Tag: innovation
Congrats to Hon. Ann Aiken and the other 2014 ABA Journal Legal Rebels
Congrats to my good friend – Judge Ann Aiken and the other 2014 Legal Rebels! See her talk from ReInventLaw Silicon Valley 2013 here.
This Computer Program Can Predict 7 out of 10 Supreme Court Decisions (via Vox.com)
The story is here. Full form interview with Mike + Josh is here. (I unfortunately could not participate because I was teaching my ICPSR class). Our paper is available on SSRN and on the physics arXiv.
Mintchalk: Ethereum Contract Editor and Simulator
More resources are located on this post at Legal Informatics Blog.
Law Firm Chief Marketing Officer Summit @ The Legal Marketing Association Annual Conference
Tomorrow – I will have the pleasure of addressing the Chief Marketing Officers of many of the world’s leading firms at the CMO Summit at Legal Marketing Association Conference in Orlando.
The Forum on Legal Evolution – NYC 02.26.13
Last week Bill Henderson, Bruce MacEwen and Daniel Martin Katz convened the first Forum on Legal Evolution – a small invitation only forum – for leaders from across the legal supply chain (General Counsels, Law Firms, Legal Technologists, Legal Media, Legal Educators, etc.). It was a good mix of members of the AM 200, GC’s of large companies, strategically important technology providers, etc. The primary focus of this first forum was three-fold: (1) change management and the diffusion of innovation, (2) process engineering and process improvement and (3) big data, legal analytics and machine learning in law practice (katz+bommartio slides are available here).
Aric Press from The American Lawyer offers a short write up of the event here.
Brian Dalton from Above the Law offers his perspective here.
Gartner Legal IT Scenario, 2020 – Smart Machines and LPO Radically Disrupt Legal Profession (via Gartner IT)
The report offers a number of predictions including those quoted above and “by 2018, legal IT courses will be required for the graduates of at least 20 U.S. Tier 1 and Tier 2 law schools.”
While that would be sensible idea given the emerging opportunities in the legal market, I doubt that this will happen by 2018. Indeed, I would predict that somewhere between {0-2} law schools will make such the move of making such content mandatory by 2018. The ability to teach such a course is almost never a recognized hiring priority or hiring qualification that institutions are seeking (see here here here, etc.). Instead, law schools and faculty hiring committees typically focus on hiring for existing or perceived institutional needs. Even when institutions focus on the so called “best athlete” model of hiring … legal technology, etc. typically does not constitute a relevant dimension of the question. In other words, as I said in my MIT School of Law slide deck (and paper) the best athlete model depends upon what sport we are playing.
I am proud to be one of the few tenure track faculty members who actually teaches such courses inside a law school environment (legal technology / legal information engineering, quantitative methods, e-discovery, entrepruenerial lawyering, legal analytics, etc.) Among the existing institutions, there are strong and weaker version of the above courses. However, minus a few notable exceptions, most institutions do not have faculty members with the technical chops that are necessary to effectively teach such course(s).
The intersection of law+technology is one of the growth sectors within legal and as such it is a very exciting time to work in this area. Arbitrage opportunities are temporal in nature and given the highly competitive environment among law schools, it does not bother me if other law schools do not make this a priority. It allows those of us who are so inclined to build relationships with the leading folks in this emerging industry sub-sector before it lands on the radar of others.