Why We Are Open Sourcing ContraxSuite and Some Thoughts About Legal Tech and the Modern Information Economy

 

Today we here at LexPredict announce that we will be open sourcing our document analytics platform ContraxSuite (which works on a wide class of documents beyond just contracts).

From the Announcement – “Starting on August 1st, this code base and our public development roadmap will be hosted on Github under a permissive open-source licensing model that will allow most organizations to quickly and freely implement and customize their own contract and document analytics. Like Redhat does for Linux, we will provide support, customization, and data services to “cover the last mile” for those organizations who need it.

We believe that a very important future for law lies in its central role in facilitating and regulating the modern information economy. But unless we start treating law itself like the production of information, we’ll never get there. Before we can solve big problems with smart contracts, we need to start by structuring existing legacy contracts. We hope our actions today will help lawyers, companies, and other LegalTech providers accelerate the pace of improvement and innovation through more open collaboration.”    (click here for full announcement or access via Slideshare)

Scenes from #LegalTech 2017 / Legal Week


Yesterday was the final day of LegalTech NYC — the largest technology show in the Legal Industry.  LegalTech NYC typically attracts 12,000+ attendees over the 3 days of the show.

I spoke on a panel on Thursday entitled – The Future of e-Discovery Law, Business, and Practice with the following panelists —
David Horrigan, kCura
Monica Bay, CodeX: The Stanford Center for Legal Informatics
Dennis Garcia, Assistant General Counsel, Microsoft
Daniel Katz, Illinois Tech – Chicago Kent College of Law + LexPredict
James Francis IV (S.D.N.Y), United States Magistrate Judge
Andrew Jimenez, CEO, Fronteo USA

The 19th Annual Law Firm Leaders Forum – NYC (Presented by Thomson Reuters Legal Executive Institute)

Thomson Reuters Legal Executive InstituteTomorrow I will be speaking at the 19th Annual Law Firm Leaders Forum in NYC (Presented by Thomson Reuters Legal Executive Institute).  This annual event draws a large number of leaders from the AMLaw 200 law firms. The focus of my panel will be the Emerging Role of Technology in the Law Firm Model.  I am joined by a world class faculty which includes representatives from Law firms, In House, Legal Tech and the Legal Academy, etc.