Evolve Harmoniously…
(Rule of Infinite Games)
LegalTech Law-as-a-Service (LaaS)
- LegalTech Market Share SWOT Analysis
- What is LaaS Ecosystem?
- Why LaaS?
- Deloitte Example – 16 AI Projects
- State-of-the-Art
- Legal Tech Portfolio
- Legal Tech Agile/Scrum/HR Analysis
- Key LaaS Components
- LaaS On-Prem/Virtual Workspace
- Cloud Computing (CC) LaaS Virtualization
Key SaaS Vendors
| No. | Vendor | HQ | Year | Value bln $ | No Buyers | Likes | Product Brand(s) | Description |
| 1 | IBM | NY, USA | 1911 | 100 | 70 | 101 | ROSS Platform | Natural Language Q&A Search Data from a Billion Documents |
| 2 | CPA Global | West Sussex, UK | 1969 | 0.5 | 86 | 56 | IP portfolio software | Competitor benchmark, portfolio diagnostic, rapid landscape, and BI |
| 3 | LexisNexis | NY, USA | 1970 | 5 | 61 | 92 | Lex Machina Inc., Ravels Law | Legal analytics platform, app, legal research and visualization |
| 4 | Analytics Consulting LLC | MN, USA | 1970 | 1 | 69 | 55 | E-Discovery, Remote Deployment Tools | Consulting and administration services for class action and legal notice |
| 5 | Argopoint LLC | MA, USA | 2005 | 0.01 | 86 | 60 | Targeted Expertise & Solutions | Management consulting, law firm outsourcing, and strategic planning |
| 6 | Bloomberg BNA | Virginia, USA | 1929 | 1 | 77 | 42 | Brief Analyzer, Litigation Analytics, Points of Law, Smart Code | Dockets, BI – a well-established company in the legal analytics market. |
| 7 | Premonition | NY, USA | 2014 | 0.005 | 60 | 51 | LitigationScan, Vigil, Motions Analyzer, CaseFacts | The World’s Largest Litigation Database, real-time court monitoring |
LaaS Best Industry Practices
| No. | Industry Sector (BarentsKrans) | LaaS Applications, Techniques & Resources |
| 1 | Arbitration | AI + Predictive LA (ArbiLex) |
| 2 | Commercial Litigation | LA (Lex Machina) |
| 3 | Commercial Contracts | AI-Automated Contracts Review (JP Morgan) |
| 4 | Corporate Litigation | LA (Lex Machina) |
| 5 | Corporate/M&A | Deal Law Wire blog, Nalytics, PwC, NLP AI |
| 6 | Employment Law | bluJ, LegalMation |
| 7 | EU& Competition | Big Data, AI, The CoRe Blog |
| 8 | Financial Litigation | Unstructured Data, Premonition |
| 9 | Financing | Bloomberg Law, DWF |
| 10 | IP&Technology | Docket, Lex Machina, KU Leuven |
| 11 | Restructuring & Insolvency | CMS, Baker McKenzie, Bird&Bird, NautaDutilh |
| 12 | Private Wealth & Family Owned Business | Law Firm BI, MAaaS, EZlytix, VWV, Smokeball |
| 13 | Public Law & Regulatory | Dac BeachCroft, Melvin Tjon Akon, KU Leuven |
| 14 | Real Estate | KPMG Nederland, Selerity (SAS), big data + AI |
| 15 | Supreme Court Litigation | Dewey B Strategic, Westlaw Edge, Visual LA |
| 16 | Sustainable Energy | CMS, Energy Lawyers |DWF, RELP |
| 17 | Healthcare | “Data Frabric”, AI Legal Risks, CMS |
| 18 | Hotels & Leisure | CMS, WWL, DLA Piper, Dentons, DWF |
| 19 | Privacy & Data Protection | Houthoff, Compact, PwC, TrustArc, Piwik Pro |
Marketing LaaS Applications
- Essential for Law Firm Marketing Plans
- Determining Case Type Profitability
- Trendspotting
- Finding Your Ideal Client
- Measure Effectiveness of Marketing Efforts
LaaS Scope:
* Analyzing the main sources of your website traffic
* Understanding how users interact with your website
* Identifying what percentage of your website traffic converts to paying clients
* Finding weaknesses on your website via webscraping/crawling
* Identifying the most effective and profitable marketing channels
Bottom Line:
The days of “shot-in-the-dark” marketing efforts are done.
In-House Counsel: Smart Uses of LaaS/LA
- E-Discovery ESI Search (TAR)
Legal Analytics (LA) dashboards, FFF, filtering for privilege, predictive coding methods - Automated Records Management
LA e-mail auto-categorization to increase observability of records by preventing over-preservation of ESI - Legacy Data Remediation
LA content classification for information governance (e.g. record retention policies) - Corporate Due Diligence
Prepare a company for sale – advanced LA to trace internal disagreements - Post-Merger Recuperation
La integrated valuation based on financial performance, CLV, market share, etc. - Initiating Whistle-blower Investigations
- Predictive LA: determining if an allegation is true
- Detecting a Kickback Scheme (Corporate Bribery)
- Irregularities in communication patterns between employees
- Early Warnings of Employment Discrimination
- Sentiment analysis, NLP (texts)
- Monitoring of Potential Data Breaches
- Forensic analysis of the threat environment via monitoring of (un-)structural content
- Data Mining of Customer Information
PoC Analysis of EU Law Sources
- Official Journal of the EU (OJ)
- Official Journal – L/C Series
- European Court Reports (ECR)
- EUR-Lex: the Legal DB of the EU
- Curia – DB for Court of Justice of the EU
- Europa.eu – the official website of the EU
- News Room
- Consult Lundin University
AI-Assisted LaaS Data Security Issues
Advanced Cloud LaaS + ML+DevSecOps
Objective:
Establish and Edge over the Rest of the Competition in Legal Tech Market
- Agile/Scrum/DevSecOps/CI/CD Methodology + Tools + CRM + UX All the Way
- Big Meta Text Data Fast Automated LA ETL Pipelines (Linux Bash/Sed Scripts)
- Effective LA Applications of Logistic Regression and Classification Predictive Modelling (ML)
- DSP-Style Sparsity-Aware Real-Time Series Analysis (Anomaly Detection)
- Fractal Power-Law (Log-Log Domain) and Polynomial Regression Analysis
- PCA Covariance DWT (Data Compression, Conditioning Number, etc.)
- Advanced Univariate, Bivariate and Multivariate Statistics
- Distribution Fitting, Bootstrap, Cross-Validation, Power Spectra, Cluster/Graph Analysis
- DL/AI Nuts & Bolts (L-Curve Hyperparameter, Backpropagation, Resolution Matrix, etc.)
- Quantitative Uncertainty QC Analysis All the Way: from Data Cleaning to Visualization
- A Deep Dive into DL LA Modeling using MATLAB/Simulink Deployment Tools (Premium)
- DevSecOps CI/CD Automation and Relevant Applications to LA Best Case Examples
- Harvesting the Power of Multi-Cloud Environment coupled with Hybrid Cloud Architecture
Multi-Cloud DevSecOps CI/CD Lifecycle
LegalTech Price Comparison
| Vendor | Product | Price | LaaS Offer |
| Advanced Market Analytics (AMA) | Legal Analytics Study Forecast Years 2020-2025 | $7000 | $500 |
| Transparency Market Research | Legal Analytics Market Forecast Years 2017-2020 | $5795 | Free |
| Mordor Intelligence | Legal Analytics MarketForecast Years 2020-2025 | $7500 | $500 |
| Wolters Kluwer (NL) | Avanzer Advies | $1985/year | Negotiable price, SaaS license free |
| LexisNexis | Lexis+ Package for Online Legal Research | $2100/year | Negotiable price, SaaS license free |
| DocketNavigator | PatentPlus 4-9 users | $4560/year | Negotiable price, SaaS license free |
| Casetext | Small Firm (2-11 attorneys) | $1068/year per attorney | Negotiable price, SaaS license free |
| Ross Intelligence | AI-driven products | $1068/year | Cloud API&SSO customer-friendly pricing |
| Gauge Data Solutions Pvt. Ltd. | CaseMine(Text Analytics, ML/AI, Information Retrieval) | $1800/year | Cloud API&SSO customer-friendly pricing |
| MochaDocs (NL) | Contract Management Platform (dashboards) | $625/user/year | Cloud API&SSO customer-friendly pricing |
| SAS Software | SAS Visual Analytics | $8000/year | Open-source software |
| Tableau | Embedded Analytics | $840/user/year | Open-source software |
| Amazon | AI & Legal Analytics Book | $57 | Free Manual(s) |
LaaS Call of Interest
LaaS is an emerging EU brand in the Legaltech (legal technology) sector growing at a CAGR of 27.2%.
Objectives:
Improve efficiency, gain insight and realize greater value from available legal data sources
Legal data mining to compare patterns and trends in legal decisions over a given time period
Help law firms remain competitive and make better pricing/staffing/investment decisions
Increase awareness of legal tech to reduce legal, regulatory and operational risks globally
Features:
Harness the power of (~97%) individual data, internal law firm data and legal industry data
Applications of legal analytics to marketing research, e-discovery, BI and legal automation
Focus on best Legaltech industry practices (big data, predictive LA, ML/AI, NLP, CX Cloud)
Cost-effective hybrid on-premise/multi-cloud open-source X-platform deployment model
Portfolio:
Open-source LaaS workflows (Windows) – business innovation applied to the legal world
AWS/GCP API+SSO ETL pipelines (Linux) – max cost-effective Legtech benefits of cloud
Services:
All-inclusive on-demand legal data e-discovery/mining to accelerate data-driven legal decision making
End-to-end script-based LaaS ETL processes that optimize the efficiency of legal services
Promotions:
Free trials, free online training via MOOC, introductory e-lectures, non-profit EC initiatives
In-kind SLA (small-scale POC studies, short-term pilots and R&D outsourcing capabilities)
Benefits:
As-a-Service 10-fold acceleration of legal business, low-cost legal analytics, 50% discounts
License-free open-source LaaS deployment (on-premises/multi-cloud Legal DevSecOps)
24/7 360° support, personal training, CaaS, end-user HTML manuals, webinars, live demo
Use Cases:
Legaltech marketing reports, web scraping tests in R, legal BI insights, search automation
AWS face recognition pipelines (Python) and GCP Dialogflow conversational NLP applications
Partners/Stakeholders
Contact: #dighisci @alzapress
EU Legal FAQ
- What is Eur-Lex?
Eur-Lex DB is an invaluable resource for anyone interested in the EU law.
- In which DB will you find cases from the EU Court of Justice ?
- What about EU legal publications?
Almost all EU legal acts are available for free online and are translated into all member state languages.
- What are some examples of EU Secondary Legislation?
Directives, Regulations, Decisions.
- What about the following case C-43/01?
The case is from 2001, and it is from the Court of Justice.
- Why is the opinion of the Advocate General important when reading case law from the EU Court of Justice?
It contains more information than the actual judgement, and it contains a detailed analysis of the case.
Digital High Science 