The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 10 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
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.”
NLP is not yet advanced enough to fully automate legal research
“The NLP isn't quite there. It may never get there.”
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.”
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.”
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.”
Judicata transforms unstructured case law into structured data
“What we're doing is, ah, transforming unstructured case law into structured data.”
Westlaw employs 800 attorney editors to structure case law
“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.”
Bloomberg acquired BNA for approximately $1 billion
“More recently they bought BNA, which is a company that was founded in two, in 1929. For about a billion dollars.”
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…”