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Law Office Automation

Sep. 15, 2016

Lawyers raise doubts about Peter Thiel-funded Legalist's algorithmic risk assessment tool

Attorneys working with existing legal data products said the newcomer's pitch is more investor hype than litigation solution.

By America Hernandez
Daily Journal Staff Writer

It's either a dream or a nightmare: You feed the facts of a lawsuit into a computer and it spits out how long a case will take, how much it will cost, and how likely you are to prevail.

Legalist Inc., a startup that received a $100,000 grant from Silicon Valley billionaire Peter Thiel to build just such a risk assessment tool for litigation finance, claims its algorithms deliver predictive...

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