbitration is under attack. Whether we are talking about the evolution of employment and consumer arbitration, imposed on the unknowing and unwilling through pre-dispute contracts of adhesion, or “business to business” arbitration a/k/a “The New Litigation”, controversy abounds. For years our dysfunctional and overcrowded civil justice system seemed like no place to be for employers, banks, insurance companies and product manufacturers, and so arbitration rose in popularity as a solution....
Game Theory: Creditors Tell Greece it is Time to Decide Over Bailout
June 12, 2015
Greece’s creditors on Thursday issued their starkest warnings to Athens since the start of a five-month stand-off over the country’s soon-to-expire €172bn bailout, with the International Monetary Fund withdrawing its negotiating team and European leaders saying the time for compromise had ended. “There’s no more space for gambling, there’s no more time for gambling. The day is coming, I’m afraid, where someone says the game is over.”
June 12, 2015
Greece’s creditors on Thursday issued their starkest warnings to Athens since the start of a five-month stand-off over the country’s soon-to-expire €172bn bailout, with the International Monetary Fund withdrawing its negotiating team and European leaders saying the time for compromise had ended. “There’s no more space for gambling, there’s no more time for gambling. The day is coming, I’m afraid, where someone says the game is over.”
Game Theory: IMF to Alexis Tsipras: ‘Do you feel lucky, punk?’
June 12, 2015
By pulling its negotiators out of talks in Brussels, the IMF is asking Greece to decide whether it can afford to carry on haggling “You’ve got to ask yourself one question. Do I feel lucky? Well, do ya, punk?” The lines spoken by Clint Eastwood in Dirty Harry sprang to mind when the International Monetary Fund (IMF) announced that it had called its Greek negotiating team home from talks in Brussels. Up until now, the view in Athens has been that the troika – made up of the IMF, the European...
June 12, 2015
By pulling its negotiators out of talks in Brussels, the IMF is asking Greece to decide whether it can afford to carry on haggling “You’ve got to ask yourself one question. Do I feel lucky? Well, do ya, punk?” The lines spoken by Clint Eastwood in Dirty Harry sprang to mind when the International Monetary Fund (IMF) announced that it had called its Greek negotiating team home from talks in Brussels. Up until now, the view in Athens has been that the troika – made up of the IMF, the European...
The Slippery Slope
June 11, 2015
Everyone enters into a negotiation with the intent to be honest. But- ay- that is the “rub”. One party’s (“Jane”) definition of “honesty” may be different than the other party’s (“Mary”). Why? Research has shown that one’s honesty will vary with the environment. As a March 25, 2015 blog post on the Program on Negotiation at Harvard Law School website explains, “…personal standards for negotiation ethics often vary depending on the context.” (“Negotiation Ethics May Be a Slippery...
June 11, 2015
Everyone enters into a negotiation with the intent to be honest. But- ay- that is the “rub”. One party’s (“Jane”) definition of “honesty” may be different than the other party’s (“Mary”). Why? Research has shown that one’s honesty will vary with the environment. As a March 25, 2015 blog post on the Program on Negotiation at Harvard Law School website explains, “…personal standards for negotiation ethics often vary depending on the context.” (“Negotiation Ethics May Be a Slippery...
