What We Do
Legal Risk Management AI provides software tools, advice, and resources that help executives, business managers, in-house counsel, and their lawyers prevent and resolve legal disputes and liability.
Managing legal risk means (1) identifying the decisions and actions that could give rise to a legal claim, (2) collecting and analyzing data on legal claims and their resolution, and (3) resolving legal disputes wisely, fairly, and cost-effectively.
The Legal Risk Management System helps organizations integrate legal risk intelligence, claims and dispute prevention, and strategic dispute resolution into an organization’s strategy, governance, and operations. The methods, tools, and techniques included in this system are designed to enhance the three foundational dimensions of judgment: fact finding, sense making, and prediction throughout the organization with the goal of reducing legal risk and increasing profitability.
Legal risk is the possibility that a decision, policy, action, practice, procedure, agreement, design, product, service, or accident could put some or all of the assets of the organization under the control of a court or administrative officer by giving rise to a legal claim, dispute, or problem involving people within the organization, the organization and outside individuals or entities, or government agencies.
The Legal Risk Management System was developed over decades of research and practice and incorporates the research of leading thinkers and authors such as Randall Kiser (Beyond Right and Wrong), Douglas Hubbard (How to Measure Anything), Daniel Kahneman (Thinking Fast and Slow), Charles Perrow (Normal Accidents), and others.
We make the Legal Risk Management System available to our clients through books, articles, training, software tools, and consulting services. We encourage you to explore this site for resources that will help you solve your organization's legal risk management challenges. Case assessment is a major focus of our work.
We augment our services with tools and services from Rainbird AI, Lumina Analytica, Bayesia, Jury Lab, Digitory Legal, Cultivate Labs, CaseText, Lex Machina, and Premonition Analytics and others.
We are currently developing a new generation of tools using artificial intelligence resources, Bayesian probability, machine learning, and predictive judgment algorithms that will help clients more accurately assess the financial value and risk of a lawsuit at every stage of its development as well to negotiate a wise and cost-effective resolution when appropriate.
Managing legal risk means (1) identifying the decisions and actions that could give rise to a legal claim, (2) collecting and analyzing data on legal claims and their resolution, and (3) resolving legal disputes wisely, fairly, and cost-effectively.
The Legal Risk Management System helps organizations integrate legal risk intelligence, claims and dispute prevention, and strategic dispute resolution into an organization’s strategy, governance, and operations. The methods, tools, and techniques included in this system are designed to enhance the three foundational dimensions of judgment: fact finding, sense making, and prediction throughout the organization with the goal of reducing legal risk and increasing profitability.
Legal risk is the possibility that a decision, policy, action, practice, procedure, agreement, design, product, service, or accident could put some or all of the assets of the organization under the control of a court or administrative officer by giving rise to a legal claim, dispute, or problem involving people within the organization, the organization and outside individuals or entities, or government agencies.
The Legal Risk Management System was developed over decades of research and practice and incorporates the research of leading thinkers and authors such as Randall Kiser (Beyond Right and Wrong), Douglas Hubbard (How to Measure Anything), Daniel Kahneman (Thinking Fast and Slow), Charles Perrow (Normal Accidents), and others.
We make the Legal Risk Management System available to our clients through books, articles, training, software tools, and consulting services. We encourage you to explore this site for resources that will help you solve your organization's legal risk management challenges. Case assessment is a major focus of our work.
We augment our services with tools and services from Rainbird AI, Lumina Analytica, Bayesia, Jury Lab, Digitory Legal, Cultivate Labs, CaseText, Lex Machina, and Premonition Analytics and others.
We are currently developing a new generation of tools using artificial intelligence resources, Bayesian probability, machine learning, and predictive judgment algorithms that will help clients more accurately assess the financial value and risk of a lawsuit at every stage of its development as well to negotiate a wise and cost-effective resolution when appropriate.
Our Mission
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Our purpose is to develop tools, resources, and training that help business executives, managers, in-house counsel, and their lawyers manage legal risk by preventing and resolving legal disputes quickly, wisely, fairly, and cost-effectively.
We seek to reduce the waste and pain caused by avoidable and unnecessary legal problems and high legal fees. We want to help legal clients better understand how the legal system works in order to more effectively manage legal risk in co-operation with their attorneys. |
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Our ultimate goal is to help create a society in which people
live and work in peace and prosperity with a minimum of legal friction.
live and work in peace and prosperity with a minimum of legal friction.
