IBM Watson is a new business unit developed by IBM to “…develop and commercialize Watson in several specific industries, including legal.” IBM is marketing Watson to large law firms, legal service providers and corporate law departments.
As a “cognitive platform,” Watson is intended to be trained by firms to be used as an automated associate, perform legal research and use quantitative predictive and disruptive analytics.
IBM envisions Watson in the legal environment as “… a scenario where a complaint comes in the door, and rather than going to an attorney it is scanned into Watson,’ said Holada. Watson ‘finds the issues in the case, does the first level of research, pulls back the data out of the case that is part of this predictive model, and provides a tear sheet to the attorney that lists all of the pertinent operational things that are important for this particular case.’ He cautions, however, that Watson is not a billing system. ‘What Watson does is provide cognitive and statistical insights,’ he said. ‘Insofar as those insights help firms do a better job at pricing a matter, then that’s a good use for it.’ “
Hat Tip: Law Technology News