Global Bigdata Conference

Many companies today are employing deep learning techniques in different facets of their business. Yelp uses deep learning algorithms to feature the best user photos, Netflix uses it to suggest movies you might be interested in, and Google ultimately transformed the concept of deep learning by creating a system that helps generate responses to search queries. It's widely believed that you no longer need to know your data; you can just apply a little deep learning magic and poof -- problem solved. However, the reality is that this could not be further from the truth, at least for the legal industry. As an example, deep learning can be essential when legal counsel within an organization wants to find out how many contracts (among 10s to 100s of thousands) has termination for convenience clauses that could disrupt the business, or if any have strict assignment rules that may be a problem for a M&A event.