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)
It has my great pleasure to serve as a guest instructor in the Stanford Legal Informatics class! Thanks to Roland Vogl + Michael Genesereth for allowing me to connect with the students in this course.
“Michael Bommarito II and Daniel Martin Katz, legal scholars at the Illinois Institute of Technology, have tried to measure the growth of regulation by analyzing more than 160,000 corporate annual reports, or 10-K filings, at the US Securities and Exchange Commission. In a pre-print paper released Dec. 29, the authors find that the average number of regulatory references in any one filing increased from fewer than eight in 1995 to almost 32 in 2016. The average number of different laws cited in each filing more than doubled over the same period.”
Tomorrow I will be at the Stanford CodeX Future Law 2016 Conference @Stanford Law School. I will be moderating the following panel:
Hot or Not – Watson and Beyond
What data analytics technologies are in use today?
What’s real and what’s marketing buzz?
What’s possible in the foreseeable future?
What are the implications for providers and consumers of legal services?
What are the limitations?
What are the policy implications?
Noah Waisberg, Kira Systems, @nwaisb
Khalid Al-Kofahi, Thomson Reuters, @KKofahi
Charles Horowitz, The MITRE Corporation Informatics
Andrew Arruda, ROSS Intelligence, @AndrewArruda
Himabindu Lakkaraju, Stanford University, @hima_bindu
Yesterday I had the pleasure of participating in the Thomson Reuters Law Firm COO & CFO Forum Pre-Conference Workshop on Big Data. The half day workshop explored various way that law firms and outside counsel can use data to be better lawyers and run better businesses.
Here is the information for my panel (below) and the full program is located here.