Category: Commercial Law
The report is the first time that litigation win rates of companies have been published for comparison. In the near future, Premonition plans to release their findings on top litigants in other industries along with their win rates.
Premonition, the World's largest litigation database, just announced the addition of the Canadian Courts to its innovative product. Premonition is an Artificial Intelligence system that mines Big Data to find out which Attorneys win before which Judges.
Premonition, a Miami based start up just raised a seed round at a $100 Million valuation.
A thorough analysis of the Criminal Appeals Court reveals those with the best outcomes, the winners.
The UK legal industry was thrown into turmoil last month with the release of a report from Premonition. Their Artificial Intelligence system analyzed thousands of cases to find out that Law firm's barrister selection is generally "worse than random". Premonition will over the coming months release the details of the top performers (law firm, barrister and chambers) in various courts.
A solicitor can now see exactly how the barristers they instruct have performed every time they have made a High Court appearance.
But what of litigation? It requires us to look at litigation as a product of circumstances delivering an outcome or series of outcomes - all of which have data components we can derive and use to quantify risk. It also requires us to use virtual technology in law that we've used almost everywhere else - except law!
A new era of legal technology and legal entrepreneurs are making huge waves in a sector not known for being receptive to technology or change, the legal sector.
Data provides a quantification framework on which we can more reliably base qualitative decisions. How effective is your lawyer? How efficient with his/her time? How often does your lawyer win?
How Artificial Intelligence systems are changing the Law.
Big data and artificial intelligence uncover interesting relationships between Lawyers, Law firms and their success in the courtroom.
Big data uncovers surprising ways to tackle the hidden cost of litigation.
Big data uncovers surprising facts about litigation. How do attorneys and law firms compare? Do some lawyers drag out cases? Are partners really better than associates ? Do you get what you pay for in law? Artificial Intelligence takes a revealing look at a hidden profession.
