“Legal Analytics: The Opening Salvo for AI into Legal Practice”
Orange County Lawyer Magazine (Orange County Bar Association) 10/02/17 Joshua D. Covey
Below is an excerpt:
Legal analytics is the application of artificial intelligence (AI), algorithms, and big data, alone or in combination, to the practice, business, and study of law. The primary technological dynamics underpinning legal analytics can be broadly summarized as: (1) an explosion of digital data (“big data”) coupled with significant advances in data-storage capacity; (2) exponential increases in computing power; and (3) the rapid evolution of AI, machine learning, and sophisticated algorithms. Together, these capabilities increasingly enable analyzing massive datasets, automating legal processes, producing data-driven legal insights, and creating innovative ways to provide and consume both traditional and novel legal services.