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Legal Analytics
MARKET RESEARCH ON LATEST DEVELOPMENTS
By:
Yeswanth Yenisetti
Background
But now theres a third leg to the law practice stool - Legal
Analytics
History
Machine learning and data mining for e-discovery and other legal
applications
Latest tools crawl web-based service across the Internet for data
from all known, reliable sources of law information. The service
makes predictions on how a new case will fare by weighing a number
of variables, including the feature of the case and the ruling history
of the judge the attorney will likely be facing
Data Detection
Fee Facts- Helps law firms to get an insiders view into what
corporate legal departments are willing to pay before they show
up at the negotiating table and provide competitive advantage
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Bottom line
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References
https://lexmachina.com/law-firms/
http://deepblue.lib.umich.edu/handle/2027.42/116230
https://en.wikipedia.org/wiki/Artificial_intelligence_and_law
http://www.abajournal.com/magazine/article/the_dawn_of_big_dat
a/
https://www.huronconsultinggroup.com/Insights/Perspective/Legal
/QandA-Legal-Analytics-Today-and-Tomorrow
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