The Perils and Promise of Predictive Analytics in Law
Predictive analytics in the law began in areas of high-stakes corporate litigation, such as in the IP or securities law space. More recently, researchers and legal tech entrepreneurs are pushing to bring predictive analytics to other areas of the law, including consumer law, legal aid and government. This panel will discuss the important questions surrounding the increasing use of predictive analytics in the law, including
How do we properly interpret and use the insights gained from data?
Will understanding the “odds” dissuade otherwise important cases from being adjudicated?
Will understanding the “odds” potentially mask other important issues from consideration?
Are predictive analytics companies responsible to disclose how their systems arrived at certain conclusions to enable others to challenge the results?
Is it possible to compute policy objectives fairly and accurately?