Saturday, August 1, 2015
Lex Machina and Ravel Law are two start-ups in the legal analytics space (I call companies like this "toolmakers"). Per an invite that arrived in my email yesterday, these Lex Machina and Ravel are collaborating on an upcoming webinar that shows lawyers how to use legal analytics to build a substantive legal strategy. And not just any strategy, but one more likely to win.
Is this smoke and mirrors or the real deal? That remains an open empirical question. But it's worth noting the venture capitalists who backed these companies are betting on the proposition that humans + machines > humans or machine. (This is Dan Katz's formulation.) For lawyers interested in staying current on the legal market (most of us, right?), it's likely worth attending. Sure, Lex Machina and Ravel will be hawking their own products, but hey, educating your prospective clients is how one builds a market for complex technical products. This skill will eventually be taught in law schools -- at least the good ones. It is worth noting that both Lex Machina and Ravel trace their origins back to Stanford Law.
Here is the essential information on the webinar.
How can you employ Legal Analytics in your practice to get clients and win cases?
New legal technologies are transforming the practice of law by enabling lawyers to uncover trends in the behavior of judges, parties, law firms and attorneys.
Ravel Law's case law analytics and Lex Machina's IP docket analytics enable lawyers to make data-driven decisions about case strategy and tactics.
Click here to register for a live 45-minute webinar on Thursday, August 6th at 11:00 am PT.
Host: Ralph Baxter, Advisor, Writer, and Speaker, Former Chair, Orrick
Speakers: Owen Byrd, Chief Evangelist & General Counsel, Lex Machina & Daniel Lewis, CEO & Co-Founder, Ravel Law
- Another Example of Using Big Data to Improve Odds of Winning in Court, LWB, Apr 12, 2015.
- The Early Days of Legal Analytics, LWB, Feb 7, 2015.