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DISRUPTUNITY
The Legal Research Revolution is Now!!!
Jean O’Grady | John DiGilio
DLA Piper| LibSource
AGENDA
• Welcome & Introductions
• A Few Quick Rules
• Defining Disruption
• Disruption in Action
• Big Data
• Artificial Intelligence
• Analytics
• Opportunity Knocks
• Environmental indicators
• Q&A
‘The key is to embrace disruption
and change early. Don't react to it
decades later. You can't fight
innovation.’
- Ryan Kavanaugh
TODAY’S RULES
We are going to keep it:
• Informal
• Honest
• Upbeat
‘Welcome those big, sticky,
complicated problems. In them are
your most powerful opportunities.‘
- Ralph Marston
WHAT IS DISRUPTION?
• More than just shiny &
new
• More than innovation
• Seldom broadly
appealing
• Displaces established
technology or process
• Shakes up the industry
• Establishes a new market
WHAT IS DISRUPTION?
Clayton M. Christensen
• Disruptive Technologies: Catching the Wave (1995)
• The Innovator's Dilemma (1997)
• The Innovator's Solution (2003)
DISRUPTION
in action
Analytics &
Big Data
Artificial
Intelligence
Lawyers & Change
BIG DATA & ANALYTICS
• What is big data?
• “A popular term used to describe the exponential growth and availability of data,
both structured an unstructured”.
WHY BIG DATA?
• Volume (accelerated data growth, historical data sets now searchable)
• Velocity Data is streaming at an unprecedented speed
• Variety – Many formats (email, video, text documents, datasets)
• Variability – Inconsistent data flows, daily, seasonal, event driven
• Complexity – Data from multiple sources must be normalized, cleaned, matched, put into
hierarchies and relationships in order to be understood.
• What is Big Data – www.sas.com
WHY BIG DATA AND ANALYTICS?
Big Data” Leads to more accurate analysis
• Better decisions
• Reduced cost
• Greater Efficiencies
• Reduced Risk
BIG DATA FOR BUSINESS OF LAW
• Firms Already Exploring “Big Data” For Business Management
• AFA Pricing
• Share of market
• Competitor analysis – TR (Peer Monitor, Serengeti) WK (Tymetrix)
• Marketing and Business development , share of voice
• Financial analysis
BIG DATA FOR PRACTICE OF LAW
• Next Wave Will Be Big Data For Client Support
• Client advisory applications – better answers
• Benchmark executive compensation by industry and company performance metrics
• “What’s market” deal data incorporating ever more granular distinctions
• Client Advisory services: Financial impact of proposed government regulations
• Litigated issues: data mining to support client’s case
INFORMATION PROFESSIONAL
SKILLS AND BIG DATA
• Research interview – help the lawyer define the data needed
• Vetting the quality of information sources
• Asking new questions as data patterns emerge
• Identifying new lines of inquiry
• Asking the right questions will be a differentiator!
ASKING THE RIGHT QUESTION
• If everyone has the same data….
• Advantage will be gained by asking the right question
• Lawyers need to be one question ahead of the competitiion
• And it needs to be the right question.
“SMALL DATA” FOR DEPARTMENT
MANAGEMENT
• Small data – internal data provides powerful strategic insights
• Justify spending
• Manage
• Justify staffing
• Identify unmet needs
• Indentify opportunity
INTERNAL RESOURCE SPENDING ROI15
WESTLAW ANALYTICS: IN PLAN V
OUT OF PLAN 16
ANALYTICS IN RESEARCH PRODUCTS 17
ANALYTICS, VISUALIZATION AND
INSIGHTS
• Caselaw (Ravel and Fastcase)
• Dockets ( TR Intelligence Center, Courtlink, PacerPro)
• SEC Materials (Intelligize)
• News (Manzama, Linex, Ozmosys, Newsdesk)
• Judges Behavior ( Ravel, Lex Machina)
• 50 State Surveys (WK Smart Charts, Lexis, WL, BloombergBNA)
• Relationships (Relationship Science)
18
INTERNAL INSIGHTS
COURTROOM INSIGHT 20
http://www.courtroominsight.com/expert-witness-directory
RELATIONSHIP SCIENCE: 6 DEGREES OF
SEPARATION
21
FASTCASE – VISUALIZING CASELAW
22
RAVEL JUDGE’S ANALYTICS
LEX MACHINA: EARLY CASE
ASSESSOR
24
BLOOMBERG GOV – BUSINESS IMPACT/OPPORTUNITY
25
THOMSON REUTERS INTELLIGENCE
CENTER
26
BBNA: PRIVACY & DATA SECURITY
NEWS HEATMAP
27
WATSON ANALYTICS – FREE TRIAL
YOUR DATA
28
PREDICTIVE ANALYTICS
Introducing:
HOW IT WILL WORK…
31
Case Filings
Competitor
Data
Plaintiffs
Firm Content
Social Data
Delivers Data Driven Insights into Future Events
Note: The type and timing are
mutually dependent
in market positioning.
Predicting:
• Speculation
• Theory
• Hypothesis
Reporting:
• Analysis
• Key Learning's
• Comparisons
Decision Made
Use Cases: Anticipate Litigation / Issue
Spotting
32
SONAR:PREDICTING LEGISLATION
33
ARTIFICIAL INTELLIGENCE
What AI can do:
• Analysis
• Answers
• Absorb
What AI cannot do:
• Common Sense
• Creativity (long-form)
• Improve with repetition
ARTIFICIAL INTELLIGENCE
ARTIFICIAL INTELLIGENCE
LAWYERS AND CHANGE
WHY ISN’T YOUR FIRM DOING MORE TO CHANGE
THE WAY IT DELIVERS LEGAL SERVICES?
38
Altman&Weil 2015
Law Firms in Transition
FUTURE OF PROFESSIONS 39
Susskind’s Evolution of Work 40
SUSSKIND 3 STAGES OF
TRANSFORMATION
• Denial – we don’t need to change.
• Sourcing work differently: outsourcing, low cost centers
• Embracing disruptive technologies
41
LAWYERS (LIBRARIANS) FACE
REBRANDING…BY 2025
• Legal Process Analysts
• Legal Project managers
• Legal Knowledge Engineers
42
ARE LAWYERS AFRAID OF
THESE CHANGES?
“ The major emotion I find – and it’s probably a rationalization—is disbelief rather
than fear. We are not even at the fear stage.”
---Richard Susskind
43
ARE LIBRARIANS AFRAID OF
CHANGE
• American Lawyer: 2016 Library Survey
•
• Innovation Indicators
• 73% plan to eliminate most of their print within the next 5 years
• 71% report growth in CI work
•
• The majority of respondents are not introducing these innovations queried in the survey:
• Only 40-44% have centralized any technical functions
• Only 20% have introduced at least one analytics product
• Only19% are using machine learning products
• Only 10% are implementing an AI project
• Only 18% involved in Workflow improvement
• Only 19% have implemented big data dashboards.
ABANDON THE SILO
The Collaboration Imperative
FROM A QUITE PLACE TO RESEARCH…46
Starbucks Model: Working alone together 47
Genius Bar Model: Help Center 48
Innovation Lab Model 49
Innovation Lab: Noisy social
collaboration 50
THE FUTURE CAN BE INVENTED
51
OPPORTUNITIES
for success
Adoption
Implementation
Expertise
Q&AQuestions
Answers
SPEAKERS
Jean O’Grady
Director of Research Services & Libraries at DLA Piper
US, LLP, Jean has over 25 years experience
developing strategic information initiatives for large
law firms.
She holds a J.D. from Fordham University School of
Law, an M.L.S. from St. John’s University and a B.A. in
History from Fordham University. She is a member of
the NY State Bar.
John DiGilio
Senior Director of Research & Intelligence at
LibSource, John’s extensive experience working
for large law firms and legal information vendors
includes Thomson Reuters, K&L Gates, and, most
recently, Reed Smith LLP, where he was the National
Manager of Research Services for almost a decade.
John is very active in the law and law library communities. He has written for
numerous regional and national publications as well as taught college and
graduate courses in such topics as business ethics, e-commerce, fair employment
practices, research methodology and business law. He enjoys talking about
technology and leadership to various library organizations and has spoken of his
passion all over the world.
John earned his Juris Doctorate from Pepperdine University School of Law and his
Master of Library & Information Science from the University of Pittsburgh’s School
of Information Sciences. He is the founder and Editor-in-Chief of On Firmer
Ground, a blog by and for law firm librarians, and his own information tech
blog, TILT. He is also the co-editor of the popular Pinhawk Law Librarian Digest.
She has previously held Director positions at WilmerHale in DC and Shea &
Gould in NY. Jean has been an adjunct faculty member at the graduate schools
of Library and Information Science at St. John’s University and Long Island
University where she taught legal research courses.
Jean was 2013-14 Chair of the Private Law Libraries & Information Professionals
Special Interest Section of the American Association of Law Libraries and a past
President of the Law Library Association of Greater New York. She is a frequent
author and speaker on the transformation of libraries, digital contract licensing
and negotiations, knowledge management, library management issues and
legal publishing issues. Jean is the founder of the popular Dewey B. Strategic
blog.
FURTHER READING
• Bots, Big Data, Blockchain, and AI – Disruption or Incremental Change? – Ron Friedmann
• 3 Reasons the Legal Industry’s Ripe for Tech Disruption – Monica Zent
• Four Areas of Legal Ripe for Disruption by Smart Startups – Bob Goodman & Josh Harder
• Lawyer, Disrupt Thyself – Sarah Reed
• THE GREAT DISRUPTION: HOW MACHINE INTELLIGENCE WILL TRANSFORM THE ROLE OF LAWYERS IN THE
DELIVERY OF LEGAL SERVICES – McGinnis & Pearce
• Disruption Interruptus: Why Has Legal Disruption Been Relegated to the Margins? – Mark Cohen
• Disruption, Innovation and Change: The Future of the Legal Profession – Law Institute of Victoria
• 5 Solid Links for Getting Smart on what Watson Means for Legal – Frank Strong
• Machines v. Lawyers – John McGinnis
• Technology: Breaking the law – Michael Skapinker
• The Practice of Law Does Not Need to Be Disrupted – Sam Glover
• Why Legal Disruption Is Working – Linkilaw
• Digital disruption and its impact on legal research - LexisNexis
* All are freely available online
Disruptunity - The Legal Research Revolution is Now

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Disruptunity - The Legal Research Revolution is Now

  • 1. DISRUPTUNITY The Legal Research Revolution is Now!!! Jean O’Grady | John DiGilio DLA Piper| LibSource
  • 2. AGENDA • Welcome & Introductions • A Few Quick Rules • Defining Disruption • Disruption in Action • Big Data • Artificial Intelligence • Analytics • Opportunity Knocks • Environmental indicators • Q&A ‘The key is to embrace disruption and change early. Don't react to it decades later. You can't fight innovation.’ - Ryan Kavanaugh
  • 3. TODAY’S RULES We are going to keep it: • Informal • Honest • Upbeat ‘Welcome those big, sticky, complicated problems. In them are your most powerful opportunities.‘ - Ralph Marston
  • 4. WHAT IS DISRUPTION? • More than just shiny & new • More than innovation • Seldom broadly appealing • Displaces established technology or process • Shakes up the industry • Establishes a new market
  • 5. WHAT IS DISRUPTION? Clayton M. Christensen • Disruptive Technologies: Catching the Wave (1995) • The Innovator's Dilemma (1997) • The Innovator's Solution (2003)
  • 6. DISRUPTION in action Analytics & Big Data Artificial Intelligence Lawyers & Change
  • 7. BIG DATA & ANALYTICS • What is big data? • “A popular term used to describe the exponential growth and availability of data, both structured an unstructured”.
  • 8. WHY BIG DATA? • Volume (accelerated data growth, historical data sets now searchable) • Velocity Data is streaming at an unprecedented speed • Variety – Many formats (email, video, text documents, datasets) • Variability – Inconsistent data flows, daily, seasonal, event driven • Complexity – Data from multiple sources must be normalized, cleaned, matched, put into hierarchies and relationships in order to be understood. • What is Big Data – www.sas.com
  • 9. WHY BIG DATA AND ANALYTICS? Big Data” Leads to more accurate analysis • Better decisions • Reduced cost • Greater Efficiencies • Reduced Risk
  • 10. BIG DATA FOR BUSINESS OF LAW • Firms Already Exploring “Big Data” For Business Management • AFA Pricing • Share of market • Competitor analysis – TR (Peer Monitor, Serengeti) WK (Tymetrix) • Marketing and Business development , share of voice • Financial analysis
  • 11. BIG DATA FOR PRACTICE OF LAW • Next Wave Will Be Big Data For Client Support • Client advisory applications – better answers • Benchmark executive compensation by industry and company performance metrics • “What’s market” deal data incorporating ever more granular distinctions • Client Advisory services: Financial impact of proposed government regulations • Litigated issues: data mining to support client’s case
  • 12. INFORMATION PROFESSIONAL SKILLS AND BIG DATA • Research interview – help the lawyer define the data needed • Vetting the quality of information sources • Asking new questions as data patterns emerge • Identifying new lines of inquiry • Asking the right questions will be a differentiator!
  • 13. ASKING THE RIGHT QUESTION • If everyone has the same data…. • Advantage will be gained by asking the right question • Lawyers need to be one question ahead of the competitiion • And it needs to be the right question.
  • 14. “SMALL DATA” FOR DEPARTMENT MANAGEMENT • Small data – internal data provides powerful strategic insights • Justify spending • Manage • Justify staffing • Identify unmet needs • Indentify opportunity
  • 16. WESTLAW ANALYTICS: IN PLAN V OUT OF PLAN 16
  • 17. ANALYTICS IN RESEARCH PRODUCTS 17
  • 18. ANALYTICS, VISUALIZATION AND INSIGHTS • Caselaw (Ravel and Fastcase) • Dockets ( TR Intelligence Center, Courtlink, PacerPro) • SEC Materials (Intelligize) • News (Manzama, Linex, Ozmosys, Newsdesk) • Judges Behavior ( Ravel, Lex Machina) • 50 State Surveys (WK Smart Charts, Lexis, WL, BloombergBNA) • Relationships (Relationship Science) 18
  • 21. RELATIONSHIP SCIENCE: 6 DEGREES OF SEPARATION 21
  • 24. LEX MACHINA: EARLY CASE ASSESSOR 24
  • 25. BLOOMBERG GOV – BUSINESS IMPACT/OPPORTUNITY 25
  • 27. BBNA: PRIVACY & DATA SECURITY NEWS HEATMAP 27
  • 28. WATSON ANALYTICS – FREE TRIAL YOUR DATA 28
  • 31. HOW IT WILL WORK… 31 Case Filings Competitor Data Plaintiffs Firm Content Social Data Delivers Data Driven Insights into Future Events
  • 32. Note: The type and timing are mutually dependent in market positioning. Predicting: • Speculation • Theory • Hypothesis Reporting: • Analysis • Key Learning's • Comparisons Decision Made Use Cases: Anticipate Litigation / Issue Spotting 32
  • 34. ARTIFICIAL INTELLIGENCE What AI can do: • Analysis • Answers • Absorb What AI cannot do: • Common Sense • Creativity (long-form) • Improve with repetition
  • 38. WHY ISN’T YOUR FIRM DOING MORE TO CHANGE THE WAY IT DELIVERS LEGAL SERVICES? 38 Altman&Weil 2015 Law Firms in Transition
  • 41. SUSSKIND 3 STAGES OF TRANSFORMATION • Denial – we don’t need to change. • Sourcing work differently: outsourcing, low cost centers • Embracing disruptive technologies 41
  • 42. LAWYERS (LIBRARIANS) FACE REBRANDING…BY 2025 • Legal Process Analysts • Legal Project managers • Legal Knowledge Engineers 42
  • 43. ARE LAWYERS AFRAID OF THESE CHANGES? “ The major emotion I find – and it’s probably a rationalization—is disbelief rather than fear. We are not even at the fear stage.” ---Richard Susskind 43
  • 44. ARE LIBRARIANS AFRAID OF CHANGE • American Lawyer: 2016 Library Survey • • Innovation Indicators • 73% plan to eliminate most of their print within the next 5 years • 71% report growth in CI work • • The majority of respondents are not introducing these innovations queried in the survey: • Only 40-44% have centralized any technical functions • Only 20% have introduced at least one analytics product • Only19% are using machine learning products • Only 10% are implementing an AI project • Only 18% involved in Workflow improvement • Only 19% have implemented big data dashboards.
  • 45. ABANDON THE SILO The Collaboration Imperative
  • 46. FROM A QUITE PLACE TO RESEARCH…46
  • 47. Starbucks Model: Working alone together 47
  • 48. Genius Bar Model: Help Center 48
  • 50. Innovation Lab: Noisy social collaboration 50
  • 51. THE FUTURE CAN BE INVENTED 51
  • 54. SPEAKERS Jean O’Grady Director of Research Services & Libraries at DLA Piper US, LLP, Jean has over 25 years experience developing strategic information initiatives for large law firms. She holds a J.D. from Fordham University School of Law, an M.L.S. from St. John’s University and a B.A. in History from Fordham University. She is a member of the NY State Bar. John DiGilio Senior Director of Research & Intelligence at LibSource, John’s extensive experience working for large law firms and legal information vendors includes Thomson Reuters, K&L Gates, and, most recently, Reed Smith LLP, where he was the National Manager of Research Services for almost a decade. John is very active in the law and law library communities. He has written for numerous regional and national publications as well as taught college and graduate courses in such topics as business ethics, e-commerce, fair employment practices, research methodology and business law. He enjoys talking about technology and leadership to various library organizations and has spoken of his passion all over the world. John earned his Juris Doctorate from Pepperdine University School of Law and his Master of Library & Information Science from the University of Pittsburgh’s School of Information Sciences. He is the founder and Editor-in-Chief of On Firmer Ground, a blog by and for law firm librarians, and his own information tech blog, TILT. He is also the co-editor of the popular Pinhawk Law Librarian Digest. She has previously held Director positions at WilmerHale in DC and Shea & Gould in NY. Jean has been an adjunct faculty member at the graduate schools of Library and Information Science at St. John’s University and Long Island University where she taught legal research courses. Jean was 2013-14 Chair of the Private Law Libraries & Information Professionals Special Interest Section of the American Association of Law Libraries and a past President of the Law Library Association of Greater New York. She is a frequent author and speaker on the transformation of libraries, digital contract licensing and negotiations, knowledge management, library management issues and legal publishing issues. Jean is the founder of the popular Dewey B. Strategic blog.
  • 55. FURTHER READING • Bots, Big Data, Blockchain, and AI – Disruption or Incremental Change? – Ron Friedmann • 3 Reasons the Legal Industry’s Ripe for Tech Disruption – Monica Zent • Four Areas of Legal Ripe for Disruption by Smart Startups – Bob Goodman & Josh Harder • Lawyer, Disrupt Thyself – Sarah Reed • THE GREAT DISRUPTION: HOW MACHINE INTELLIGENCE WILL TRANSFORM THE ROLE OF LAWYERS IN THE DELIVERY OF LEGAL SERVICES – McGinnis & Pearce • Disruption Interruptus: Why Has Legal Disruption Been Relegated to the Margins? – Mark Cohen • Disruption, Innovation and Change: The Future of the Legal Profession – Law Institute of Victoria • 5 Solid Links for Getting Smart on what Watson Means for Legal – Frank Strong • Machines v. Lawyers – John McGinnis • Technology: Breaking the law – Michael Skapinker • The Practice of Law Does Not Need to Be Disrupted – Sam Glover • Why Legal Disruption Is Working – Linkilaw • Digital disruption and its impact on legal research - LexisNexis * All are freely available online