Blog - LexPredict

It’s 10PM. Do You Know Where Your Legal Risks Are?

Author: Jillian BommaritoOn: Sep 12Categories: Analytics, Business, ContraxSuite, Data, LexReserve

Whether due to serious potential litigation or simply because the quarter-end is near, management and boards need to evaluate legal risks and exposure often. Sometimes, a crisis may arise if an 8-K or press release needs to be prepared, but even routine...

What You Should Know About Data Science

Author: Robert SancrainteOn: Aug 31Categories: Analytics, Data, LexAnalysis, News

Legal tech has evolved quickly in recent years and shows no signs of stopping. Part of that evolution has come from the growing field of data science. Data science (sometimes called “big data”) is integral to our operation here at LexPredict,...

FantasySCOTUS 2016: The Exit Survey

Author: Robert SancrainteOn: Aug 28Categories: FantasySCOTUS

We had an interesting Supreme Court term for 2016, with more than a few surprises. Our winners this term were a diverse group of lawyers and non-lawyers, each with their own unique take on FantasySCOTUS. In our exit survey, we spoke with some of the 2016...

GDPR and Contracts: Data Compliance in a Global World

Author: Jillian BommaritoOn: Aug 25Categories: ContraxSuite, Data, News

It looks like a standard clickbait headline: “If you forget to do this, your company could be fined €20 million!” As fake as this headline sounds, there is much more than a kernel of truth in it – in fact, it refers to the very real...

New Research Published: The Growth of the U.S. Regulatory “Ecosystem”

Author: Robert SancrainteOn: Aug 14Categories: Analytics, Data, News, Research

Recently, our co-founders Michael Bommarito and Daniel Martin Katz published their in-depth analysis of the “Regulatory Ecosystem”. In this paper, Bommarito and Katz argue for a new approach to studying market regulation. They describe the...

LexGen Announces Advisory Relationship with Evichat

Author: Robert SancrainteOn: Aug 09Categories: Analytics, Business, Data, News

LexGen Ventures is pleased to announce a new advisory partner, Evichat. As many in the legal field already know, eDiscovery tools are increasingly prominent and important to firms of all sizes. One problem is that eDiscovery has not yet become available...

Contract Analytics and the New Revenue Recognition Regime

Author: Jillian BommaritoOn: Aug 08Categories: Analytics, Business, ContraxSuite, Data

Although the guidance surrounding the new revenue recognition rules is not new (FASB issued the guidance in ASU 2014-09 more than 3 years ago), the first deadline for compliance is quickly approaching. Public companies must follow the new guidance for...

Licensing ContraxSuite – Why Dual-License for LegalTech?

Author: Michael BommaritoOn: Jul 30Categories: Business, ContraxSuite, Technology

Since we first announced our plans to open source ContraxSuite, the response has been overwhelming. We’d like to thank everyone from the community who has reached out to share their encouragement, thoughts, concerns, and, most especially, interest...

Andrew Baker and Karl Haraldsson Join LexPredict

Author: Jillian BommaritoOn: Jul 27Categories: Business, News

We are excited to announce the addition of Andrew Baker and Karl Haraldsson to LexPredict. Mr. Baker joins us as VP and Global Head of Services. Mr. Haraldsson joins as Manager of Legal Analytics. Both based in Chicago, Mr. Baker and Mr. Haraldsson will...

LexPredict Open Sources the 1910 Version of Black’s Law

Author: Michael BommaritoOn: Jul 24Categories: Analytics, ContraxSuite, Data

I. Purpose At their core, many academic and commercial applications of natural language processing and machine learning can benefit from a controlled lexicon of expert-selected terms (i.e., a dictionary). This is especially true of highly technical...