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by rayiner
3567 days ago
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As they acknowledge, it is essential to account for case difficulty in comparing success rates. Having been on both sides of the "v." I can say it is easier on the defense side (at least on the civil side). Defense counsel representing Big Cos. will have a better record not only because those companies are often the target of weaker lawsuits, but because various rules intended to filter out those weaker lawsuits stack the deck against plaintiffs. Thus, there are fantastic lawyers working at Sierra Club or NRDC, but they're not going to have the same record of wins as similarly-good lawyers at a big New York firm. According to the article, their analysis does account for that. They allegedly "calculate the probability of a successful outcome for the applicant" using machine learning. But there is no description of how they do that. If I had an algorithm that produced halfway decent results in an automated fashion, I wouldn't use it to get into the legal technology market. I'd set myself up as a litigation funder and make boatloads of money with accurate valuations of potential investments. |
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Legalist is a recent YC startup aiming to do exactly that:
http://www.newyorker.com/business/currency/what-litigation-f...