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New York Times Chief Data Scientist Chris Wiggins On The Way We Create And Consume Content Now

New York Times Chief Data Scientist Chris Wiggins On The Way We Create And Consume Content Now | Legal Analytics | Scoop.it
"What were aiming to do is try to inform product decisions and marketing decisions, as well as potentially newsroom decisions.

Via Carla Gentry CSPO
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Carla Gentry CSPO's curator insight, July 25, 2014 9:59 AM

The ability to use the technical tools, that’s part of it. But part of it also is critical literacy--to be critical about somebody else’s story that they’re trying to tell you using data. And rhetorical literacy which is the skill of being able to use data use data and analysis of data in order to make a point--in order to tell as story yourself. We’re trying to teach all of those things.

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The Courts and Predictive Coding: a Tale of Bad Assumptions--Does the Uncritical Acceptance by Courts of Unsupported and Potentially Erroneous Technology-Assisted Review Assertions Frustrate the Ob...

The Courts and Predictive Coding: a Tale of Bad Assumptions--Does the Uncritical Acceptance by Courts of Unsupported and Potentially Erroneous Technology-Assisted Review Assertions Frustrate the Ob... | Legal Analytics | Scoop.it
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The Courts and Predictive Coding: a Tale of Bad Assumptions

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Crime fighting with big data weapons

Crime fighting with big data weapons | Legal Analytics | Scoop.it
Big data analytics is helping combat - and even predict - crime by spotting patterns of behaviour we would not have been able to see before.
Topiary eDiscovery LLC's insight:

Interesting article outlining uses of broad array of analytics in crime fighting efforts

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Topiary eDiscovery LLC's curator insight, April 3, 2014 11:33 AM

Interesting article outlining uses of broad array of advanced analytics in crime fighting efforts

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20+ Text Analytics Platforms – Butler Analytics

20+ Text Analytics Platforms – Butler Analytics | Legal Analytics | Scoop.it
Download PDF Version Text analytics is still largely an immature science, and embraces several different approaches. Natural language processing...
Topiary eDiscovery LLC's insight:

Not comprehensive ...tho Bill Dimm and Clustify made the list! ediscovery predictive coding

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wp_13728.pdf

Topiary eDiscovery LLC's insight:

Predictive Insurance Claims Processing from SAS.   Workbenches and  vertical analytics tools from companies like SAS and IBM SPSS sorely underutilized in legal analytics writ broadly.  Legal analytics start ups coming out of law schools too often re-inventing the wheel coding from the ground up rather than focusing on solution stack.

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Lex Machina: 'Moneyball' Meets Patent Lawsuits - XSeed Capital

Lex Machina: 'Moneyball' Meets Patent Lawsuits - XSeed Capital | Legal Analytics | Scoop.it
By Patrick Hoge. This article originally appeared on San Francisco Business Times, September 3, 2013.
Federal investigators recently called for patent officials to study patent lawsuit trends in an effort to improve the quality of patents, which many critics say have been overly broad and vulnerable to litigation abuse.

To support its recommendation, the Government Accountability Office relied on information from a pathbreaking Menlo Park-based startup [...]
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Judge Rebukes Justice Dept. for Requesting Overly Broad Email Searches

Judge Rebukes Justice Dept. for Requesting Overly Broad Email Searches | Legal Analytics | Scoop.it
A case highlights the broad authority the government believes it has in searching email accounts.
Topiary eDiscovery LLC's insight:

A problem SCREAMING for a smart win-win  technology-based information retrieval solution.  Feds should perceive this as an opportunity...

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Princess Bride Advice to Class Action Plaintiff Attorneys - Critical Thought in Legal, Investigative and Compliance Analytics

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Major Companies Not Making Full Use of Big Data to Spot Fraud

Major Companies Not Making Full Use of Big Data to Spot Fraud | Legal Analytics | Scoop.it
Most companies are spurning the chance to improve their anti-fraud and anti-bribery efforts by not taking full advantage of big data analysis, according to research from business consulting firm EY.
Topiary eDiscovery LLC's insight:

Ernst & Young research on analytics usage in fraud.

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Why Lawyers Are Still Waiting for the Future | The American Lawyer

Why Lawyers Are Still Waiting for the Future | The American Lawyer | Legal Analytics | Scoop.it
Six years after Lehman Brothers died, technology-driven changes in the market are slow to arrive.
Topiary eDiscovery LLC's insight:

It is likely that all legal process change will have at the core the use of analytics.  Analytics is already transforming document review.  Analytics is being applied to IP legal services.  Companies have been working on analytics to support evidence-based alternative pricing models as well as settlement point estimates. Of course, as noted legal research and brief formation can be contemplated.


Legal professionals looking backward see analytics as a subset, those looking forward see its true place, at the center.


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How to compete against data scientists charging $30/hour

How to compete against data scientists charging $30/hour | Legal Analytics | Scoop.it
While companies complain about lack of analytic talent, professionals complain about lack of jobs. Everyone wants to work for Facebook, LinkedIn, Google, Intel…

Via Carla Gentry CSPO
Topiary eDiscovery LLC's insight:

."So, in some sense, there is more talent than the job market can absorb, especially for PhD's."


Analytics Ph.D.s, meet ediscovery contract attorneys.

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Carla Gentry CSPO's curator insight, March 10, 2014 10:21 PM

Those charging $150 to $250 per hour are having a difficult time finding new clients. And if all your great skills and expertise are not considered useful to a client, he won't pay for it, especially if this expertise is not used to generate greater revenue. Indeed, many PhD statisticians work as part-time adjunct professors with salaries even far lower, or write other PhD students theses for a fee - typically for $5,000 - as these are the only clients that they can get. So, in some sense, there is more talent than the job market can absorb, especially for PhD's.

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Topiary Discovery LLC - Disruptive Use of Predictive Analytics in Compliance and Litigation ... The Application is No Longer New News: From 2010

Topiary eDiscovery LLC's insight:

Useful predictive litigation risk estimation, a target moving in time, is far more complex than predictive coding and is best suited for only a subset of matters.  But a number of companies have been working in the space for a few years now.

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Augmenting Your Claims Fraud System with Big Data Capabilities | The Big Data Hub

Augmenting Your Claims Fraud System with Big Data Capabilities | The Big Data Hub | Legal Analytics | Scoop.it
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Data Credibility: A Key Data Quality Dimension in the Big Data Era

Data Credibility: A Key Data Quality Dimension in the Big Data Era | Legal Analytics | Scoop.it
Recently, there’s been a great deal of discussion within the information management industry about data quality. This discussion has gone beyond simply talking about what data quality means, to cover the potential consequences of poor data quality in operational and ...

Via Carla Gentry CSPO
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Carla Gentry CSPO's curator insight, July 24, 2014 8:41 AM

“Data credibility is the extent to which the good faith of a provider of data or source of data can be relied upon to ensure that the data really represents is what the data is supposed to represent, and that there is no intent to misrepresent what the data is supposed to represent.”

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Crime fighting with big data weapons

Crime fighting with big data weapons | Legal Analytics | Scoop.it
Big data analytics is helping combat - and even predict - crime by spotting patterns of behaviour we would not have been able to see before.
Topiary eDiscovery LLC's insight:

Interesting article outlining uses of broad array of advanced analytics in crime fighting efforts

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Topiary eDiscovery LLC's curator insight, April 3, 2014 11:18 AM

Interesting article outlining uses of broad array of analytics in crime fighting efforts

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How data analytics is helping retail outlets with critical decision making - InformationWeek – IT news & articles

How data analytics is helping retail outlets with critical decision making - InformationWeek – IT news & articles | Legal Analytics | Scoop.it
Tough questions related to location and size of the retail store and stock management have vexed retailers for many years. Here’s how data analytics usage in this space can solve this dilemma
Topiary eDiscovery LLC's insight:

Another example from retail industry logistics of advanced analytical evidence-based decisioning replacing "expert" gut projections.  Legal analysts take note!

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DOJ Illegally and Secretly Obtaining Data – Oh My!! … Well Not Really

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Stanford Securities Litigation Analytics | Major strides in our technology development

Stanford Securities Litigation Analytics | Major strides in our technology development | Legal Analytics | Scoop.it
Topiary eDiscovery LLC's insight:

Interesting work out of Stanford on legal analytics: business intelligence apps for SEC settlement analysis.

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Despite the Massive Size of the Legal Industry ($300B), Venture Capital Funding to the Legal Tech Sector is Limping Along

Despite the Massive Size of the Legal Industry ($300B), Venture Capital Funding to the Legal Tech Sector is Limping Along | Legal Analytics | Scoop.it
With investments concentrated at the seed stage and exit activity tepid, YoY funding to legal tech startups dropped 16%.
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Five Points of Reference for Alice Corp. v. CLS Bank International

Five Points of Reference for Alice Corp. v. CLS Bank International | Legal Analytics | Scoop.it
In the next two weeks you will read an increasing number of misleading headlines about the patentability of “computer software inventions" because the Supreme Court will be hearing a case over whether the computer-implemented inventions in question are directed to patent-eligible subject matter.
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Analytics integration can key long-term success for advisory firms | ACEDS

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Analytics integration can key long-term success for advisory firms | ACEDS
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The 'difference' between business intelligence and predictive analytics | ITWeb

The 'difference' between business intelligence and predictive analytics | ITWeb | Legal Analytics | Scoop.it
The concepts of business intelligence and predictive analytics have gripped businesses for as long as these concepts existed. While these BI concepts
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CUDA Spotlight: GPU-Accelerated Speech Recognition

CUDA Spotlight: GPU-Accelerated Speech Recognition | Legal Analytics | Scoop.it
This week's Spotlight is on Dr. Ian Lane of Carnegie Mellon University. Ian is an Assistant Research Professor and leads a speech and language processing research group based in Silicon Valley. He ...

Via Shiwon Cho
Topiary eDiscovery LLC's insight:

Carnegie Mellon... the Incubator.

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Gartner Report: Reality Check on Big Data Analytics for Cybersecurity and Fraud

Fast access to big data is fueling sharp analytics that find malicious security events. In this report Gartner delineates areas where enterprises are seeing results, and note the market suppliers that enable them.

Via cysap
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