Sky Analytics based in Andover, Mass., is just one of several companies that have recently created web - based
legal analytics software allowing in - house counsel to benchmark their bills against what others have received.
OptiSettle is a comprehensive economic model - driven
legal analytics software application.
Not exact matches
Needless to say, perhaps, Masters has also now founded his own startup, a
software - turbocharged
legal analytics tool.
The company's flagship product offerings are: the MSCI indices which include over 148,000 daily indices covering more than 70 countries; Barra portfolio risk and performance
analytics covering global equity and fixed income markets; RiskMetrics market and credit risk
analytics; ISS governance research and outsourced proxy voting and reporting services; FEA valuation models and risk management
software for the energy and commodities markets; and CFRA forensic accounting risk research,
legal / regulatory risk assessment, and due - diligence.
«Marc Andreessen famously once quipped that «
software is eating the world,» and the same can be said today about the pervasiveness of machine learning, artificial intelligence, and advanced
analytics in the
legal world, said Dean Gonsowski, Executive Director of CTRL and VP Business Development at kCura.
Kicking off with product updates, SharePoint - based
software provider Handshake
Software has announced a strategic technology integration with Ravel Law, a
legal search,
analytics, and visualisation platform.
It seems clear that the promise of data
analytics in
legal software development has arrived.
ATLANTA — Dec. 17, 2015 — Today
legal software company Aderant unveiled the next generation of business intelligence
software, Aderant Spotlight ™
Analytics.
Given Toole's focus on pipeline development, sales enablement, thought leadership, and brand equity, we discussed the evolution of
analytics software, the parallels between the U.S. intelligence community and the the
legal technology sector, the benefits of gaining rapid insight into big content, and how professionals beyond e-discovery are using these applications.
NEWTOWN SQUARE, PA (March 15, 2018)-- Wilson
Legal Solutions, a leading provider of
software and services that help law firms and professional services organizations improve business performance, today announced it has acquired Francisco Consulting Group and the company's LawDrill suite of inquiry and
analytics applications.
Our backgrounds cover all aspects of
legal software, which has helped us build a robust
analytics framework.
Attorneys will start using tools like
legal project management
software to start tracking what they're doing and using the information that is collected for predictive
analytics and the building of predictive models that will allow clients to understand how much they'll spend and what the outcomes may be.
Using advanced platform technology, ELM Solutions helps clients consolidate all essential
legal, risk, compliance, and business processes into a single, extensible
software system that enables data
analytics to extract a more holistic view of their
legal operation and risk exposure, providing insights that enable better
legal decisions and enterprise - wide risk mitigation.
Serengeti Tracker is a web - hosted
software solution for corporate
legal departments and is the highest - rated and most widely used system for
legal matter management, e-billing, and
analytics, instilling worldwide best practices, increasing control, reducing spend and improving collaboration — internally and with external
legal counsel.
Lex Machina's
Legal Analytics uses sophisticated
software to analyze intellectual property cases.
Clients are buying less of some things (the efforts of lawyers billed hourly) and more of other things (the efforts of lawyers priced flat,
software and AI, process improvements,
legal analytics, offshore talent, and more).
Analytics software also identifies traffic sources, including visitors coming to your law firm's website through organic or paid search, social media sites like LinkedIn or Facebook, as well as
legal directories like Martindale or FindLaw.
BIPro ™ is a business intelligence and
analytics reporting
software created by Advanced
Legal to help law firms gather, store, access, and analyze data to assist in their decision - making processes.
In its initial release, the AI Sandbox will contain dozens of artificial intelligence tools and
legal data sets, including dozens of APIs from the IBM Watson Developer Cloud, indexing and visualization
software from ElasticSearch, expert system platform Neota Logic, ContraxSuite, a machine learning tool for contract and document
analytics from LexPredict, customized expert witness content from Courtroom Insight, and many other tools.
New data from the
legal analytics firm Lex Machina suggests that the newfound judicial hostility toward
software patents is making plaintiffs gunshy:
In this column I'll cover contract
analytics software, a new breed of
legal software grounded in machine learning that assists lawyers in analyzing contracts more effectively and efficiently.
Together, Elevate and LexPredict will deliver machine learning, automation and
analytic solutions in our contracts, M&A, litigation,
legal spend management,
legal project management,
legal invoice review and outside counsel selection
software, consulting, and services.»
Tags:
analytics, ari kaplan, ari kaplan advisors, Christina Wojcik, CLOC, consultancy, contract management, contracts, corporate law department, corporate
legal, Corporate Legal Operations Consortium, GDPR, general counsel, ghostwriter, Ghostwriting, in - house counsel, innovation, leader, legal industry analyst, legal operations, legal solutions, legal tech, regulatory, reinventing professional services, reinvention, seal software, solution consulting, technical, technology, vice president, writer, wr
legal, Corporate
Legal Operations Consortium, GDPR, general counsel, ghostwriter, Ghostwriting, in - house counsel, innovation, leader, legal industry analyst, legal operations, legal solutions, legal tech, regulatory, reinventing professional services, reinvention, seal software, solution consulting, technical, technology, vice president, writer, wr
Legal Operations Consortium, GDPR, general counsel, ghostwriter, Ghostwriting, in - house counsel, innovation, leader,
legal industry analyst, legal operations, legal solutions, legal tech, regulatory, reinventing professional services, reinvention, seal software, solution consulting, technical, technology, vice president, writer, wr
legal industry analyst,
legal operations, legal solutions, legal tech, regulatory, reinventing professional services, reinvention, seal software, solution consulting, technical, technology, vice president, writer, wr
legal operations,
legal solutions, legal tech, regulatory, reinventing professional services, reinvention, seal software, solution consulting, technical, technology, vice president, writer, wr
legal solutions,
legal tech, regulatory, reinventing professional services, reinvention, seal software, solution consulting, technical, technology, vice president, writer, wr
legal tech, regulatory, reinventing professional services, reinvention, seal
software, solution consulting, technical, technology, vice president, writer, writing
Available
software packages include Dashboard from Redwood
Analytics, proCube
Legal Ease from Satori Group, Elite from Thomson, and Expert from Aderant.
Even if we look to operational applications, we can break that further into applications of
analytics related to (1)
legal spend (when used by internal
legal departments) or revenue production (when used by firms); (2) internal insight into business expenses such as research,
software use, travel, paper printing, etc.; or (3) predictions regarding potential workload or resource requirements related to a particular matter.
«Data - based
analytics in IP law continues to grow in importance, and Lex Machina's
software is at the forefront of this new wave of
legal technology.
If you are looking for a
legal services startup that's truly unique, look no further than Intraspexion, the company using deep learning and predictive
analytics to predict and prevent potential litigation (through their own patented
software system)-- before it happens.
(page 10) discusses reliable technology to help you streamline your law firm's processes, and the impact of AI
software on data
analytics,
legal research, and contract review.