AI tells lawyers how judges are likely to rule
Ryan is the co-author of Axios AI+, where he examines how tech innovations transform our world and the people who regulate them. Known for moderating the first presidential debate of the 2019 EU election, Ryan has a rich history in journalism, having penned POLITICO’s Brussels Playbook, Davos Playbook, and Global Insider newsletters, and hosted related podcasts between 2015 and 2023. With a background as a presidential speechwriter and tech spokesperson at the European Commission, Ryan’s deep expertise in digital transformation and AI makes him an ideal interviewer for conversations on the intersection of technology and law. His work on Axios AI+ and his summits provide valuable insights into the most influential technologies and leaders shaping our future.
Article Summary
AI-powered Pre/Dicta uses extensive biographical and decision data to predict judicial rulings in civil cases, achieving 86% accuracy. This advanced tool is transforming the landscape of legal analytics, allowing lawyers to strategically invest their time and resources. By turning the art of judicial forum shopping into a precise science, Pre/Dicta enables attorneys to better anticipate court rulings. This innovative approach is particularly significant in commercial litigation funding, which saw over $3.2 billion committed in 2022. With around 120 datapoints, including a judge’s education, net worth, and previous rulings, Pre/Dicta provides invaluable predictions without considering the case facts, offering a new edge over traditional tools like Westlaw, LexisNexis, and Lex Machina.
Pre/Dicta’s technology not only optimizes litigation strategies but also has the potential to reduce court backlogs and promote alternative dispute resolutions. As AI continues to reshape the legal profession, tools like Pre/Dicta are crucial for lawyers and plaintiffs looking to make informed decisions on whether to litigate, arbitrate, or mediate. This evolution highlights a shift towards more data-driven approaches in law, mirroring advancements seen in other areas like Practical Law and Bloomberg Law. By providing insights into judicial behavior, Pre/Dicta enhances the predictive capabilities of legal professionals, aligning with the growing trend of integrating AI in various facets of the legal industry.
AXIOS | Read Here: https://www.axios.com/2023/09/12/ai-judges-trials-predictions
Pre/Dicta’s AI-driven insights revolutionize legal strategies and case funding.
