The pitfalls of AI that could predict the outcome of court cases

Did you miss a session at the Data Summit? Companies have long sought technologies that promise an advantage in fighting litigation. For most enterprises, casework is a major drain on resources. In 2020, U.S. businesses spent a total of $22.8 billion dollars on litigation; law firm Fulbright & Jaworski estimated in 2005 that nearly 90% of businesses are engaged in some type of litigation and that the average company balances a docket of 37 lawsuits. With the democratization of AI and analytics tools, it was perhaps inevitable that startups would begin applying predictive techniques to the legal field -- particularly given the enormous market opportunity.