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1. Pradhan mantri Jan Dhan Yojana (World’s largest Financial Inclusion programme)'Pradhan Mantri Jan-Dhan Yojana' was announced by Prime Minister Narendra Modi in his Independence Day address on 15 August, 2014. This is a National Mission on Financial Inclusion encompassing an integrated approach to bring about comprehensive financial inclusion of all the households in the country. The plan envisages universal access to banking facilities with at least one basic banking account for every household, financial literacy, access to credit, insurance and pension facility. In addition, the beneficiaries would get RuPay Debit card having inbuilt accident insurance cover of 1 lakh.For more Info: Pradhan Mantri Jan-Dhan Yojana2. Pandit Deen Dayal Upadhyaya Shramev Jayate KaryakramPandit Deendayal Upadhyay Shramev Jayate Karyakram was launched by Prime Minster Narendra Modi on 16 Oct 2014. The Karyakram is Looking to create an environment conducive to industrial development while also ensuring transparency in the labour sector.A dedicated Shram Suvidha Portal: That would allot Labour Identification Number (LIN) to nearly 6 lakhs units and allow them to file online compliance for 16 out of 44 labour lawsAn all-new Random Inspection Scheme: Utilizing technology to eliminate human discretion in selection of units for Inspection, and uploading of Inspection Reports within 72 hours of inspection mandatoryUniversal Account Number: Enables 4.17 crore employees to have their Provident Fund account portable, hassle-free and universally accessibleApprentice Protsahan Yojana: Will support manufacturing units mainly and other establishments by reimbursing 50% of the stipend paid to apprentices during first two years of their trainingRevamped Rashtriya Swasthya Bima Yojana: Introducing a Smart Card for the workers in the unorganized sector seeded with details of two more social security schemes3. Deen Dayal Upadhyaya Antyodaya YojanaDeen Dayal Upadhyaya Antyodaya Yojana or DAY is a Government scheme for the uplift of urban and rural poor through enhancement of livelihood opportunities through skill development and other means. Government of India has provisioned Rs 500 crore for the scheme.4. Mission Housing for allThis is one of the major scheme of government’s urban development and housing initiatives, Which focused at social inclusion so as to benefit all sections of urban residents including slum dwellers. The program proposes to build 2 crore houses across the Nation by 2022.For more Info : Ministry of Housing and Urban Poverty Alleviation5. Micro Units Development and Refinance Agency Bank (MUDRA Bank)MUDRA Bank was launched by Prime Minister Narendra Modi on 8 April 2015. It is a public sector financial institution in India. It provides loans at low rates to microfinance institutions and non-banking financial institutions which then provide credit to MSME's. MUDRA will have an initial corpus of Rs 20,000 crore and a credit guarantee corpus of Rs 3,000 croreFor more info : Micro Units Development & Refinance Agency Ltd.6. My Gov Online PlatformMyGov is a citizen engagement platform founded by the Government of India to promote the active participation of Indian citizens in their country's governance and development. It is also aimed at creating a common platform for Indian citizens to "crowd source governance ideas from citizens". The users shall be allowed to discuss and to contribute on various government projects and plans. 7. Digital IndiaDigital India is an initiative of Government of India to integrate the government departments and the people of India. It aims at ensuring the government services are made available to citizens electronically by reducing paperwork. The initiative also includes plan to connect rural areas with high-speed internet networks. Digital India has three core components. These include the creation of digital infrastructure, delivering services digitally and digital literacy. The project is slated for completion by 2019.8. Make In IndiaMake in India is an initiative of the Government of India, to encourage companies to manufacture their products in India. It was launched by Prime Minister Narendra Modi on 25 September 2014.Make in India initiative has been on main agenda in various foreign visits of Prime Minister Narendra Modi. PM Modi sees Make in India as a vital impetus for employment & growth.9. Deen Dayal Upadhyaya Grameen Kaushal YojanaThe Government of India has set an ambitious target for providing skill training to 500 million of its youth by 2022. Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY), the skill training and placement program of the Ministry of Rural Development (MoRD), focused on the rural poor youth and its emphasis on sustainable employment through the prominence and incentives given to post-placement tracking, retention and career progression. 10. National Policy for Skill Development and EntrepreneurshipThe objective of the National Policy on Skill Development and Entrepreneurship, 2015 will be to meet the challenge of skilling at scale with speed and standard (quality). It will aim to provide an umbrella framework to all skilling activities being carried out within the country, to align them to common standards and link the skilling with demand centers.11. National Sports Talent Search SchemeThe government is launching a National Talent Search Scheme to scout for sports talent in various schools and institutions across the country. The government is planning to implement the Scheme from next financial year by setting up National Sports Academies and start Sports Science courses in select universities and medical colleges across the nation.12. Padhe Bharat Badhe BharatPadhe Bharat Badhe Bharat is a nationwide sub-programme of Sarva Shiksha Abhiyan, which focuses on early reading, writing and comprehension and early grade mathematics. During 2014-15, ₹2,352.57 crore has been allocated to States/UTs for improvement of quality programmes. The programme was pioneered by Atal Bihari Vajpayee. 13. Pandit Madan Mohan Malviya National Mission on Teachers and Teacher TrainingGovernment of India launches the Scheme; Pandit Madan Mohan Malviya National Mission on Teachers & Teaching with an outlay of Rs. 900 crores during XII Plan. The Mission would address, on the one hand, current and urgent issues such as supply of qualified teachers, attracting talent into teaching profession and raising the quality of teaching in schools and colleges.14. Rashtriya Avishkar AbhiyanThe Rashtriya Aavishkar Abhiyan (RAA) envisages to motivate and engage children of the age group from 6-18 years in Science, Mathematics and Technology through observation, experimentation, inference drawing, model building, etc. both through inside and outside classroom activities and processes.15. Deen Dayal Upadhyaya Gram Jyoti YojanaDeen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) is a Central Government’s scheme aimed to provide continuous power supply to rural India. It is one of the key initiatives of Modi Government and it aims to supply 24x7 uninterrupted power supply to all homes. The government plans to invest Rs 75,600 crore for rural electrification under this scheme. The scheme will replace the existing Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY).16. Soil Health Card SchemeThe Government is focusing attention on the health of soil in agricultural areas across the country, to boost productivity and bring about increased prosperity. The experts will analyze the strength and weaknesses (micro-nutrients deficiency) of the soil based on the soil sample test and will suggest measures to deal with it. The result and suggestion will be displayed in the cards. The Government plans to issue 14 crore Soil Health Cards to the farmers over the next 3 years.17. Pradhan Mantri Krishi Sinchai YojanaPradhan Mantri Krishi Sinchai Yojana is aimed at ensuring access to water to every farm (“Har Khet Ko Pani”) round the year and improving water use efficiency (“Per Drop More Crop”). A comprehensive mapping and identification of water bodies across the country is one of the main focus area of the plan.18. Jan Suraksha Schemes (PMJJBY, PMBSY, APY)The budget 2015-16, had proposed, three Social Security Schemes, Pradhan Mantri Suraksha BimaYojna, Atal PensionYojana and Pradhan Mantri Jeevan Jyoti Bima Yojana. These three social security schemes, on Jan Dhan platform, was to protect an Indian citizen against illness, accidents, or penury in old age. This path breaking initiative towards providing affordable universal access to essential social security protection in a convenient manner, linked to auto-debit facility from the bank account of the subscriber was launched by the Prime Minister on 9th May, 2015.19. Rashtriya Gokul MissionRashtriya Gokul Mission Aims to Conserve and Develop Indigenous cattle Breeds through professional farm management and superior nutrition. The Rashtriya Gokul Mission is a focused project under National Programme for Bovine Breeding and Dairy Development, with an outlay of Rs 500 crore during the 12th Five Year Plan.20. Beti Bachao, Beti Padhao AbhiyaanTo end female feticide and discrimination against girl child Prime Minister Narendra Modi launched Beti Bachao, Beti Padhao Abhiyan on 22 Jan at Panipat, Hariyana. With an initial corpus of Rs 100 crore, the scheme has been launched in 100 districts across the country.21. Sukanya Samriddhi AccountSukanya Samriddhi Account is a special deposit account under the Sukanya Samriddhi Yojana (Girl child prosperity scheme) launched by the Prime Minister of India on 22 January 2015, with the stated aim of improving the welfare of female children in India. For more info on account facilities : National Savings Certificates (NSC)22. Himmat AppMobile App “Himmat” application downloaded in the smart phone helps women to raise SOS alert in case of any emergency and the same gets reported along with victim/ caller location in real time on the computer consoles placed in the Central Police Control Room, Delhi. The App aims to instill confidence in women, to help women in distress and to ensure their safety in Delhi.23. PAHAL-Direct Benefits Transfer for LPG (DBTL)Consumers Scheme PAHAL has become one of the largest cash transfer schemes of the world. This program aims to transfer subsidies directly to the people through their bank accounts. The Direct Benefit transfer of LPG (DBTL) scheme PAHAL (Pratyaksh Hanstantrit Labh) was re-launched on 15.11.2014 and implemented in two phases. The scheme will cover over 15.3 crore consumers across 676 districts of the country.24. Swachh Bharat MissionSwachh Bharat Abhiyan is a national campaign of Indian Government, covering 4041 statutory towns, to clean the streets, roads and infrastructure of the country. This campaign was officially launched on 2 October 2014 at Rajghat, New Delhi , where Prime Minister Narendra Modi himself cleaned the road. It is India's biggest ever cleanliness drive and 3 million government employees and school and college students of India have participated in this event. 25. Gold Monetisation SchemeIn the Union Budget Speech of 2015-16, an announcement was made and it was proposed to introduce a Gold Monetization Scheme, which will replace both the present Gold Deposit and Gold Metal Loan Schemes. The new scheme will allow the depositors of gold to earn interest in their metal accounts and the jewelers to obtain loans in their metal account. The stock of gold in India that is held by people of the country that is 'neither traded nor monetised' is estimated to be over 20,000 tonnes, which would be worth about Rs 60 lakh crore at the current market price. The draft gold monetisation scheme that has been launched on May 19, 2015, also provides for incentives to the banks, while individuals and institutions can deposit as low as 30 gms of gold, while the interest earned on it would be exempt from income tax as well as capital gains tax.26. Pradhan Mantri Suraksha Bima YojanaThe scheme provides accidental insurance of Rs.2 lakhs at just Re.1 per month (Rs.12 per annum) for the people in the age group of 18-70 years. The premium will be directly auto-debited by the bank from the subscriber's account. It is the only mode of paying the premium and thus creates a linkage between the beneficiary and the bank. A person has to opt for the scheme every year by submitting a simple form to the bank by 1st June. One can also opt for the scheme on a long term basis and in that case his account will be auto-debited every year by the bank. People between the age of 18 and 70 years, having an Aadhar linked bank account, are eligible for the scheme.27. Pradhan Mantri Jeevan Jyoti Bima YojanaIt provides life insurance worth Rs.2 lakhs at 90 paise per day in event of death due to any reason (amounts to Rs.330 per annum) for the people in the age group of 18-50 years. The premium will be directly auto- debited by the bank from the subscriber's account. A person can opt for the scheme for a year or prefer to continue it as a long term option. In case of long term option, his account will be auto- debited every year by the bank.28. Atal Pension YojanaUnder the scheme, a pension of Rs.1,000 to Rs.5000 will be provided to people over 60 years of age .The focus is on all those not covered under any other social security rogram. Government will contribute 50% of the total contribution for five years, up to a maximum of Rs.1000 per annum. The scheme meant to persuade workers in unorganised sector, who form 88% of total workforce, to save voluntarily for the retirement. It is the improved version of Swavalamban scheme, launched in 2010-11, which has been found lacking in clarity with regard to pension benefits at the age after 60.29. Smart City ProgrammeThe Prime Minister’s vision of developing ‘one hundred Smart Cities’ equipped with the latest technology has begun to take shape with the Ministry of Urban Development. The Government has decided on developing 100 “Smart Cities” in the country to promote Wealthier, Healthier and Happier cities for better urban life. As well as existing cities that are to be remodeled on these lines.30. The National Urban Development MissionThe mission would aim at providing shelters equipped with essential services to the urban homeless in a phased manner. In addition, the mission would also address livelihood concerns of the urban street vendors by facilitating access to suitable spaces, institutional credit, social security and skills to the urban street vendors for accessing emerging market opportunities.31. Pragati PlatformPRAGATI is a unique integrating and interactive platform uniquely bundles three latest technologies: Digital data management, video-conferencing and geo-spatial technology. The platform is aimed at addressing common man’s grievances, and simultaneously monitoring and reviewing important programmes and projects of the Government of India as well as projects flagged by State Governments.32. Sagar Mala projectSagar Mala project is a strategic and customer-oriented initiative of the Government of India to modernize India's Ports so that port-led development can be augmented and coastlines can be developed to contribute in India's growth. It looks towards "transforming the existing Ports into modern world class Ports and integrate the development of the Ports, the Industrial clusters and hinterland and efficient evacuation systems through road, rail, inland and coastal waterways resulting in Ports becoming the drivers of economic activity in coastal areas.33. Heritage City Development and Augmentation YojanaNational Heritage City Development and Augmentation Yojana (HRIDAY) was launched on 21 January 2015. The Scheme shall support development of core heritage infrastructure projects including revitalization of linked urban infrastructure for heritage assets such as monuments, Ghats, temples etc. along with reviving certain intangible assets. These initiatives shall include development of sanitation facilities, roads, public transportation & parking, citizen services, information kiosks etc.With a duration of 27 months (completing in March 2017) and a total outlay of INR 500 Crores, the Scheme is set to be implemented in 12 identified Cities namely, Ajmer, Amaravati,(Andhra Pradesh), Amritsar, Badami, Dwarka, Gaya, Kanchipuram,Mathura, Puri, Varanasi, Velankanni and Warangal.34. Kishore Vaigyanik Protsahan YojanaKishore Vaigyanik Protsahan Yojana (KVPY) is a scholarship program funded by the Department of Science and Technology of the Government of India, aimed at encouraging students to take up research careers in the areas of basic sciences, engineering and medicine. It offers scholarship and contingency grants up to the pre-Ph.D. level to selected students. Started in 1999, it is administered by the Indian Institute of Science.The Kishore Vaigyanik Protsahan Yojana (KVPY) is an on-going National Program of Fellowships in Basic Sciences, initiated and funded by the Department of Science and Technology, Government of India, to attract exceptionally talented and highly motivated students for pursuing basic science courses and research career in science.35. UDAY- Ujwal Discom Assurance Yojna- empowers the utilities to break even in next 2-3 years through four initiatives - improving operational efficiencies of discoms, reduction of cost of power, reduction in interest cost of discoms and enforcing financial discipline on discoms through alignment with state finances.36. Project Mausam- Maritime Routes and Cultural Landscapes Across the Indian Ocean- focuses on the natural wind phenomenon, especially monsoon winds used by Indian sailors in ancient times for maritime trade, that has shaped interactions between countries and communities connected by the Indian Ocean.37. Sansad Adarsh Gram Yojana SAANJHIOur PM has requested all Members of Parliament (MP) to develop one model village in their constituency by year 2016 and two more by 2019. Department of Rural Development has formulated guidelines of the scheme. Hon'ble Prime Minister has released the guidelines on 11'th Oct 2014 at Vigyan Bhawan, New Delhi.38. DELP : DOMESTIC EFFICIENT LIGHTING PROGRAMMECurrently government is distributing LED bulbs to save electricity. They are distributing LED bulbs at a discounted rate of 90-95 Rs (Market rate : 350-450) and subsidized amount is added to the electricity bill for next 3-4 months.(Rs 90 per month) You can view the distribution and how much electricity is getting saved daily on this dashboard. National DELP Dashboard | EESL

AI in Law: Current Applications – Insights Up FrontBased on our assessment of the companies and offerings in the legal field, current applications of AI appear to fall in six major categories:Due diligence – Litigators perform due diligence with the help of AI tools to uncover background information. We’ve decided to include contract review, legal research and electronic discovery in this section.Prediction technology – An AI software generates results that forecast litigation outcome.Legal analytics – Lawyers can use data points from past case law, win/loss rates and a judge’s history to be used for trends and patterns.Document automation – Law firms use software templates to create filled out documents based on data input.Intellectual property – AI tools guide lawyers in analyzing large IP portfolios and drawing insights from the content.Electronic billing – Lawyers’ billable hours are computed automatically.Next, we’ll explore the major areas of current AI applications in law, individually and in-depth:(We’ve done our best to place companies into the category that best represents their product offering, but it’s important to note that there is overlap on many of the groupings we’ve chosen.)Due DiligenceOne of the primary tasks that lawyers perform on behalf of their clients the confirmation of facts and figures, and thoroughly assessing a legal situation. This due diligence process is required for intelligently advising clients on what their options are, and what actions they should take.While extensive due diligence can positively impact long-term shareholder returns (according to a study by the City University of London), the process can also be very time-consuming and tedious. Lawyers need to conduct a comprehensive investigation of meaningful results. As such, lawyers are also prone to mistakes and inaccuracy when doing spot checks.Kira SystemsNoah Waisberg, a former M&A lawyer who founded the software company Kira Systems, thinks that due diligence errors by junior lawyers often occur for a number of reasons. These include working very late at night or on the eve of a weekend, forgetting to perform due diligence before the end of the workweek, and failing to act on it when a deal structure is completely revised.He adds, “Many associates are in a certain negative mood about the efficacy of manual due diligence. Lawyers, being human, get tired and cranky, with unfortunate implications for voluminous due diligence in M&A.”Kira Systems asserts that its software is capable of performing a more accurate due diligence contract review by searching, highlighting, and extracting relevant content for analysis. Other team members who need to perform multiple reviews of the content can search for the extracted information with links to the original source using the software. The company claims that its system can complete the task up to 40 per cent faster when using it for the first time, and up to 90 per cent for those with more experience.LEVERTONLEVERTON, an offshoot of the German Institute for Artificial Intelligence, also uses AI to extract relevant data, manage documents and compile leases in real estate transactions. The cloud-based tool is said to be capable of reading contracts at high speeds in 20 languages.In 2015, IT firm Atos sought the help of real estate firm Colliers International, which used LEVERTON in performing due diligence of a company that the former was about to acquire. Through the use of LEVERSON’s AI, information such as payable rent, maintenance costs and expiration dates were extracted from thousands of documents and then organized on a spreadsheet.eBreviaHowever, lawyers can be burdened by reviewing multiple contracts and they may miss important edits that result in legal issues later on. This is the same problem that Ned Gannon and Adam Nguyen, co-founders of eBrevia, experienced when they were still working as junior associates. They built a startup in partnership with Columbia University with the intention of shortening the document review process.eBrevia claims to use natural language processing and machine learning to extract relevant textual data from legal contracts and other documents to guide lawyers in analysis, due diligence and lease abstraction. A lawyer would have to customize the type of information that needs to be extracted from scanned documents, and the software will then convert it to searchable text. The software will summarize the extracted documents into a report that can be shared and downloaded in different formats.JPMorganOther organizations such as JPMorgan in June 2016 have tapped AI by developing in-house legal technology tools. JP Morgan claims that their program, named COIN (short for Contract Intelligence), extracts 150 attributes from 12,000 commercial credit agreements and contracts in only a few seconds.This is equivalent to 36,000 hours of legal work by its lawyers and loan officers according to the company. COIN was developed after the bank noticed an annual average of 12,000 new wholesale contracts with blatant errors.ThoughtRiverOther AI industry players includeThoughtRiver, which handles contracts, portfolio reviews and investigations for improved risk management. Its Fathom Contextual Interpretation Engine was developed together with machine learning experts authorities at Cambridge University.The company states that it designed the product to automate summaries of high-volume contract reviews. While users read content extracts, they can also read the meanings of clauses provided by the AI. The system is also said to be capable of flagging risky contracts automatically. The company provides a brief tour of their product in the 3-minute video below, including a detailed look at the user interface and basic functions of the software:LawGeexLawGeex claims that its software validates contracts if they are within predefined policies. If they fail to meet the standards, then the AI provides suggestions for editing and approval. It does this by combining machine learning, text analytics, statistical benchmarks and legal knowledge by lawyers according to the company.In this video, LawGeex CEO Noory Bechor further explains how his product can cater to legal services.The company also claims that with their tool, law firms can cut costs by 90 per cent and reduce contract review and approval time by 80 per cent (though these numbers don’t seem to be coupled with any case studies). The firm lists Deloitte and Sears among some of its current customers.Legal RobotOn the other hand, Legal Robot, a San Francisco-based AI company, currently offers Contract Analytics, its answer to the growing contract review software market. Currently, in beta, the company states that its software is capable of changing legal content into numeric form and raising issues on the document through machine learning and AI.A video presenting how the software works state that it builds a legal language model from thousands of documents. This knowledge is used to score the contract based on language complexity, legal phrasing, and enforceability. With the issues flagged by the software, it then provides suggestions on improving the contract’s compliance, consistency, and readability by evaluating it on best practices, risk factors and differences in the jurisdiction.Ross IntelligenceEvery lawsuit and court case requires diligent legal research. However, the number of links to open, cases to read and information to note, can overwhelm lawyers who have limited time doing research. Lawyers can take advantage of the natural language search capability of the ROSS Intelligence software by asking questions, and receiving information such as recommended readings, related case law and secondary resources.BakerHostetler, in what seemed like a break in tradition, employed ROSS in its bankruptcy department, 100 years after the law firm’s founding. The law firm’s chairman, Steven Kestner, explained in an interview that they decided to employ the software to work on 27 terabytes of data. A Forbes report describes ROSS’ function in the law firm’s operations: “ROSS will be able to quickly respond to questions after searching through billions of documents.The company claims that lawyers can ask ROSS questions in plain English such as “what is the Freedom of Information Act?” and the software will respond with references and citations. Like most machine learning systems, ROSS purportedly improves with use.CasetextOn the other hand, Casetext’sCARA claims to allow lawyers to forecast an opposing counsel’s arguments by finding opinions that were previously used by lawyers. Users can also detect cases that have been negatively treated and flagged as something that lawyers may deem unreliable.Casetext claims large law firms such as DLA Piper and Ogletree Deakins as its clients.Other Assorted ApplicationsOther software products also combine machine learning and legal analysis to assist lawyers with legal research but with limited coverage. For example:Loom features win/loss rates and the judge ruling information but only for civil cases in select Canadian provinces. In an interview with Stanford Law School, Mona Datt (co-founder of Loom Analytics) elaborates:“Instead of performing open text searches looking for personal injury precedents, a lawyer could use Loom’s system to see all personal injury decisions that were published in a given time span and then break them down by the outcome.Instead of combing through individual decisions looking for ones written by a particular judge, Loom’s system can show all decisions authored by that particular judge and provide an at-a-glance snapshot of their ruling history. In short, we’re providing quantitative metrics on Canadian case law.”Judicata, on the other hand, only serves California state law as of this writing. Its software, Clerk, is said to be capable of reading and analyzing legal briefs. It also evaluates their pros and cons and then assigns a score for each brief based on arguments, drafting and context.The recommendations intended to reduce content mistakes are listed as part of the action items for the user. In the company’s blog, Product Manager Beth Hoover explains, “Clerk helps reduce these errors by identifying the quotations in a brief and cross-checking them against the cited case to ensure the text is identical and the page numbers are correct.”Potential Bias ConcernsIn a recent paper by Susan Nevelow Mart of the University of Colorado Law School tested if online legal case databases would return the same relevant search results. She found out that engineers who design these search algorithms for case databases such as Casetext, Fastcase, Google Scholar, Lexis Advance, Ravel, and Westlaw have biases on what would be a relevant case that their respective algorithms will show to the user.For example, newer databases such as Fastcase and Google Scholar have generated less relevant search results compared to older databases such as Westlaw and Lexis. Mart argues that search algorithms should be able to generate redundant results on whatever legal online database is used since lawyers need only the most relevant cases. However, because these engineers have biases and assumptions when developing their algorithms, users are recommended to use multiple databases in order to find out the cases that fit their needs.By no means does a single paper (or a dozen papers) imply that legal AI tools shouldn’t be used, but rather that their pros and cons are yet to be weighed out thoroughly. Bias is by no means specific to the legal field, as machine learning systems are always influenced by the data that they’re trained on.Readers with an interest in AI bias and the ethical considerations of discrimination by machines may benefit from reading our recent article in collaboration with the IEEE: Should Business Leaders Care About AI Ethics?EverlawThere has been a growth in the number of e-discovery product manufacturers that harness AI and machine learning. Everlaw uses its predictive coding feature to create prediction models based on at least 300 documents that were classified before as relevant or irrelevant by the user.The AI looks into the contents and metadata and uses such information to classify other documents. The company claims that the prediction model’s results can help users easily identify which documents are most relevant. It also recommends actions on the part of the user on how to improve the software’s predictive accuracy of the model.You can check a demonstration of Everlaw’s Prediction Technology feature in this video:DISCODISCO claims to deliver faster results using its cloud technology for document search on large data volumes. Similar to Everlaw, it also employs prediction technology to suggest which documents are most likely to be relevant or irrelevant to the user.The AI works by assigning scores on tags (on a scale of -100 to +100) in order to improve its prediction results. The software displays its search results with each document’s score and suggests which material is most likely useful for the reader. In the promotional video below, Dr Alan Lockett (DISCO’s Head of Data Science) explains the company’s technology in simple terms:CatalystDenver-based Catalyst markets its Automated Redaction product to help lawyers and legal reviewers remove sensitive and confidential information on documents. “Manual redaction”, as the company claims, is cumbersome considering the amount of time that a reviewer spends on locating content on a digital document and then applying black boxes on these statements.Their tool allows users to convert a document to digital format and then perform multiple sets of redactions for a single document by searching for a word or phrase. Users can also set patterns such as social security numbers on the software to be redacted. An overview of the Automated Redaction feature for e-Discovery introduces its uses.ExterroExterro’s WhatSun claims to combine the functions of a project management software with the capabilities of performing e-Discovery. In other words, users can perform their legal research and then collaborate with others using the software.According to one of Exterro’s law firm clients, they were able to cut down on redundant workers from 100 lawyers down to 5 when they started to employ the system. The software was able to perform the e-Discovery tasks of the lawyers at a 95 per cent cost savings according to the law firm. The company claims AOL, Microsoft, and Target among its marquee customers.Brainspace DiscoveryBrainspace Discovery clusters and sorts documents to match closely to a user’s document search. When finding documents, the AI employs concept search (searching for documents that are similar in concept but not necessarily in words or phrases), term or phrase extension (instructing the software to remove terms incorrectly associated with the results), and classification (specifying another category to refine the search). The topic of document digitization and search is explored further in our article on Document Digitization in Finance. The company claims that by combining these three features, the software can better deliver document search results closer to a user’s needs.Other AI-powered contract review platforms that cater to due diligence for legal professionals include:iManage’s RAVN whose M&A Due Diligence Robot is designed for M&A documents to automate the review process and extract data from cluster sets;LitIQ, which capitalizes on computational linguistics technology to reduce contract-related disputes (Gary Sangha, founder of LitIQ shares his thoughts on the relationship of machine learning and law in this interview);LegalSifter, which claims to cut time and financial costs through its AI software that looks for specific concepts in documents such as general terms and conditions and confidentiality agreements;Seal, whose software is used by Dropbox, PayPal and Experian, was able to reduce the time spent to 48 hours from 255 days by a utility company by searching for thousands of contracts with specific clauses according to their case study; andLuminance, which claims to be the only tool that searches and ranks unusual and anomalous documents and clauses for lawyers.While there has been a growth in the use of e-Discovery tools, its application has become a public issue in states such as California. In 2015, the State Bar released an amended Proposed Formal Opinion, requiring lawyers to have a decent knowledge on the to use the e-Discovery system or they will warrant discipline after being proven to have committed intentional or reckless acts. The State Bar also suggests that if a lawyer is incompetent on the facility, he should learn the skill, hire someone who’s knowledgeable, or just simply decline representation.Prediction TechnologyIn 2004, a group of professors from Washington University tested their algorithm’s accuracy in forecasting Supreme Court decisions on all 628 argued cases in 2002. They compared their algorithm’s results against a team of experts’ findings. The statistical model by the researchers proved to be a better predictor by correctly forecasting 75 per cent of the outcomes compared to the expert’s 59 per cent accuracy. Although in a separate industry with its own separate problems numerous additional use-cases of predictive analytics can be found in our article on Predictive Analytics in Banking. This article illuminates AI programs utilizing predictive analytics to solve real-world issues.Expanding the coverage from 1816 to 2015, Prof. Daniel Katz of Michigan State University and his two colleagues achieved a 70.2 per cent accuracy on case outcomes of the Supreme Court in their 2017 study. Similarly, Nikolaos Aletras of University College London and his team used machine learning to analyze case text of the European Court of Human Rights and reported a 79 per cent accuracy on their outcome prediction.Prof. Daniel Kantz, in his 2012 paper, stated, “Quantitative legal prediction already plays a significant role in certain practice areas and this role is likely to increase as greater access to appropriate legal data becomes available.”IntraspexionIndeed, several AI companies have ventured into this field such as Intraspexion, which has patented software systems that claim to present early warning signs to lawyers when the AI tool detects threats of litigation.The system works by searching for high-risk documents and displays them according to the level of risk that the AI has determined. When a user clicks on a document, risk terms as identified by subject matter experts through the algorithm are highlighted. According to the company, users can which documents put them at risk for litigation when they use the software.Ravel LawAnother tool, Ravel Law, is said to be able to identify outcomes based on relevant case law, judge rulings and referenced language from more than 400 courts. The product’s Judge Dashboard feature contains cases, citations, circuits and decisions of a specific judge that is said to aid lawyers in understanding how the judge is likely to rule on a case.The firm’s CEO, Daniel Lewis, affirms such claim in this interview when he explained that the Ravel Law can aid in litigation strategy by providing information on how judges make decisions.Lex MachinaLex Machina’s Legal Analytics Platform has a variety of features that are said to assist lawyers in their legal strategy. For example, the Timing Analytics feature uses AI to predict an estimated time when a case goes to trial before a specific judge.The Party Group Editor, on the other hand, allows users to select lawyers and analyze their experience before a judge or a court and the number of lawsuits they were involved in before, among others. In the video below, the product’s user interface is featured and sample analytics results are presented:PremonitionFinally, Premonition, which claims to be the world’s largest litigation database, asserts to have invented the concept of predicting a lawyer’s success by analyzing his win rate, case duration and type, and his pairing with a judge at an accuracy of 30.7 per cent average case outcome. According to the company, the product can also aid in looking at different cases and how long they’re going to take for each attorney.But similar to any analytics platform, AI tools that deal with predictive technology need a lot of data in the form of case documents to fully work according to Kantz. In an article, the model is described as “exceptionally complicated.” That’s because it needs almost 95 variables (with almost precise values up to four decimal places) supported by almost 4,000 randomized decision trees to predict a judge’s vote. Kratz admits that a database that will fully support his product is still not readily available except for a few ones that charge access fees to obtain data.Legal AnalyticsCase documents and docket entries provide supplementary insights during litigation by lawyers. Current AI tools claim that today’s software products are able to extract key data points from these documents to support arguments.Lex MachinaHogan Lovells litigation attorney Dr Chris Mammen uses Lex Machina’s Legal Analytics software to find out “who is the plaintiff, who is their counsel, who have they represented, and who else have they sued.”The software generates data that can be used to analyze an opposing counsel’s likelihood of winning or losing a case. He claims to save time through the analytics results when creating a narrative. “You send an email to the research department, get first results, iterate the process – that usually takes a day or more.”Intellectual property lawyer Huong Nguyen also used the software when she represented a generic pharma company. Using the Legal Analytics tool,, she found out that the judge’s history of ruling cases tends to favour cases like hers. Both parties settled in the end, which was a better resolution according to Nguyen.Ravel LawThe data can also be used in pitching a law firm’s services to potential clients by providing intelligence on the opposing counsel, generating values on the probability of winning the case and identifying litigation trends to use in their marketing campaigns.Apart from prediction technology, Ravel Law’s software also claims to provide lawyers with judges’ data on cases, circuits and ruling on their dashboard, which can be used in landing new clients. Currently, the company is bolstering its data minefield by working with Harvard Law School in digitizing the faculty’s US case law library to be made available on its tech platform.Settlement AnalyticsIt must be noted that legal analytics still has its limitations. Robert Parnell, CEO of SettlementAnalytics, explains in his paper that there is uncertainty in producing results with a high level of accuracy with this kind of technology. This comes in very small sample sizes after filtering, cognitive biases, the tendency to interpret random trends as valid patterns, and having a lot of data noise.Parnell opines, “Overall, the quantitative analysis of legal data is much more challenging and error-prone than is generally acknowledged. Although it is appealing to view data analytics as a simple tool, there is a danger of neglecting science in what is basically data science. The consequences of this can be harmful to decision making.”Document AutomationA McKinsey & Company report estimates that knowledge work automation will most likely be one of the top disruptors in the global economy.A screenshot from McKinsey’s report cited above. See the orange bar to the right of “2. Automation of knowledge work”Some law firms are also beginning to adopt such technology by drafting documents through automated software. Many such software companies claim that the final document, which could take days by manual human drafting, is generated in a matter of minutes. This technology is utilized in finance today; discover real-world banking-sector examples of the concepts outlined in this article.PerfectNDANeota Logic System claims that it's software PerfectNDA shortens the nondisclosure agreement (NDA) process by offering templates selected by AI according to a user’s scenario. The user answers questions and a pre-filled template is then generated. In addition, the software also features document filing and integrated e-signatures to streamline related manual processes involved in NDA drafting.Intellectual PropertySecuring patents, copyrights and trademarks is often best left to a lawyer’s expertise. However, the entire patent application process can be long and arduous. Traditional trademark and patent search, for example, involves looking into hundreds, if not thousands, of results through manual research. This takes so much time, which is ironic considering that patent applications are time-sensitive.According to US patent attorney Patrick Richards, “You only have one year from the first time the invention is publicly disclosed [i.e. sold] to file a patent application; if as a business owner you launched a product within the last year, you need to talk to a patent attorney right away to make sure it is protected.”TrademarkNowTrademarkNow is a company taking on some of the manual knowledge work of intellectual property application with AI. It uses a complex algorithm that is said to shorten weeklong searches for patents, registered products and trademark using the Trademark Clearance platform, which returns search results in less than 15 seconds according to the company’s claims.The system analyzes the results and ranks them according to relevance to the user as identified by the algorithm. As this many e-discovery applications, the solution promises efficiency of spent attention for legal teams.ANAQUA StudioThe cloud-based ANAQUA Studio, on the other hand, is specifically designed for drafting patents and prosecution. The company’s datasheet states that it’s the first patent application-drafting tool for lawyers that save four hours on provisional patent application and 20 hours and non-provisional types. The system is said to be able to detect document errors, circular claim references and formatting defects aside from automatically generating literal claims support.SmartShellSeattle-based TurboPatent released SmartShell to support paralegals performing document reviews, drafting, formatting and identifying issues on patent applications. The software uses AI and natural language processing to assist in creating legal claims.In a case study listed on TurboPatent’s website, two paralegals from the Pacific Patent Group used the software to perform document retrieval, bibliographic data research, examiner remarks review and rejection issues discovery. TurboPatent claims that Pacific’s paralegals were 500-800% more productive in their tasks when using SmartShell (thought the case study isn’t clear what exact tasks were relevant for the software, and which weren’t – we can assume that many paralegal tasks aren’t currently improvable with AI).A brief overview of how the product’s functions and value proposition can be seen in the 1-minute video below:Electronic BillingElectronic Billing platforms provide an alternative to paper-based invoicing with the goal of reducing disputes online items, more accurate client adjustments, (potentially) more accurate reporting and tracking, and reduced paper costs. Firms in the healthcare space are also utilizing AI for medical billing; this concept is further explained in our article Artificial Intelligence for Medical Billing and Coding.BrightflagBrightflag offers centralized legal pricing software that automatically adjusts line-by-line items. It also allows users to centralize the invoice review so that all documents submitted are routed directly to the correct approver. In addition, the AI provides analytics features by tracking and categorizing all pricing data to determine alternative fee arrangements (AFA) and budgets.The company claims that its average client reduces administrative costs related to payment management by 8 to 12 per cent by using the platform’s assisted review feature. The company lists telecom giant Telstra and ride-hailing company Uber among its current marquee clients.SmokeballSmokeball’s cloud-based legal practice management tool automates the recording of time and activities by law firms. One major feature of this tool is the capability to track all activities including emails that are valid for billing. It claims to have automated more than 600,000 forms and managed over 10 million documents according to its website. The video below explains Smokeball’s software: