“It’s the alignment of tech and economics that is allowing all this stuff to start moving … The real roll-up of all this isn’t robot lawyers, its financialization, with law becoming an applied branch of finance and insurance” says Daniel Martin Katz, professor at Illinois Tech’s Chicago Kent College of Law.
STEM > Cult of the Expert in finance and otherwise … #FinLegalTech
I am excited to speak tomorrow at the 2016 General Counsel Summit in London presented by The Economist Magazine.
It will be a short trip to London for me as I will be flying back on Thursday in time for final preparations for the Fin(Legal)Tech Conference that I am helping organize November 4th 2016 at Illinois Tech – Chicago Kent College of Law.
I look forward to seeing folks in London and Chicago later this week!
When it comes to prediction – law would benefit from better applying the tools of STEM / Finance / Insurance and so in that spirit — our company recently launched LexSemble and it allows for near frictionless crowd sourcing of predictions in law (and beyond). Many potential applications in law including early (and ongoing) case assessment in litigation, forecasting various sorts of transactional outcomes and predicting the actions of regulators, etc. It also has a range of machine learning capabilities which allow for crowd segmentation, expert weighting, natural language processing on relevant documents, etc.
Learn More: https://lexsemble.com/features.html
#FinTech embraces two major themes – characterizing / pricing increasingly exotic forms of risk and removing unnecessary frictions from friction laden financial processes. #Fin(Legal)Tech is the application of those ideas and technology to a wide range of law related spheres including litigation, transactional work and compliance.
The Law Lab at Illinois Tech – Chicago-Kent College of Law presents its first #Fin(Legal)Tech Conference on November 4, 2016. Continuing its legacy as an academic leader in legal technology and innovation, Chicago-Kent College of Law will bring together a wide-ranging and diverse group of industry leaders for a truly unique conference experience.
Attendees will be able to see rapid-fire and deeply engaging presentations on the following subjects:
Legal Risk, Legal Underwriting & Legal Insurance
Blockchain and Computable Contracts
MicroLaw / Long Tail Legal Markets
New Legal Information Infrastructure
Quantitative Legal Prediction & Legal Analytics
The Frictionless Delivery of Legal Services
Artificial Intelligence and Law
We will be soon announcing the speaker list but tickets are now open so if you want to attend please register for a FREE ticket today!
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.