Sentences with phrase «legal analytics tool»

Less than 18 months after the Loom team first started working on the idea of a Canadian legal analytics tool, the company (whom you may recall from a Slaw Vendor Quiz earlier this year) is now open and offering a free 30 - day trial to anyone interested in testing their wares.

Less than 18 months after the Loom team first started working on the idea of a Canadian legal analytics tool, the company (whom you may recall from a Slaw Vendor Quiz earlier this year)... [more]

A web - based legal analytics tool that helps lawyers and self - represented litigants identify trends in historical Canadian legal data.

Needless to say, perhaps, Masters has also now founded his own startup, a software - turbocharged legal analytics tool.

There are many different types of legal analytics tools, but they all share one common characteristic: they enable a large body of data to be explored along different dimensions allowing distinct patterns to emerge.

For instance, lawyers can use legal analytics tools to get facts - based insight on the behaviors and tendencies of specific judges and opposing lawyers and parties in legal matters similar to the one they're currently litigating.

In a precedent based legal system, a single data point may be all that you need, and in general, the goal of legal analytics tools is to help lawyers find the data points that are most relevant and meaningful.Though sensationalistic articles about robot lawyers might try to convince you otherwise, legal analytics tools don't eliminate the need for case law research.

As a result, Westlaw Analytics has the potential to cut across a large number of use cases and provide value in a wider range of scenarios than many of the other legal analytics tools that are currently on the market.

Not exact matches

Legal Compass is a law firm analytics and benchmarking tool of greatest use to law firm professionals involved in legal marketing, business development and competitive intelligLegal Compass is a law firm analytics and benchmarking tool of greatest use to law firm professionals involved in legal marketing, business development and competitive intelliglegal marketing, business development and competitive intelligence.

«In the long - term we want to leverage the power of the legal brief to create collaborative tools and predictive analytics to help lawyers (especially solo practitioners) more effectively conduct legal research.»

Designed to help you manage matters, risk, and legal spend more efficiently, CounselLink also provides analytics and benchmarking tools so that you can make smarter, more data - driven business decisions.

The integration combines Ravel Law's powerful tools including interactive visualisations and analytics with Handshake Software's SP Bridge, which extends SharePoint Search to a firm's enterprise search platform and creates an environment where users can easily find and review critical firm data, firm expertise as well as on - premises and online legal research materials.

Confusion about the difference between legal research and legal analytics may stem from lawyers» deep familiarity with legal research or lack of familiarity with the new tool of legal analytics.

As a leading legal analytics firm, our engagements consist primarily of integrating artificial intelligence tools, creating «enterprise class» analytics and designing highly automated processes, to reliably extract vital information from legal contracts.

The move follows an increasing focus from insurance law firms on legal data analytics and the development of «own - brand» litigation prediction tools.

Fortunately, there may be some help on the horizon, as companies are now developing legal research tools that employ the power of data analytics to aid case forecasting.

In total, the expanded Ringtail Analytics module provides powerful data analytics and visual review tools that together dramatically increase the productivity and efficiency of legaAnalytics module provides powerful data analytics and visual review tools that together dramatically increase the productivity and efficiency of legaanalytics and visual review tools that together dramatically increase the productivity and efficiency of legal review.

These seven firms include some of the national leaders in implementing LPM, such as Bryan Cave and Baker Donelson, and their development of tools to manage matters, their use of data analytics to aid in decision - making on legal strategy and their use of legal project managers were some of the reasons they were selected.

At present, Big Data tools for the legal profession are focused primarily on helping law firms to enhance their internal business functions and processes, such as time management and billing, or for predictive analytics in a range of internal legal applications.

There is also a whole other set of questions about how emerging technological tools, like legal analytics, relate to lawyers» ethical obligations to provide competent and efficient legal services.

According to AL, «The move follows an increasing focus from insurance law firms on legal data analytics and the development of «own - brand» litigation prediction tools.

Google Analytics is a valuable, must - have tool for any legal website.

In their article on legal innovation, Wendy Butler Curtis and Kate Orr explain that «the data analytics attorney understands the needs of the client, the function of the tools, and the value of the data.

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.

Because we closely follow our Google Analytics and Webmaster tools stats, we noticed a great deal of interest on the topics, but the subject matter didn't quite fit with the content on the Legal Media Matters site.

Bloomberg Law introduced Health Care Fraud Analytics, a tool designed to help legal professionals understand trends in health care fraud enforcement, gain context and mitigate risk.

«LexisNexis is truly leading the development of the field of Legal Analytics — through our content, tools, and engineering expertise,» said Jeff Pfeifer, vice president of product management at LexisNexis.

But practice skills are no longer enough; lawyers must also understand the tools that drive more efficient delivery of legal services to clients / consumers — business fluency, understanding technology's role in legal delivery, project management, basic data analytics, and an ability to collaborate, among others.

It also enables law firms to use analytics and visualization tools to deliver new deeper legal analysis to their clients.»

In 2017, we saw machine learning tools for due diligence and data analytics and AI for legal research go mainstream.

Elevate invested in analytics people and tools very early on in our history, which offered an advantage in competing against much larger legal service provider brands.

Solutions like CounselLink ® offer robust reporting tools that legal departments can use to create custom reports from their own analytics and insights.

Corporate legal department legal ops and procurement professionals, who have been building up their datasets and refining their skills, will besiege law firm pricing with their analytics tools.

Primary areas of focus for AG Consulting in recent months have included: the development of diagnostic tools for team effectiveness; legal department benchmarking; legal department strategy and operating models; legal technology; data, management information and reporting; legal process analysis; and spend analytics.

Legal chatbots, artificial intelligence (AI); data analytics; predictive tools; collaboration between / among lawyers and other professionals, paraprofessionals, and machines will also be elements of legal deliLegal chatbots, artificial intelligence (AI); data analytics; predictive tools; collaboration between / among lawyers and other professionals, paraprofessionals, and machines will also be elements of legal delilegal delivery.

SOLUTION: After undergoing an extensive search for an enterprise legal management (ELM) tool with specific focus on legal spend management and analytics, VMware chose CounselLink.

Fastcase's AI Sandbox is a customized first - of - its - kind platform that allows law firms to use artificial intelligence in a secure environment to crunch their own big data, compare it with public legal data or metadata from Fastcase, and analyze it using cognitive intelligence tools such as IBM Watson Analytics and Watson Developer Cloud.

Legal strategies that have worked in specific contexts in the past are likely to succeed in future cases, and legal analytics gives litigators the tools they need to isolate and analyze certain variables, replicate successful tactics and increase their chances of developing and executing winning case strateLegal strategies that have worked in specific contexts in the past are likely to succeed in future cases, and legal analytics gives litigators the tools they need to isolate and analyze certain variables, replicate successful tactics and increase their chances of developing and executing winning case stratelegal analytics gives litigators the tools they need to isolate and analyze certain variables, replicate successful tactics and increase their chances of developing and executing winning case strategies.

There's literally dozens of partners who are putting expert witness data or legal analytics data or contracts data into that Sandbox and then a whole lot of AI tools providers who are also putting their data in there.

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.

Recently a market research organization asked if inside counsel was using our legal spend management and data analytics tools for continuous improvement.

One of the newest such bullets in the clip is a Demand Letter Analytics Tool now being offered by legal analytics outfit Lex Machina, available from the list of third - party tools mentioned in the United States Patent and Trademark Office's toolkit for how to respond to demand letters or Analytics Tool now being offered by legal analytics outfit Lex Machina, available from the list of third - party tools mentioned in the United States Patent and Trademark Office's toolkit for how to respond to demand letters or analytics outfit Lex Machina, available from the list of third - party tools mentioned in the United States Patent and Trademark Office's toolkit for how to respond to demand letters or lawsuits.

Analytics tools such as those used by Ravel and other start - ups including Casetext, Judicata, JustisOne and Lex Machina greatly reduce the amount of time and money that lawyers need to spend on legal research - an area that has not traditionally been seen as an area where savings can be made.

As organizations look to reduce legal spend, vendors have begun to develop additional analytic tools to increase the overall efficiency with which legal tasks use analytics to improve legal research tasks, to improve efficiency during eDiscovery tasks, and to identify how to most efficiently allocate tasks within a legal department or law firm.

The new delivery paradigm is also about automation, predictive tools, data, and analytics designed to enable consumers to detect legal problems before they metastasize and to solve business challenges that raise legal issues more quickly and efficiently.

Lex Machina's Legal Analytics is a «must have» tool for litigators in many of America's top law firms and corporations.

Legal Decoder, Inc. today announced the launch of version 2.0 of its legal billing analytics tool, featuring its flagship Legal Spend Authentication ™ technoLegal Decoder, Inc. today announced the launch of version 2.0 of its legal billing analytics tool, featuring its flagship Legal Spend Authentication ™ technolegal billing analytics tool, featuring its flagship Legal Spend Authentication ™ technoLegal Spend Authentication ™ technology.

With district court patent litigation filings remaining at lower levels not seen since 2010 - 2011, and PTAB petitions on the rise, legal analytics can provide the tools to recognize these shifts and harness them to your benefit.

LexisNexis» newest acquisition this week is RavelLaw, a «new category of intelligent tool that combines legal research and analytics,» founded in 2012 at Stanford University.

The most valuable tool available to all legal departments is the ability to use corporate data to gain internal expertise based on conducted case analytics.