Judicata

7 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Jan 16, 2014 by Itai Gurari · said 12 times in 1 episodes since 2014 · across every show →

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Everything said about Judicata, oldest first

Jan 16, 2014
Disclosure
Judicata raised $8 million from Peter Thiel and Khosla Ventures
“We've been fortunate enough to have raised about eight million dollars from Peter Thiel and Coastal Ventures, and it's allowing us to do everything we want to do, but at the same time, it's not the half a billion dollars that some of our competitors have.”
Itai Gurari Jan 16, 2014 ▶ 9:46 Itai Gurari, Judicata // Data Driven NYC 21 // Dec 2013 (Hosted by FirstMark Capital)
Jan 16, 2014
Insight
Humans maintain an advantage over computers in handling varied data inputs
“The one place where people make a big difference and actually have a leg up on the computers is that people can handle a broad range of data inputs.”
Itai Gurari Jan 16, 2014 ▶ 4:58 Itai Gurari, Judicata // Data Driven NYC 21 // Dec 2013 (Hosted by FirstMark Capital)
Jan 16, 2014 negative
Assertion Not checkable as stated
Bloomberg and LexisNexis failed at structuring legal data
“Bloomberg tried to do a lot of the things that we were doing and did not succeed. Lexus has tried to do a lot of these things and has not succeeded. It's not something where you just throw resources at it.”
Itai Gurari Jan 16, 2014 ▶ 18:50 Itai Gurari, Judicata // Data Driven NYC 21 // Dec 2013 (Hosted by FirstMark Capital)
Jan 16, 2014 neutral
Disclosure
Judicata will start as a niche and won't cover all US jurisdictions soon
“So really, it's, ah, it'll start off as a niche. I mean, we're not going to have all the jurisdictions in the country for a long time, but it allows something to be done that couldn't otherwise be done.”
Itai Gurari Jan 16, 2014 ▶ 15:15 Itai Gurari, Judicata // Data Driven NYC 21 // Dec 2013 (Hosted by FirstMark Capital)
Jan 16, 2014
Disclosure
Judicata transforms unstructured case law into structured data
“What we're doing is, ah, transforming unstructured case law into structured data.”
Itai Gurari Jan 16, 2014 ▶ 3:08 Itai Gurari, Judicata // Data Driven NYC 21 // Dec 2013 (Hosted by FirstMark Capital)
Jan 16, 2014 positive
Assertion Not checkable as stated
Judicata cuts legal ontology creation time from one year to weeks
“And at the end, we've broken down this process into something that instead of taking a year, might take two weeks or four weeks.”
Itai Gurari Jan 16, 2014 ▶ 13:17 Itai Gurari, Judicata // Data Driven NYC 21 // Dec 2013 (Hosted by FirstMark Capital)
Jan 16, 2014
Disclosure
Judicata experiments with Mechanical Turk for low-skilled legal data tasks
“We do some experimentation with, ah, mechanical torque in terms of low-skilled labor, and we're able to develop tasks with, ah, a high amount of, sort of, classification or training, so we can get people who can perform these tasks, and then we can do enough s…”
Itai Gurari Jan 16, 2014 ▶ 19:56 Itai Gurari, Judicata // Data Driven NYC 21 // Dec 2013 (Hosted by FirstMark Capital)
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