There is no question that the most exciting place at AALL is the Exhibit Hall. Connect with old friends, schmooze with vendors, learn about exciting new features and products. 2022 is the first live, post pandemic AALL conference. I am anticipating that a highly energized crowd will be streaming through the exhibit hall. I
Today the Standards Advancement for the Legal Industry (SALI) Alliance announced the official release of Legal Matter Specifications Standard LMSS 2.0. The enhancement expands the taxonomy to almost 10,000 categories or tags which provide a granular analysis of legal market services. As firms ramp up their Business Intelligence activities the SALI tags can be a powerful tool for pricing and competitive insights.
“LMSS 2.0 is, quite simply, innovation in the legal industry at its finest. It is the culmination of countless hours generously volunteered by professionals in law firms, technology companies, service providers, educational institutions, and clients in different roles, pursuing the same vision,” notes Toby Brown, co-founder of The SALI Alliance and Chief Practice Management Officer at Perkins Coie. “A common language for the legal industry is powerful for all of these parties, from legal operations to business development, pricing, knowledge management, and overall law firm business operations. Standardized data is critical to all of these efforts.”
Congratulations to all the professionals and organizations which devoted time to this initiative which will benefit the entire legal market around the globe.
Here is the full press release:Continue Reading SALI Releases LMSS 2.0 A Powertool Driving Legal Market Analysis and Insights
Fastcase acquisition of Judicata will bring a new era of innovation and advanced legal reasoning technologies such as, citation analysis, legal analytics and brief analysis to Fastcase 8 and Docket Alarm.
Several years ago I wrote a post about Judicata, a small California start up which described its mission as “as mapping the legal genome.” They used their analytics and citation analysis tool to grade law firm briefs. How that for chutzpah?. Judicata knows how to stretch the legal research and analysis envelope.
Judicata founder, Itai Guriari worked at Jones Day then at Google working on Google Scholar before founding Judicata in 2012 with Adam Han and Blake Masters. The team spent the last decade building out “industry-leading research analytics and workflow tools for California law.” Chief technology officer Ben Pedrick and the Judicata team will join Fastcase to scale those solutions nationwide. Gurari will be VP of Research and Development and lead Fastcase labs.
I asked Fastcase CEO Ed Walters to provide some insights into the strategy behind this acquisition. “Judicata has
Continue Reading Fastcase Acquires the Judicata “Legal Genome” – Watch Out For Fastcase 8!