The growing use of legal analytics is rapidly transforming the practice of law. Within law firms, analytics drive litigation strategy, business development efforts, and hiring decisions. Within corporate legal departments, analytics drive outside counsel hiring and internal business operations.
Revised ABA Report on Innovation Stripped Out All Mention of Rule 5.4
As reported here yesterday, the American Bar Association House of Delegates voted to approve a resolution calling on states to consider innovative approaches to the access-to-justice crisis, including consideration of regulatory innovations that could improve the accessibility, affordability and quality of civil legal services.
But some were critical of the final version of the…
Arizona Litigator Named New Chair of ABA Center for Innovation
An Arizona litigator and former chair of the American Bar Association’s Section of Litigation has been named as the new chair of the governing council of the ABA Center for Innovation, a program whose mission is to encourage and accelerate innovations the improve the affordability, effectiveness, efficiency and accessibility of legal services.
The new chair,…
ABA Votes to Encourage Innovation in Lawyer Regulation, But with Revisions
[See update: Revised ABA Report on Innovation Stripped Out All Mention of Rule 5.4]
At the midyear meeting of the American Bar Association in Austin, Tex., today, the House of Delegates voted to approve a resolution calling on states to consider innovative approaches to the access-to-justice crisis and, in particular, to consider regulatory innovations…
Where Are They Now? Tracking Down the Startups from the First ABA Techshow Pitch Contest in 2017
In just over a week, on the opening night of ABA Techshow in Chicago, 15 legal technology startups will take the stage in a pitch competition, where each will make its case for why the audience of Techshow attendees should vote for it as the most innovative.
This will be the fourth annual Startup…
Coming Soon: AI-Driven, Personalized Legal News from ALM
For legal professionals, it can be a challenge to keep up with the legal news that matters to your practice. Later this month, ALM, the publisher of Law.com, The American Lawyer, Corporate Counsel, and other legal publications, will release a product designed to address that challenge: Legal Radar, a…
Knowable Says Its New Platform Turns Your Contracts Into Actionable Data
Large companies have a problem: Keeping tabs on their hundreds or even thousands of contracts and knowing what is in them.
The legal technology company Knowable believes it has a solution to that problem: Technology that translates contract language into structured data to give companies a broad understanding of what contracts they have, what…
Will that Bill Pass? New AI Tool in Westlaw Edge Predicts Outcomes
Thomson Reuters is releasing a new Legislative Insights tool today on Westlaw Edge that uses artificial intelligence to track legislation, predict the likelihood of its passage, and identify the industries it will likely impact.
The tool uses machine learning and natural language processing technology developed by Skopos Labs, a New York-based AI company…
Bloomberg Law Launches Brief Analyzer, Tool that Uses AI to Review Briefs
As I wrote last year at Above the Law, for legal research, brief analysis is the new vogue. After legal research company Casetext introduced the first brief analysis tool in 2016, CARA, other companies followed suit with an array of brief analysis products own, including Clerk from Judicata, Vincent from vLex, EVA from ROSS Intelligence, and
LawNext Episode 62: Corporate Counsel Roundtable On Data-Driven Innovation
As corporate legal departments seek to control costs and drive innovation, how can better use of data, metrics and analytics help? How are corporate counsel using analytics to measure and improve performance internally and among outside counsel?
These questions were the topic of a special episode of LawNext, recorded live during Legalweek 2020 in…
EY Lays Off Some U.S. Lawyers Who Came through Pangea3 Acquisition
It was major legal industry news last April when international business and legal services powerhouse EY entered into an agreement with Thomson Reuters to acquire Pangea3, the legal managed services business.
Now, 10 months later, EY has laid off at least some of the U.S.-based lawyers who came with the deal.
While…
Wolters Kluwer’s ELM Solutions Introduces AI-Powered Tool for Legal Bill Review #Legalweek20
Three years ago, Wolters Kluwer’s ELM Solutions introduced LegalVIEW BillAnalyzer, a service for in-house legal-bill review teams that combines machine learning and other advanced technologies with human expertise to help review law firm invoices and ensure that they accurately and consistently adhere to billing guidelines.
Today, ELM Solutions is introducing a variation on that…