“They are the dominant case law publisher in the country, and they boast a staff of 800 attorney editors. They have 800 people who are reading opinions, adding structure to it, and summarizing, doing work like that.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Itai Gurari
AssertionNot 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 GurariJan 16, 2014▶ 18:50Itai Gurari, Judicata // Data Driven NYC 21 // Dec 2013 (Hosted by FirstMark Capital)
AssertionNot checkable as stated
NLP is not yet advanced enough to fully automate legal research
“The NLP isn't quite there. It may never get there.”
Itai GurariJan 16, 2014▶ 10:16Itai Gurari, Judicata // Data Driven NYC 21 // Dec 2013 (Hosted by FirstMark Capital)
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 GurariJan 16, 2014▶ 4:58Itai Gurari, Judicata // Data Driven NYC 21 // Dec 2013 (Hosted by FirstMark Capital)
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 GurariJan 16, 2014▶ 9:46Itai Gurari, Judicata // Data Driven NYC 21 // Dec 2013 (Hosted by FirstMark Capital)
AssertionNot 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 GurariJan 16, 2014▶ 13:17Itai Gurari, Judicata // Data Driven NYC 21 // Dec 2013 (Hosted by FirstMark Capital)
Disclosure
Judicata transforms unstructured case law into structured data
“What we're doing is, ah, transforming unstructured case law into structured data.”
Itai GurariJan 16, 2014▶ 3:08Itai Gurari, Judicata // Data Driven NYC 21 // Dec 2013 (Hosted by FirstMark Capital)
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