Credit: NicoElNino/Adobe Stock In Predictive Analytics Market, Law Firms See a Space of Their Own
Law firms that are developing predictive analytics tools see an opportunity in a market long dominated by legal tech providers. But it's an open questions whether more firms will jump in.
May 04, 2022 at 11:30 AM
7 minute read
Legal Technology
This is the last article in our three-part series on the state and development of predictive analytics in the legal market. Our first article explored the technology's foothold in the legal industry and where it's likely to expand in the future, while our second article looked at why predictive analytics' growing accuracy will likely hit a ceiling.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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