Pre/Dicta has profiled 750 federal judges and built an algorithm that can predict how each judge will rule on a motion to dismiss based on the cause of action, the characteristics of the parties and the attorneys. It runs this prediction based on one piece of data – the docket number!
It does not read
Wolters Kluwer Legal & Regulatory U.S. One week after the collapse of Silicon Valley Bank, Wolters Kluwer posted a free publicly available resource Due Diligence Checklist .Since March 17th they have added five addition resources to a suite of tools referred to as the Bank Failures Toolkit. The resources are developed for inhouse counsel
On Wednesday night, Casetext continued to celebrate the launch of their Generative AI platform, CoCounsel with a special “Invitation only” event during LegalWeek in New York. CoCounsel is powered by OpenAI’s GPT 4 and was the first AI technology to successfully pass a bar exam.
The event included a demo of a new CoCounsel workflow for transactional lawyers called “Market Check,” a brief keynote by Stephen Gillers, Elihu Root Professor of Law Emeritus at NYU, a lively panel discussion about the legal business impact and ethical challenges of AI.
What is Market check? Pablo Arredondo, CoFounder and Chief Innovation Officer at Casetext introduced a live demo of Market Check. This new workflow uses the CoCounsel generative AI technology to analyze a corpus of transactional documents and identify the “market standard” for specific clause types. Currently Bloomberg Law and Intelligize both offer “what’s market” analysis on publicly available documents and enable lawyers to compare one or several draft documents with a market standard. Market check could enable a firm to analyze a custom corpus of internal and/or external documents and ask CoCounsel to deliver results in response to “plain English” questions.Continue Reading Casetext CoCounsel Event – Professor Stephen Gillers Keynote Declares “The end of legal services as we know it.”
Today LexisNexis will be releasing a Generative AI survey at LegalWeek in New York. The survey which was conducted in March 2023 is based on responses from +4,100 US lawyers, law students and consumers.
“We’ve been delivering leading legal AI and analytics tools for some time, providing lawyers with data driven insights that make it
Google’s core value statement is encapsulated in “10 things we know to be true.” It includes two rubrics that knowledge managers and librarians should embrace as driving principles: “Focus on the user and all else will follow” and “fast is better than slow.”
The lingering shadow of cost recovery has impaired the intelligent
Legal Tech insiders knew that something big was “cooking” at Casetext. Yesterday Casetext announced the Launch of Co-Counsel, which is described as the first AI Legal Assistant. The launch included some notable media appearances : a live demo on tv and a video interview Product Briefing with Nikki Shaver of Legal TechHub.
In another first