Talis Capital has invested in Luminance. Luminance, of London, provides document analytics software for the legal industry. Investors include Invoke Capital and law firm Slaughter & May. London, 15 December 2016 – Luminance, a pioneer of artificial intelligence for the legal industry, has secured funding from Talis Capital, which values the company at over $20 million. Launched in September, with the backing of Invoke Capital and Magic Circle law firm Slaughter & May, demand for Luminance's product is growing rapidly, with the company recently completing its tenth data room project.

This is a Lesson from our Data Science for Lawyers Workshops (Moderately Advanced). We'd appreciate any Feed Back, especially from non-Lawyers!.

When we examine and value companies, we use a lens that is more than five hundred years old. Generally Accepted Accounting Principles (GAAP), which dates back to a Venetian Friar who lived in 1500 AD, has long been the determinant of what we how society measures value. According to this now global standard, things and money are valuable assets. People and ideas, and their development, are expenses. This means that investments such as education, healthcare, training, and research actually eat away at value creation.

The five biggest tech companies have applied for more than 52,000 patents since 2009, according to a report by CB Insights. And the applications tell a story about where each of the tech giants is strong and where they're weak. For instance, the patent applications show that Apple lags badly in artificial intelligence, one of the fastest-growing segments in tech. Microsoft leads AI with more than 200 patent applications since 2009, and Google comes in second with 150. Apple came in last among the top five.

Palantir CEO Alex Karp Says Going Public Is'A Possibility' When we examine and value companies, we use a lens that is more than five hundred years old. Generally Accepted Accounting Principles (GAAP), which dates back to a Venetian Friar who lived in 1500 AD, has long been the determinant of what we how society measures value. According to this now global standard, things and money are valuable assets. People and ideas, and their development, are expenses. This means that investments such as education, healthcare, training, and research actually eat away at value creation.

CEO Mary Barra also announced Thursday that GM will build an unspecified number of fully autonomous Bolts on the assembly line where regular Bolts are made, in order to gain expertise in building autonomous vehicles. The Bolt, which went on sale in California and Oregon this week, can go 238 miles on a single charge and costs about $30,000 when a $7,500 federal tax credit is factored in. Autonomous Bolts, which have distinctive spinning laser towers on their roofs, will come off the assembly line in Orion Township north of Detroit starting next year.

The California Energy Commission (CEC) on Wednesday passed sweeping energy efficiency standards for computers and monitors in an effort to reduce power costs, becoming the first state in the country to adopt such rules. The regulations promise to reduce energy consumed by computers by about one-third, saving ratepayers some $373 million in utility bills by 2027, and figure to have impacts far beyond California's state lines. Computers and computer monitors in the state use an estimated 5,610 gigawatts-hours of electricity, representing up to 3 percent of residential electricity use and 7 percent of commercial use. ""Such efficiency improvements are good for consumers, good for the electric system, good for the environment and frankly good for the green credentials of the manufacturers," said Andrew McAllister, a CEC commissioner who helped guide the new rules through a four-year process of consultations with industry that culminated in Wednesday's 5-0 vote in Sacramento.

Last year's outlook for 2016 suggested that you keep your eye on the growing consumer control, the questions around AI and the excitement of virtual reality applications. The landscape has changed -- a lot. For the coming year, trends show a growing emphasis on a shifting local and global identity, the impact of intersectionality, and the real threat of cyber spying. As we enter 2017 are we more connected globally or not? A few years ago (or maybe just a month or two back?) globalism seemed like an inevitability.

As part of Artificial Lawyer's continuing series about emerging legal tech markets around the world, today's guest post about Belgium is brought to us by Tom Pieters, a lawyer at Belgian law firm AdvoDender. He is also a member of COMMIT (Committee on IT) and A.I.-D.I. (Committee on Artificial Intelligence and Digital Innovation) of the Flemish Bar Association. On October 27, 2016 Artificial Lawyer published a guest article by Dutch lawyer Niek van de Pasch on the quickly growing legal tech scene in Holland. It was a very interesting read, but it only added to my growing sense of unease, a feeling that started upon my discovery of Dutch Legal Tech in February 2016. I have been interested in all things tech for a very long time.

Here are some story lines I don't want you to miss today. Donald Trump has chosen one of the most consistently conservative presidential cabinets in recent history -- one whose presumed members' views don't always align with what Trump promised on the campaign trail. In Washington circles, the biggest guessing game is how it will all play out. Somehow, you have to think tweeting is involved. We don't want to jinx it, but … all of California should be in for some rain today.