Paris—Global law firm Dentons and French legal tech startup Predictice are collaborating on the development of a predictability application for commercial and employment litigation. Predictice, which specializes in data analytics and predictions of court decisions, is leveraging the legal knowledge of lawyers in Dentons’ Paris office, who are providing user feedback to refine the platform.
The Predictice platform provides legal professionals with the statistical probability of success of a case they are pleading. It allows lawyers to optimize their strategy, by identifying and prioritizing the levers that will help to positively influence the resolution of a dispute, based on the track record of a particular legal jurisdiction. Predictice also delivers an estimate of benefits obtained through previously judged, similar litigation, and a map of the most favorable jurisdictions depending on the type of problem. This could help lawyers adjust their pricing according to these statistics.
This agile innovation pilot project was conceived as a mutually beneficial pilot project on a non-exclusive basis. Predictice gains first-hand feedback, while Dentons’ lawyers gain direct experience in legal innovation, while being able to influence how the tool develops.
“In addition to beta-testing innovative products developed by our legal tech venture development platform Nextlaw Labs, we seek to engage our lawyers in meaningful pilots to assess what’s out there in terms of legal technology”, said Marie Bernard, Europe Director of Innovation at Dentons and Strategic Advisor at Nextlaw Labs. “Predictability is one of the many fields we are committed to exploring. Predictice suggested a sensible approach and our feedback so far is really positive. It’s a good match which enables us to understand predictive technology better, and to consider our adoption options early on.”
“Dentons’ Paris office has been very helpful to us in building a predictive solution that fits lawyers’ daily work. Legal tech and law firms must collaborate to develop the next innovation in legal practice. It is a challenge that Predictice is glad to face in cooperation with the world’s largest law firm,” said Louis-Larret Chahine, co-founder of Predictice.
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