Photo: Elnur/Shutterstock.com Playing the Odds: Schiff Hardin Creates AI Tool to Simulate Claims' Value
The software addresses an age-old struggle for most lawyers: What's the value of my client's claim? Instead of relying on hunches and limited research, Schiff Hardin said it's leveraging machine learning and lawyer input.
October 29, 2020 at 10:00 AM
3 minute read
Like a growing number of firms, Schiff Hardin is looking to enhance their lawyers' educated guesses about clients risks with artificial intelligence (AI). Today, the firm publicly launched Magnitude, a program that simulates outcomes for a client's claim before the matter is settled or taken to trial.
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