In-House Counsel

At some point we will be able to analyze data on a moderate numbers off cases and predict the costs of similar cases.  An inspiration for this forecast is a computer system that predicts which death-row inmates are most likely to be executed, as described in Scientific Am., Vol. 299, Sept. 2008 at 36.  Software analyzed data on about 1,000 death-row prisoners, including their sex, age, race, schooling and whether they were ultimately executed.  When given similar information about 300 more prisoners, the logic developed from the first set of data correctly predicted the outcome for 92 percent of those cases. 

Someday, when a group of law departments contribute sufficient data on certain matters, someone will use similar software to predict the likely cost of such matters (See my post

pril 7, 2006