JordanFurlong + robolawyer   317

Clients Not Ready to 'Talk to a Robot,' but Jackson Lewis Bets on Automating Compliance Tasks | Legaltech News
In its first step with client-facing technology, the firm announced on Tuesday the beta launch of its online tool suite for workplace laws and regulations, workthruIT. Designed with 16 tools for in-house counsel, human resources professionals and employers, the suite is available to select clients and allows them to obtain and research information around workplace decisions, then bring their findings to an attorney for advising.
The tools are slated to work with federal and state workplace laws and regulations, and available among them are checklists, databases and maps, calculators and what Jackson Lewis described in a statement as "sophisticated assessment tools." Greg Alvarez, principal in Jackson Lewis' Morristown, New Jersey, office, told Legaltech News that many of the tools designed by the firm "streamline the information gathering process, providing clients with the advice they need on a number of issues."
In describing how the tools would fit into a workflow, Barkalov, who oversaw the data analytics team's development of the workthruIT suite, said to consider an employee leave request. In determining whether the employee is entitled to leave, a "junior HR person" at an organization can use the tool to work through an assessment, then send the information to a senior HR official for review, who would then send the information to the general counsel. From there, the GC would OK or reject the decision.
robolawyer  roboclients 
april 2017 by JordanFurlong
DASH: Networking Legal AI + Automation Systems Together – Artificial Lawyer
The company adds that they are designing DASH intentionally to play well with others, such as multiple legal AI systems. And this interoperability factor is going to become increasingly important.

For example, what happens when a law firm perhaps uses legal AI systems such as Leverton for real estate work, RAVN for a compliance matter, Kira or Luminance for a due diligence exercise, ROSS for some legal research and Lex Machina, Ravel or Casetext for some litigation analysis? Not to mention perhaps several other non-AI systems as well, that may form part of this complex legal tech smorgasbord?

How does all of this technology work together? How does the data get funnelled and sorted in the right way from one system to the other, or stored in the right place where users can access it and know where it is?

How does one system ‘talk’ to the others? How does a law firm stay on top of the bigger data picture and the work being done across several areas of work for a client that may have several touch points?
robolawyer  innovation  it 
april 2017 by JordanFurlong
IBM's Watson Makes New Inroads Into Legal With Discovery, Business Research Offerings | Legaltech News
For example, in a database of real estate agreements, an e-discovery tool powered by Watson Discovery Service could essentially "learn" the language of these agreements, thereby making it easier to search for, and associate, specific related terms, such as "foreclosure" and "lien." Such search capabilities are in contrast to keyword searches that only looks for documents containing exact words or phrases.
IBM said when using this technology a legal team "can quickly extract relevant details from dense legal briefs, past legal proceedings and other lengthy documents."
Watson's machine learning search capabilities are also the backbone behind Watson Company Profiler, a pre-built knowledge repository that searches through Dun & Bradstreet Inc.'s commercial database and other data sources to extract actionable information on a variety of corporations.
robolawyer  discovery  research 
march 2017 by JordanFurlong
$12M Casetext Investment Underscores Am Law Interest in AI Technology | Legaltech News
The company receiving the most recent round of investments is Casetext. A legal research platform, the company leverages AI as part of its premium service, CARA (Case Analysis Research Assistant), to find cases that are relevant to briefs. Since its founding in 2013, Casetext has gathered a considerable array of Am Law 100 firms, including DLA Piper, Fenwick & West, Ogletree Deakins and Greenberg Traurig, the company noted in a release.
Closing at $12 million, the company’s series B funding round marks one of the bigger investments in legal technology. Leading the investment round was Canvas Ventures, whose partners have also invested in Evernote and Siri. Other investors included Red Sea Ventures, Union Square Ventures, and 8VC.
Casetext worked with law firm partners both preceding and following the investment round, Casetext CEO and co-founder Jake Heller told Legaltech News, but he noted that investors “bought into” his company “as soon as they saw that we could get Quinn Emmanuel attorneys … DLA Piper attorneys to pay tens of thousands of dollars” for its CARA product. “I think they immediately knew that this was the kind of technology that might a big wave in this field.”
robolawyer  research  knowledge 
march 2017 by JordanFurlong
Inside the 'Robot Review': 3 Trends Defining the Artificial Intelligence Contract Market | Legaltech News
he efficiency and automation AI contract solutions bring is changing the way legal departments function and grow. And it's not just changing corporate legal's waning reliance on outside counsel —who once manually managed all contract review for their corporate clients—but also the increasing work and responsibilities they have taken on in-house.
As proof of this trend, LaxGeex's Goldberg points to the growing "number of people who call themselves legal operations last year compared to two years ago, and compared five years ago. In the past, the term 'legal operations' hardly existed. Today, many legal teams have a legal operations expert; they may even have a legal automation expert or legal technology officer."
Still, how much AI contracts can change the makeup of a legal department may be limited. Wojcik noted that as AI contract companies focus on developing simple solutions that legal users "who have no technical, no coding, no data scientist, no business intelligence background" can use, there's little need for IT specialists and data scientists.
robolawyer  roboclients  contracts 
march 2017 by JordanFurlong
A2J Guided Interviews and online interactive PLEI - PLE Learning ExchangePLE Learning Exchange
Online interactive public legal education and information (PLEI) is helping some Ontario community legal clinics (clinics) serve their communities in new ways. Using customizable interactive software, called A2J Guided Interviews (A2Js), a partnership of clinics is delivering PLEI embedded in online tools for intake, document assembly, and referrals.
access  robolawyer 
march 2017 by JordanFurlong
LawGeex Raises $7M, Riding Surge of Corporate Interest in AI Contracting | Corporate Counsel
For many corporate legal departments, AI contract review is becoming more of a necessity and less of an operational challenge.
robolawyer  contracts  startups 
march 2017 by JordanFurlong
The Ethics of Artificial Intelligence in Law Practice | Legaltech News
A lawyer’s duties are well-defined by existing rules of professional responsibility, but where does AI fit into the picture?
ethics  robolawyer 
february 2017 by JordanFurlong
NYSBA Partners With Legal.io to Launch 'Smart' Online Legal Referrals Service | Legaltech News
The NYSBA's new online platform uses machine learning technology to better understand and direct local New Yorker's legal requests.
access  robolawyer 
february 2017 by JordanFurlong
The Actual Cost of In-House Artificial Intelligence Adoption | Corporate Counsel
The time, capital and personnel required to get basic AI technologies running in-house underscores why such implementation is limited to legal teams.
roboclients  robolawyer 
february 2017 by JordanFurlong
Practice Engineering for 21st Century Legal Services Firms (Part 1)
So, what is our system, what does it do? Abstracting a bit, the legal services system delivers three things of value — in this order of increasing value and decreasing risk of displacement by alternative providers and software:

Information
Execution
Advice
Not a surprise to any reader of this blog, in the delivery of the most bespoke legal services, the silkiest Savile Row suits, there is quite a lot of the quotidian. Suits need buttons. Contracts need signature pages. Pleadings need assertions of jurisdiction.
process  it  robolawyer  supplychain 
february 2017 by JordanFurlong
Prism Legal The Changing Legal Ecosystem - Prism Legal
Intro: When we met one year ago, no one expected Brexit or Trump. Why? We did not have good information and we had a bias in one direction. This panel will focus on legal: what you hope does not matter, you have to deal with reality.
firms  clients  robolawyer  roboclients  future 
february 2017 by JordanFurlong
JuriBot – The Dutch Legal AI Predicting Criminal Trial Outcomes – Artificial Lawyer
Juribot adds that by using this data it helps ‘to estimate which lawyer, at which court, for which type of offence, is most likely to achieve an acquittal’. I.e. JuriBot has case prediction capabilities.


JuriBot
Stalknecht says that the inspiration was the challenge to see if they could apply technology they had used in other areas, such as finance, to the law.

‘[The aim was] to turn legal archives into actionable data and insights. We have already successfully developed trading analytics for financial markets based on the same technology,’ he says.

As to how this is different from several other start-ups working in the current red hot litigation analytics space, Stalknecht says: ‘JuriBot is semantic data extraction of relevant case attributes, which we allocate by NLP and machine learning. Then our system compares metadata with the archive and presents this in a prediction analysis dashboard.’
criminal  robolawyer 
february 2017 by JordanFurlong
Can Corporate Counsel Leveraging AI Give Contract Attorneys a Run for Their Money | Legaltech News
Beyond automating contract review, artificial intelligence technology may empower corporate counsel to automate their law firms' contract expertise.
flex  robolawyer  roboclients 
january 2017 by JordanFurlong
Big law is having its Uber moment - Macleans.ca
Though Alarie believes Tax Foresight is the first tool of its kind on the market, Blue J Legal is far from the only company employing AI to change the way lawyers work. Jordan Furlong, an Ottawa-based consultant and legal analyst at Law21, says Toronto has become a hub of activity for AI-based legal tech startups, which isn’t surprising since Toronto, along with Montreal, has also emerged as a global ground zero for AI research in general. Other firms applying AI technologies to the law include Ross Intelligence, which scours databases to answer legal questions, and Kira Systems, which brings machine learning to contract analysis.
jf  robolawyer 
january 2017 by JordanFurlong
Smart Contracts 101 for the Non-Techie Lawyer | Legaltech News
Smart contracts are contracts that are created using programming language, or a set of computer instructions that automatically execute. One way to think of these contracts is as a “living” agreement.
Whereas a third party intermediary, like an attorney or bank, would be entrusted to release agreed upon funds to a specific party once certain terms of a contract are met, such as the receiving of a title deed, a smart contract could automatically perform such action without a need for any intermediary. 
So long as the funds and title deed can be transferred electronically, each can be automatically released to their respective parties, once triggered by the contract’s terms.
These contracts are already being deployed. Lewis R. Cohen, partner at Hogan Lovells explained that his clients are already using contracts that “make use of computer models in order to automate payments and cash flows.”
And while smart contracts precede blockchains—a method for structuring data that functions as a sort of digital ledger – the two technologies are often associated with one another. In this sense, blockchains can be looked at as a “hospitable platform for smart contracts,” said Hogan Lovells partner Ira Schaefer. This is due to blockchains’ ability to create databases, whereby computers in various locations can share the same, “immutable” ledger or file, in this case a self-executing contract.
Theodore J. Mlynar, also a partner at Hogan Lovells, noted that among the advantages of smart contracts its “ability to streamline the contracting processes,” which provides “the parties more confidence that they are going to actually achieve the results they expect, and fully carry out the parties’ intentions.”
blockchain  contracts  robolawyer  it 
january 2017 by JordanFurlong
4 Ways Technology Is Changing Contracts | Legaltech News
4. Compliance Management
Contracts, for the time being, are written almost exclusively in natural language, but startups are increasingly finding ways to parse data from contracts to make compliance management easier. Startups like Silicon Valley-based SirionLabs bring their tech to the other side of the equation—whether a contract's promises are actually being met—to help buyers track compliance before due diligence.
SirionLabs chief marketing officer Indus Khaitan explained that SirionLabs' platform can extract obligations from a contract using natural language processing; calculate compliance with automated data stream management tools; and display a schedule of events around a contract in a dashboard.
"Data is still post-facto," Khaitan noted, adding that while data-driven contracts may be the way of the future, they're still four to five years away from regular use.
contracts  compliance  robolawyer  roboclients 
january 2017 by JordanFurlong
Where will your firm be in five years' time? - The Lawyer | Legal News and Jobs | Advancing the business of law The Lawyer | Legal News and Jobs | Advancing the business of law
The legal industry is riding a series of waves of new technology, each bigger than the last. The one getting most attention is artificial intelligence, which itself is arriving in three waves. The first wave, if you remember, consisted of ‘predictive coding’ tools such as Recommind, Relativity and Equivio, now widely used by law firms, particularly for litigation matters. They brought cost savings, by automating the initial document review process, allowing firms to bring lawyers in at a later stage, or at least to focus their attention more productively.

The next wave brought products such as Kira, Leverton and eBrevia, more suitable for transactional areas. These machine learning tools achieve a higher degree of accuracy and awareness by combining machine intelligence and human feedback, so that (over time) the software ‘learns’ its best, most efficient use within a business and allows firms to create different types of algorithmic know-how.

The third wave will comprise systems that can understand and be questioned in natural language, although this wave is still a few years from reaching the shore, at least for the legal sector.

But artificial intelligence tools, although gathering headlines, are only part of the big changes wrought by advanced technology. For example, building on these foundations Clifford Chance recently announced a partnership with Neota Logic, a New York-based company that uses decision-tree technology that can accept vast amounts of data and provide weighted options for lawyers to take next steps.
robolawyer 
december 2016 by JordanFurlong
Georgetown Law to Launch Institute for Technology Law and Policy | Legaltech News
Law schools are pushing to meet newer legal industry needs, and Georgetown Law is looking to help students shape the conversation.
schools  it  robolawyer 
november 2016 by JordanFurlong
University of Toronto Law Journal: Vol 66, No 4
ARTIFICIAL INTELLIGENCE, BIG DATA, AND THE FUTURE OF LAW
data  robolawyer  future 
november 2016 by JordanFurlong
Littler Mendelson Gambles on Data Mining as Competition Changes | Law.com
Littler Mendelson Gambles on Data Mining as Competition Changes
An MIT Ph.D. is diving deep into data analytics for the labor and employment firm. But Littler is not alone.
data  robolawyer 
november 2016 by JordanFurlong
3 Partnerships Bringing AI to GCs and Compliance Professionals | Legaltech News
3 Partnerships Bringing AI to GCs and Compliance Professionals
Clutch Group is betting it can make AI more "accessible" and "intelligible" to stakeholders via automated compliance, surveillance tools.
robolawyer 
november 2016 by JordanFurlong
All Eyes on AI: The New Focus of Legal Tech | Legaltech News
In this week's focus on AI, buzz grows around machine learning’s application to the legal world.
robolawyer 
november 2016 by JordanFurlong
The big law firm of the future - AI, digital robots and blockchain - Legal Futures
Big law firms will be using predictive analytics and artificial intelligence (AI) not only to predict where growth in services will be, but also which clients and cases are worth pursuing, according to PwC’s vision of the law firm of the future that also foresaw digital robots taking over “routine and standard human transactions”.
it  robolawyer  future  firms  analytics  predictive 
october 2016 by JordanFurlong
OutsideIQ's DDIQ Leverages Artificial Intelligence for Automated Anti-Bribery Compliance | Legaltech News
In employing "AI," OutsideIQ CEO and founder Dan Adamson explained that DDIQ uses natural language processing and machine learning to mimic the "same cognitive process as a due diligence researcher."
Additionally, the tool automates ISO 37001 compliance by producing a "due diligence report" on a specific individual, after assessing whether an individual is a "politically exposed person." This is done by checking the name against "structured lists developed by teams of researchers," including those at the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), as well as checking open web media and the dark web, Adamson said.
DDIQ is far from the only platform to leverage AI toward human-like review capabilities. Lex Machina, for example, uses AI technology to comprehend and extract key pieces of unstructured legal case and court data from documents such as pdfs, essentially understanding the content of the data.
And it is this understanding that is making AI an essential part of compliance tools.
robolawyer  compliance  ethics 
october 2016 by JordanFurlong
The Use of Artificial Intelligence to Facilitate Settlements Through ODR – Slaw
And this is where artificial intelligence links up with our research on online dispute resolution. Let us take the example of British Columbia’s Civil Resolution Tribunal, where individuals locked in a strata dispute can log on to the CRT website to try and settle their dispute. As a reminder, the process begins with using the Solution Explorer to help understand the context of the case before entering into an online negotiation phase. Should negotiations hit a wall, a facilitator joins parties to try to bring them together. Should the facilitator fail, the Tribunal will render a decision.
Now, imagine if, instead of having to type in their complaint, litigants were able to speak to the system and be guided through the resolution process (think of an ODR version of Siri). Imagine if, through a study of similar patterns, the system could also give parties (including the facilitator and tribunal) statistics as to the success rate of similar claims, the amount granted, etc. These tools could facilitate settlements, make the tribunal’s work easier, and create a certain predictability that is often lacking in ODR procedures. In other words, incorporating machine learning capacities into ODR applications made available to the courts could go a long way in making the judicial system more accessible for all Canadians. In our opinion, this is the way to truly harness the power of A.I. That is why the cyberjustice Laboratory is collaboration with experts in machine learning to hopefully develop the next generation of ODR applications for the courts.
robolawyer  odr 
october 2016 by JordanFurlong
ROSS Intelligence Lands Another Law Firm Client | The American Lawyer
Womble Carlyle Sandridge & Rice announced Wednesday that it has become the latest big firm to ink an agreement with ROSS Intelligence, a legal research service that made waves earlier this year. The company touts its ability to apply advances in “machine learning” to legal services, leaving some to worry, probably prematurely, about hordes of robot lawyers.
ROSS announced its first big firm client in April when it partnered with Baker & Hostetler, which is using the San Francisco-based company to assist in bankruptcy matters. The American Lawyer caught up with ROSS co-founder Andrew Arruda in June to discuss his company’s subsequent agreements with two more firms, Latham & Watkins and Milwaukee-based von Briesen & Roper. The CEO of 150-lawyer von Briesen recently invited Law.com to a demonstration of how the firm is using the new AI technology.
ROSS has emerged as one of the top new vendors offering a competitive advantage to firms in the AI-infused legal search space. Womble Carlyle, a roughly 500-lawyer firm that in June forged a strategic alliance with British firm Bond Dickinson, likened ROSS to an AI lawyer that will help its own staffers perform basic search functions faster so that can provide more efficient counsel to clients.
robolawyer 
october 2016 by JordanFurlong
McCann FitzGerald | News & Media | News | McCann FitzGerald leads legal innovation in Ireland
Premier Irish law firm McCann FitzGerald today announced its investment in artificial intelligence software from leading software provider Kira Systems. Having successfully trialled the state-of-the-art Kira software, it will be deployed in M&A, corporate finance and capital markets transactions, resulting in increased efficiency, greater accuracy and lower costs for clients.
robolawyer 
october 2016 by JordanFurlong
Fenwick Leverages Kira Systems’ AI Platform to Help Clients Reduce M&A Risks
Fenwick & West today announced it has partnered with Kira Systems to immediately deploy Kira’s artificial intelligence (AI) tool for document review and analysis during the due diligence process for its mergers and acquisitions (M&A) practice.
"Fenwick has invested heavily in tools and processes that make our M&A practice as fast and efficient as possible. Kira allows us to continue this progress by harnessing the power of AI and machine learning in our M&A work,” said Ralph Pais, technology transactions partner at Fenwick. The firm selected Kira after testing it on real M&A deals, and found that the benefits were significant.
“Fenwick is well known as an innovator in the legal industry, and we’re very pleased to be working with them,” said Noah Waisberg, CEO and co-founder of Kira Systems. “Kira will help amplify the expertise that Fenwick brings to its leading technology and life sciences M&A practice.”
robolawyer 
october 2016 by JordanFurlong
Osler Works - Transactional launches in Ottawa
All clients expect their law firms to innovate and collaborate with them in the delivery of practical, cost-effective legal solutions. One area that affords the greatest opportunity for a more nimble service model is capital markets/transactions support. Osler Works - Transactional is a fully staffed and technology-enabled platform that supports our deal teams with a streamlined and consistent set of due diligence and closing-related services for our clients.

“Osler has a history of investing in innovation so we know how to design, test and deliver a new practice model for critical aspects of our business. Our transactions work will always be fundamental to Osler’s business. We recruited a core team of specialists to support services such as due diligence, contract analysis, searches, minute books and closings in a manner that is transparent and predictable,” says Emmanuel Pressman, Chair of Osler’s Corporate Department. 

A dedicated team under the direction of Natalie Munroe is already working with Osler clients to deliver these service offerings. Natalie brings a 360 degree perspective to this new role at Osler. She is a well-respected lawyer who has practiced on both sides of the border and has served as senior legal counsel in-house.
robolawyer 
october 2016 by JordanFurlong
News and insights - Freshfields continues innovation strategy with machine learning partnership
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Freshfields has announced a strategic partnership with machine learning software provider Kira Systems

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has announced a strategic partnership with machine learning software provider, Kira Systems. The firm will use Kira in its Legal Services Centre to support efficient delivery of transactional work across all practice groups.

The software uses machine learning, a type of artificial intelligence technology, to enable fast and accurate contract review. The adoption of this technology is reflective of the firm’s focus on innovation and its commitment to providing the most efficient service to clients. 

Freshfields made the decision to adopt Kira after a yearlong trial of different machine learning technology solutions.  The firm chose Kira because, unlike other machine learning software, it allows Freshfields’ lawyers to train the algorithm to meet their specific needs.
robolawyer 
october 2016 by JordanFurlong
The Early Years Begin for AI’s Transformation of Law | Legaltech News
A recent adapter of AI technology is UK law firm Freshfields Bruckhaus Deringer, which recently inked a deal with Kira Systems (who also has deals with Clifford Chance and DLA Piper) to employ its technology for document review. Specifically, Kira’s technology allows the firm to, as Legal Week describes, “search and analyze contract text,” and is applicable “across a number of different areas including due diligence, general commercial, corporate, real estate and compliance.”
robolawyer 
october 2016 by JordanFurlong
Regulating Driverless Cars, the U.S. Takes the Lead | Stratfor
Self-driving cars will fundamentally change the transportation sector. But as U.S. automotive and energy storage company Tesla recently learned when an autopilot feature went awry, actually developing cars that drive without human intervention will be more challenging than anticipated. Still, the United States is taking the lead in developing the technology, largely because it is defining the future regulations that will facilitate its use.
schools  robolawyer 
september 2016 by JordanFurlong
Regulate this – Slaw
Most people today are employees who drive cars and get married. Most people today deal with law only when they are fired, ticketed, or divorced. (It’s nice that the vast majority of people never interact with the criminal justice system.) So most access-to-justice issues have to do with employment, personal injury/traffic, and family law. This is because these are the main three areas of social complexity and government regulation in most people’s lives. When there is no complexity or regulation, there are few access-to-justice issues because there is no need for lawyers.
regulation  robolawyer 
september 2016 by JordanFurlong
Cisco GC: Legal Departments Must Adapt or Fail | Corporate Counsel
The change is already happening, Chandler said. Legal departments have started using digital processes for previously manual work. Now there are faster nondisclosure agreement processes, document automation and e-signatures. Next, it'll be machine learning, artificial intelligence and complete transparency in legal services. Chandler said that, already, services like Rocket Lawyer are providing basic, commoditized work for low prices. When in-house counsel can price check legal services with a quick Google search, they're going to expect the same type of transparency in everything they buy from outside counsel, Chandler said. Lawyers will need to prove their pay.
client  robolawyer 
september 2016 by JordanFurlong
Artificial Intelligence and the Law: Smarter Than You? | Law.com
Applying artificial intelligence to the practice of law is no longer the stuff of science fiction. But what does legal AI really offer right now? How fast is it improving? And who stands to benefit the most? Meet the people and firms pioneering the answers to those questions below. New technologies will change the way you practice. Here’s how.
robolawyer 
september 2016 by JordanFurlong
How Google Runs Their Legal Team – Field Notes From The Future – Medium
Every company does things differently, which means that law firms also customize their solutions, contracts and advice in infinite different ways.
In addition to her role at Google, Mary is on the leadership team of a group called CLOC, the Corporate Legal Operations Consortium. When members of the group started talking to each other, they realized that this level of customization was often unnecessary. They had the same goals, and only came up with different approaches because there was no standard playbook for getting things done.
Standardization, for CLOC and Google, is one of the ways they plan to challenge the highly bespoke, tailored nature of legal services today.
standardization  client  process  robolawyer 
september 2016 by JordanFurlong
Article: Bucerius Herbsttagung
Kim allows knowledge workers, business owners and even lawyers with no programming skills to create virtual process assistants to automate data, documents and workflows for their own businesses and/or for their customers.
Its artificial intelligence assimilates everything needed to create such virtual assistants quickly and easily, irrespective of industry and size of business.
As to whether personal assistants are still needed, many of the tasks formerly carried out by personal assistants are already carried out in different ways, enabled by technology such as integrated electronic calendars, mobile email, smartphone apps etc. Arguably the role has shifted to that of a knowledge worker, responsible for managing and manipulating information in a vast range of forms. Technology such as Kim helps to empower knowledge workers by increasing their efficiency and effectiveness within any organisation.
km  robolawyer 
september 2016 by JordanFurlong
Dentons Invests in Transactional Software | Big Law Business
Nextlaw Labs, the wholly owned subsidiary of Dentons, announced Monday it is investing an undisclosed amount in Doxly, a tech start up that aims to automate legal transactional work.

Its earlier investments targeted ROSS, a legal search tool for bankruptcy cases powered by IBM’s Watson technology, and Apperio, a U.K.-based company that offers matter management and fee tracking technology.

Doxly is a cloud-based software for lawyers conducting due diligence or working on transactions, such as mergers and acquisitions. It provides “automated workflows” to simplify things, like collecting signatures, checklists and document-level collaboration.
robolawyer 
september 2016 by JordanFurlong
Rise Of The Machines Continues As Another Top Firm Signs AI Deal | Law.com
In some respects, Slaughters is an unlikely early adopter of AI technology. The firm isn’t exactly known for innovation or being ahead of the curve. Quite the opposite, in fact: Slaughters prides itself on tradition and restraint. It is the only top U.K. firm not to have converted to a limited liability partnership and does not publicly disclose—or discuss—its financial performance. Save for small outposts in Brussels, Paris, Beijing and Hong Kong, it has eschewed globalization in favor of referral relationships with firms it quaintly refers to as its “best friends.” It was only relatively recently that Slaughters started doing marketing and PR. The fact that such a conservative and change-averse firm has jumped on the AI bandwagon is a pretty clear indication that this technology is not just a passing fad. Expect to see more firms license AI technology in the near future.
robolawyer 
september 2016 by JordanFurlong
Replacement or Augmentation Current Attitudes Around AI | Legaltech News
In recent months, some law firms have been receptive of AI technology, implemented by Big Law players such as Wachtell, Lipton, Rosen & Katz, Baker & Hostetler, Clifford Chance, and DLA Piper. Latest to the fold is Slaughter and May, a U.K.-based firm which recently signed a deal with technology company Luminance, which is backed by a technology investment fund. According to The Lawyer, the software's purpose is to employ AI in reading and understanding "hundreds of pages of legal documents every minute."
Yet Slaughter and May senior partner Steve Cooke tells LegalWeek that the firm isn't looking to replace its associates with robots. Rather, he says, the technology will instead help junior lawyers. "It gives them their lives back. A lot of the due diligence work is not the most exciting work for lawyers."
It's no surprise when more forward-looking firms employ AI, but, as Chris Johnson writes in Law.com, Slaughter is "an unlikely adapter of AI technology," not known for "innovation or being ahead of the curve," and instead priding "itself on tradition and restraint." But now, as Luminance CEO Emily Foges tells The Law Society Gazette, with the firm's help, the company is "designing the system to understand how lawyers think, and to draw out key findings without the need to be told what to look for."
robolawyer 
september 2016 by JordanFurlong
Magic circle firm pilots AI technology ‘trained to think like a lawyer’ | News | Law Society Gazette
ughter and May is the latest firm to turn to artificial intelligence (AI) in document analysis, piloting technology that has been ‘trained to think like a lawyer’ for due diligence matters.

The magic circle firm announced today that it has been testing software from Cambridge company Luminance on merger and acquisition matters.

The software is claimed to be able to automatically read and understand hundreds of pages of detailed and complex legal documents every minute. 

Slaughter and May senior partner Stephen Cooke (pictured) said: ‘The legal due diligence process is ripe for the revolution that AI offers. Luminance is an exciting development in this key area of legal process innovation.’

Luminance was founded by lawyers, M&A experts and mathematicians. Its technology is based on research and development at the University of Cambridge. It is based on a mathematical technique for estimating probability called recursive Bayesian estimation theory. 
robolawyer 
september 2016 by JordanFurlong
For Aetna's In-House Counsel, AI in Contract Review is All About Scale | Legaltech News
AI proved vital in bringing speed and efficiency to the review process, which Klemyk said was due not only to the technology's ability but also to the ease with which it was deployed. But she cautioned that such seamless execution was rare in the industry. "Typically, companies will bring in software and people will have to go and sit in lengthy trainings and, if they don't use it in a week, they'll forget some of its functionality."
robolawyer  roboclients 
september 2016 by JordanFurlong
How Artificial Intelligence is Already Transforming Legal Services | Legaltech News
As readers of this magazine can attest, machine learning's benefits are becoming increasingly known and adopted in document review, and riding this hype is Microsystems, which used ILTACON to both announce a PDF cleanup feature (which converts PDFs to Word docs then uses "artificial document intelligence" to identify and remove errors and unnecessary coding) and the use of its Contract Companion tool at Drexel University Thomas R. Kline School of Law for a course in contract drafting.
robolawyer 
september 2016 by JordanFurlong
Mining judgments for winners and losers
Success rates are not something normally tracked in the legal business and likely not one that will be welcomed with open arms, but why not? Many organizations publish key performance indicators (think investment firms and money managers). Why shouldn’t consumers know more about high-billing lawyers and a law firm’s track record when it comes to the core service for which they are being retained?

Big data and predictive analytics have found their place in a number of industries, particularly retail and financial services to optimize pricing and push more products.
predictive  it  innovation  robolawyer 
september 2016 by JordanFurlong
MSU Course Teaches Law Students to Use Automation Tools | Legaltech News
inna said that while the tool doesn't necessarily require users to use straight code, it can be a useful tool to teach students about coding logic, which will ultimately help them think about the full range of opportunities for automation inside and outside legal-service delivery.
"I was very impressed with the tool, and very impressed with the possibility it has outside the legal space," Linna said.
Linna said that the LegalRnD program overall focuses on preparing students to think creatively about modern legal needs.
"LegalRnD's mission is to improve legal-service delivery and access to legal-services for everyone. Much can be accomplished by creating standards and best practices and using technology to automate time consuming, manual processes," Linna said in a statement.
Linna said that while discussions about legal technology and how to innovate in the legal industry can be overly dominated by clickbait-like topics, LegalRnD's use of the TAP tool could help draw students into the specific procedures that make for greater automation.
schools  innovation  robolawyer  careers 
august 2016 by JordanFurlong
Jordan Furlong: AI Should Be Helping Lawyers Move Up The Value Chain – artificial lawyer
AI should be helping lawyers move up the value chain by removing from their dockets the most mindless and mundane tasks that have consumed so many billable hours over the last few decades. Lawyers who have great skills in analysis, judgment, advocacy, risk assessment, or risk prevention will benefit by escaping the billable demands of drone work and developing higher-priced, higher-value offerings that are not subject to automation or algorithm. Lawyers who don’t have these skills need to learn them. And that’s why every law school, bar admission program, and CLE provider in the world should be gearing their curricula to building these skills immediately.
jf  robolawyer 
august 2016 by JordanFurlong
Artificial Intelligence Has Found a Home in Contract Management | Legaltech News
Larry Bridgesmith, professor at Vanderbilt University Law School, sees the beginnings of AI adoption in contract management as a window into future opportunities to improve this work.
"I'm beginning to be very encouraged by its potential state. What I'm seeing is the advancement of technology to be more systematized as opposed to a more ad hoc activity," Bridgesmith says.
Although Bridgesmith thinks that predictive algorithms and automation are still somewhat in their infancy within the legal community, AI could lead attorneys to much faster, more accurate contract management.
robolawyer  contracts 
august 2016 by JordanFurlong
This Week in AI, The Law Firm Approach, The Displacement Decade, and Modern Machine Learning | Legaltech News
Yet often used as a counter-argument to lawyer displacement is the claim that the lawyer’s job will be augmented rather than automated by AI. This is the angle taken by ROSS CTO Jimoh Ovbiagele, who tells Wired that at the age of 10, while his parents were undergoing a divorce, he noticed that the legal fees grew increasingly expensive, leaving his parents to abandon the plan. In high school, Ovbiagele discovered that a lawyer spends most of his or her time researching. Ovbiagele says that upon becoming a computer scientist, he “thought back to that big problem lawyers face in their day-to-day work, and how it impacts regular people.”
robolawyer 
august 2016 by JordanFurlong
Behind the Hype: AI’s Deployment, and What it Means for the Legal Market | Legaltech News
Whereas before AI, attorneys would only review a portion of a document set, "and decide to accept the risk of the others that have not been reviewed," with AI, attorneys can go through "all of their client contracts and only pluck out the ones that get flagged as potential risk and review those in more detail," he explained.
What's more, in most instances, attorneys without technical acumen can easily use and deploy AI. Chapman, for example, noted that Riverview's Kim Platform, which uses assimilation technology to absorb documents and build workflow and processes in order to aid decision-making, "can be configured by individuals who have Microsoft Office-level IT skills. There is no need for IT development or programming expertise."
While barriers to deployment are low, Obenski believes that in the future they will shrink even further as AI's capabilities grow to the point where it can train itself to handle a specific task.
"For the near future, what's super interesting from our perspective—and something we are already working on—is unsupervised machine learning. This is where it can let the machine study a volume of data and it can suggest to you, 'Hey, you might want to look at this because this is aberration or otherwise interesting.,"
robolawyer 
july 2016 by JordanFurlong
Why Axiom’s new tech-led derivatives offering is worth paying attention to | Legal IT Insider
It is worth paying attention to. Axiom has won work from seven global banks to help them prepare for forthcoming changes in derivatives regulation across the European Union, United States and Asia, leveraging its tech and a team of over 300 legal, negotiation and regulatory specialists trained in derivatives documentation.
A massive challenge for banks that would traditionally have been dealt with by law firms throwing copious bodies at the problem, preparations for the new margin variation rules will see Axiom use its proprietary cloud-based technology, IRIS, to extract key contractual terms from existing agreements and automatically generate new agreements that are compliant with rules now coming into place in 2017. The technology mitigates risk by ‘hard-wiring’ adherence to clients’ negotiating policies and creates a comprehensive audit trail.
innovation  robolawyer  flex  competition  banks 
july 2016 by JordanFurlong
Clifford Chance Partners with Kira Systems, Using AI to Expand Review, Cost-Saving Capabilities | Legaltech News
International law firm Clifford Chance announced a partnership with Kira Systems wherein they will deploy Kira's machine-learning AI technology for document and contract review. In a statement announcing the partnership, Bas Boris Visser, the newly appointed global head of innovation and business change at the firm, noted the partnership was a part of the firm's continuing focus on providing efficiencies and cost-savings for its general counsel clients.
"Our clients are under substantial pressure to reduce legal spend. At the same time, they need more support to manage the increasing risks and complex issues that their companies are facing," he said.
Paul Greenwood, CIO of Clifford Chance, added that clients have been focused on lowering cost operations for years, and the firm has tried to stay on the cusp of innovations in the legal space, in part through their "Continuous Improvement" program. The move to Kira's AI technology, he said, offers "opportunities to improve efficiency, and Kira is a great example of this as it can significantly reduce the amount of manual effort spent on some activities."
robolawyer  firms  innovation 
july 2016 by JordanFurlong
Chatbot lawyer overturns 160,000 parking tickets in London and New York | Technology | The Guardian
An artificial-intelligence lawyer chatbot has successfully contested 160,000 parking tickets across London and New York for free, showing that chatbots can actually be useful.
robolawyer  app 
july 2016 by JordanFurlong
Lawyers Are Too Damn Expensive, and These Legal Hackers Want to Fix That | Motherboard
This might be changing. Increased provincial funding and recent boosts by the federal government means 400,000 more Ontarians are eligible for Legal Aid than they were 18 months before, as David Field, CEO of Legal Aid Ontario, noted in a recent op-ed. The province has also said it will improve financial eligibility, and the federal government has dedicated an additional $118 million to legal aid plans across Canada in the next five years, he said.
access  it  robolawyer 
july 2016 by JordanFurlong
Disruption? More Like Incremental Change for Big Law (Perspective) | Big Law Business
Many commentators who forecast Big Law disruption seldom explain just how and why it will occur. So I felt the need to bring some sober thinking to what’s actually likely. I hope my conclusions are wrong — that would please me.
disruption  robolawyer 
june 2016 by JordanFurlong
The robot lawyers have arrived... - HighQ
Greg took the stage and showed the app that Neota had embedded into Collaborate. With the touch of one button marked, “Run Lease Assessment” the app performed four tasks for each lease. 
robolawyer 
june 2016 by JordanFurlong
DLA Piper to use artificial intelligence for M&A document review
DLA Piper will use artificial intelligence technology by Kira Systems for due-diligence document review in mergers and acquisitions.

Kira’s machine-learning software searches texts in contracts, then creates a summary and analysis, according to a press release announcing the deal. Law.com (sub. req.) has a story. Such software is designed to get smarter as it is used.

Jonathan Klein, chair of DLA Piper’s U.S. mergers and acquisition practice, said in the press release that the technology will make due diligence faster and more efficient, and will mitigate risk throughout the due diligence practice.
robolawyer  innovation 
june 2016 by JordanFurlong
G+T wants to use computers to cut lawyers' work | afr.com
Gilbert + Tobin is committing the legal-industry equivalent of heresy: using computers to reduce billable hours. In an Australian first for a major law firm, G+T has filed several patent applications to cover new computer applications it has built. The technology automates manual and time-consuming  database searches and streamlined aspects of corporate transactions.

"Rather than take 20 hours, some tasks can now be done in two hours," said intellectual property partner John Lee, who was involved in developing the computer programs.
firms  innovation  robolawyer  it  process 
june 2016 by JordanFurlong
Magic Circle meets big four – A&O teams up with Deloitte for pioneering JV targeted at banking giants | www.legalbusiness.co.uk
A&O claims the system can create a document that would conventionally take three lawyer hours in just three minutes. On its estimate, the 10,000 OTC contracts a major bank would normally hold can be processed in 12 weeks with one person deploying the system, against 15 years of lawyer hours.

A&O will run the programme and provide legal input, while Deloitte will provide project management to large teams of negotiators in multiple jurisdictions.

A&O derivatives partner David Wakeling came up with the concept. He said the programme 'will allow [major banks] to carry on trading derivatives without worrying that they may be, for example, complying with the US rules, but they're not compliant with the Singapore rules. What we're doing is gold plating all the regimes and making sure their trading relationships works all over in the world.'
robolawyer  accountants  competition  it  compliance 
june 2016 by JordanFurlong
Digital legal services for low-income clients "close to tipping point" - Legal Futures
an annual update to last year’s report on the provision of digital services, Digital delivery of legal services to people on low incomes, backed by the Legal Education Foundation, Professor Smith said this was an “exquisitely difficult moment” for people committed to access to justice.

The potential of technology was “exciting” but there was also a danger that people on low incomes and their advisers could be “passed over in the dash for technology”.

He highlighted trends during 2016 that could affect legal services for people on low incomes. These included the maturing of online legal solutions pioneered by the Dutch Rechtwijzer project, automated document assembly, unbundling, and the report by Lord Justice Briggs on creating an online court.

Professor Smith said it was “striking how much has changed over the last year” and that the developments amounted to “the sense of the arrival of a tipping point, at least in England and Wales”.
access  robolawyer 
june 2016 by JordanFurlong
Latham, Wisconsin Firm Reach ROSS Intelligence Partnerships | The American Lawyer
Latham & Watkins and Milwaukee-based von Briesen & Roper are the latest big firms taking to the artificial legal intelligence space.
Less than a month after Baker & Hostetler confirmed its license with ROSS Intelligence, an AI system powered by International Business Machines Corp.’s Watson technology, the two other firms were named publicly Friday at Stanford Law School’s CodeX FutureLaw Conference 2016.
News of Latham’s involvement with ROSS first emerged on legal technology sites earlier this month, one of which noted that others using the AI tool include global legal giant Dentons and British firm Berwin Leighton Paisner, which broke off merger talks with Greenberg Traurig in March. (Dentons chief innovation officer John Fernandez told The Am Law Daily earlier this month that the firm was continuing a pilot initiative with ROSS.)
“We are delighted to be working with ROSS Intelligence,” said a statement by Latham’s chief information officer, Kenneth Heaps, who in recent years has pushed the firm into new areas of technology. “We are exploring many interesting applications for AI, machine learning and other cognitive computing tools which we are excited to pilot and deploy in the service of our clients.”
robolawyer 
may 2016 by JordanFurlong
How AI And Crowdsourcing Are Remaking The Legal Profession | Fast Company | Business + Innovation
Though companies like Ravel and Lex Machina employ sophisticated AI, they don't claim to provide a robolawyer. "What we're hopefully doing is finding cases that you need to understand," says Nik Reed of Ravel. "Professional lawyers have to use their intuition and their best judgment to understand the law."
robolawyer  research  it 
may 2016 by JordanFurlong
AI Pioneer ROSS Intelligence Lands Its First Big Law Clients | The American Lawyer
In the latest sign that the use of artificial intelligence may eventually become common in Big Law, Baker & Hostetler has emerged as the first law firm to make public that it has licensed the artificial intelligence product developed by ROSS Intelligence for bankruptcy matters.
robolawyer  firms 
may 2016 by JordanFurlong
ROSS and AI: The Next Step in Legal Tech | Legaltech News
ROSS in reality is a legal research platform that leverages machine learning capabilities to continuously improve its search capabilities. At first appearance, ROSS looks like any other search bar. With this toolbar, however, lawyers can “ask questions in their natural language” and get court results. What sets it apart, explained Arruda, is that ROSS will automatically direct users to a case portion that is directly relevant to their query. This, he said, means, “no more fumbling around … we’re talking about highly targeted passes of law that answer your question.”
research  robolawyer 
april 2016 by JordanFurlong
Dewey B Strategic: “Westlaw Answers” Looks A lot Like AI to Me. Westlaw Releases Major New Features – And It’s All in Your Contract!
There has been great anticipation surrounding the recent announcement that Thomson Reuters was entering into an alliance with IBM to use their Watson technology.  Westlaw’s new feature especially “Westlaw Answers” caused me to assume that this must be a progeny of their Watson collaboration—but I was wrong. Westlaw has just built a number of powerful new features for workflow, analysis and collaboration using their existing algorithms and technology.  Westlaw doesn’t seem to be promoting this as AI but the results are pretty darn close to what I have see from AI platforms. Since Westlaw will not charge for "Westlaw Answers," they may have finally developed the long awaited antidote to associate angst about incurring charges on Westlaw. If Westlaw has an answer to the associates question – the answer will be delivered automatically without incurring any special charges.  Let me be the first to shout “Hallelujah!”
robolawyer  research 
april 2016 by JordanFurlong
alt.legal: Can Computers Beat Humans At Law? | Above the Law
“We see ourselves as the company building AI solutions in law. When we hear that lawyers don’t like change, that’s not quite right. Lawyers can accept change, lawyers just don’t like risk. When you can show that the technology really works, they become huge advocates. We are part of a group of companies that can come in and bridge that gap and enable lawyers to provide more services to more people.”
robolawyer 
april 2016 by JordanFurlong
How artificial intelligence is transforming the legal profession
“When AI is coupled with big data, the solutions formed can unintentionally conflict with workplace laws, some of which were written 50 to 100 years ago,” says Garry Mathiason of Littler Mendelson. “For example, big data shows that the closer one lives to where one works correlates with job longevity. When this finding is discovered by a brilliant machine evaluating applicants, it is likely that those hired will disproportionally live close to where the company is located. What happens if the company is located in a rich, nondiverse neighborhood? This seemingly benign process may be having a disparate impact on the diversity of those hired, leading to a claim of racial discrimination.”
robolawyer  it 
march 2016 by JordanFurlong
Perspective: Lawyers Face Displacement — Breaking Up is Hard to Do | Big Law Business
alas, ye legal Luddites, there is a new scourge upon the legal landscape: machine learning, artificial intelligence, natural language processing. It goes by many names — computer programs that are on the brink of being able to analyze, synthesize, categorize, and classify documents and contract provisions — at a level that could make some lawyers quake in their designer shoes.

This is a new paradigm in the legal industry. The economic imperatives are unavoidable. High billable rate associates can be greatly assisted, if not eventually replaced, by computer programs that learn by modeling human decisions. The unsettling thing for some lawyers not previously threatened by outsourcing is that the type of tasks that are starting to be automated are far more complex and impinge on their expertise and decision-making ability.
firms  it  robolawyer  laterals 
march 2016 by JordanFurlong
Prism Legal Online Legal Services - Prism Legal
I updated this list in May 2012. At that time, I checked and confirmed all links. Since then, I have added services I have since found, noted below (just above the list of services in smaller type). As usual, link rot may occur.
robolawyer  it  firms  innovation 
march 2016 by JordanFurlong
Deloitte Insight: Over 100,000 legal roles to be automated | Legal IT Insider
Over 100,000 jobs in the legal sector have a high chance of being automated in the next twenty years, according to extensive new analysis by Deloitte. 
The Deloitte Insight report, which predicts “profound reforms” across the legal profession within the next 10 years, finds that 39% of jobs (114,000) in the legal sector stand to be automated in the longer term as the profession feels the impact of more “radical changes.”
Spurred on by the quickening pace of technology, shifts in workforce demographics and the need to offer clients more value for money, this transformation will mean that by 2020, law firms will face a ‘tipping point’ and the need for a new talent strategy, with the report finding that “businesses must prepare effectively now so they are not left behind by the end of the decade.”
Automation, changing client demands and the rise of millennials in the workplace will significantly alter the nature of talent required by law firms in the future, according to the report: ‘Developing legal talent. Stepping into the future law firm.’
robolawyer  accountants  innovation  jobs 
march 2016 by JordanFurlong
Running The Numbers - Premonition
“Lawyers have traditionally been a little bit slow in adapting to technological change,” says Stewart, a member of the state Bar’s board of governors. “More attorneys are going to have to adapt, particularly in litigation work for predictive outcomes”, he says. Walters say’s analytics enable attorneys to “practice with more confidence” since they’ll have a better idea of potential outcomes, but he says clients will benefit, too.

“I think the bigger impact is going to be on clients because I think their litigation cost are going to go way down”, He says. “Cases will settle earlier because everyone understands the range of outcomes much better. I think it will take a lot of the friction out of the legal system when you can tell algorithmically that the contract you’re looking at is standard. You don’t have to spend so much money negotiating it or rewriting it or fighting over the drafting.
data  analytics  robolawyer 
march 2016 by JordanFurlong
Manufacturing Jobs Are Never Coming Back | FiveThirtyEight
Here’s the problem: Whether or not those manufacturing jobs could have been saved, they aren’t coming back, at least not most of them. How do we know? Because in recent years, factories have been coming back, but the jobs haven’t. Because of rising wages in China, the need for shorter supply chains and other factors, a small but growing group of companies are shifting production back to the U.S. But the factories they build here are heavily automated, employing a small fraction of the workers they would have a generation ago.

Look at the chart below: Since the recession ended in 2009, manufacturing output — the value of all the goods that U.S. factories produce, adjusted for inflation — has risen by more than 20 percent, because of a combination of “reshoring” and increased domestic demand. But manufacturing employment is up just 5 percent. And much of that job growth represents a rebound from the recession, not a sustainable trend. (The Washington Post’s Abha Bhattarai had a great story this week on what the much-touted “manufacturing renaissance” really looks like through the eyes of one Georgia town.)
jobs  robolawyer 
march 2016 by JordanFurlong
Interview with Dr. Roland Vogl (CodeX) – A Legal Tech Pioneer | Legal Tech Blog
A lot of legal information is still in natural language form that computers have difficulty to comprehend. The more we structure legal information (be it in legislation, court rulings or contracts, etc.) in a way that computers can more easily access and process the information, the more the workings of law will become analyzable and understandable to the people who are working with the law and those who are subject to it.
it  robolawyer 
march 2016 by JordanFurlong
The End of Lawyers, Period.
While I thought the answer was honest, I did not think it was complete. Because no one, including Laughlin, seems to have any idea what higher value activities these dislocated resources are going to be redeployed to do. It is easy to imagine a world where partners rely on machines instead of associates to do work that is already being done. It is much harder to configure a future where the machines have taken on those tasks while leading to employment of additional associates to perform higher value work that (a) no one is currently doing and (b) the capable machines, who replaced the associate in the previous work, cannot handle. That doesn’t mean it won’t happen. The markets work in mysterious ways, and it is often hard to identify in advance the exact mechanism by which a transformational technology will increase, rather than reduce, the demand for human labor.
innovation  robolawyer  future 
march 2016 by JordanFurlong
21st Century Contract Review: Deloitte Announces Deployment of Kira A.I. Software | Legaltech News
hose fretting about the overreliance of machines, and the prospect of “machine-learning,” may be too late to the game — and may soon find themselves left behind in industry’s future.
Deloitte announced a partnership its Kira systems, a provider of A.I. machine learning software focusing on contract analysis and document review. Deloitte has deployed a customized version Kira’s software throughout its audit and consulting departments to increase its operational efficiency and productivity.
“When we started with Kira, certainly the core focus was the review of contracts; within and across Deloitte, many of our services areas focus on review of a large volume of contracts,” said Craig Muraskin, managing director of Deloitte's U.S. innovation group. He added that the company had been searching for efficient review technology for some time.
robolawyer  accountants  competition  innovation 
march 2016 by JordanFurlong
Deloitte Forms Alliance with Kira Systems to Drive the Adoption of Artificial... -- NEW YORK, March 8, 2016 /PRNewswire/ --
 Deloitte today announced an alliance with Kira Systems to bring the power of machine learning to the workplace, an innovation that could help free workers from the tedium of reviewing contracts and other documents. 

The alliance combines Deloitte's business insights in cognitive technologies with Kira Systems' advances in machine learning in creating models that quickly "read" thousands of complex documents, extracting and structuring textual information for better analysis.

This capability holds broad applications for the marketplace, said Craig Muraskin, Deloitte LLP, managing director of Deloitte's U.S. Innovation group, as the extensive review of documents underpins many pressing business activities, including investigations, mergers, contract management and leasing arrangements.
innovation  robolawyer  competition  accountants 
march 2016 by JordanFurlong
UK Court Approves Technology-Assisted Review in Case for First Time | Legaltech News
On Feb. 16, in the case Pyrrho Investments and MWB Business Exchange v. MWB Property and others, Master Matthews of English High Court allowed the parties to proceed with predictive coding in the case, marking TAR’s first use in UK courts.
In the decision (hosted online by Chris Dale of the eDisclosure Information Project), Master Matthews noted, “So far as I am aware, no English court has given a judgment which has considered the use of predictive coding software as part of disclosure in civil procedure.”
To formulate the opinion in the absence of this precedent, Master Matthews cited ten factors that led him to favor approving predicting coding in the case. Included among these are that “[t]here is no evidence to show that the use of predictive coding software leads to less accurate evidence than, say, manual review alone” and that “there will be greater consistency in using the computer to apply the approach of a senior lawyer towards the initial sample (as refined) to the whole document set, than in using dozens, perhaps hundreds, of lower-grade fee earners...”
predictive  courts  it  innovation  robolawyer 
february 2016 by JordanFurlong
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