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Quantitative Methods for Lawyers - Class #1 - Why Quantitative Methods + Research Design Part I - Professor Daniel Martin Katz

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Quantitative Methods for Lawyers - Class #1 - Why Quantitative Methods + Research Design Part I - Professor Daniel Martin Katz

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Quantitative Methods for Lawyers - Class #1 - Why Quantitative Methods + Research Design Part I - Professor Daniel Martin Katz

  1. 1. Quantitative Methods for Lawyers Introduction to the Course Research Design - Part I + Class #1 @ computational computationallegalstudies.com professor daniel martin katz danielmartinkatz.com lexpredict.com slideshare.net/DanielKatz
  2. 2. Welcome to Quantitative Analysis for Lawyers
  3. 3. My Background University of Michigan Center for the Study of Complex Systems ( Fellow 2009-2010 ) PhD Political Science & Public Policy J.D. University of Michigan Associate Professor of Law
  4. 4. Access Course Slides and other materials here
  5. 5. Welcome to Quantitative Analysis for Lawyers
  6. 6.
  7. 7. Most of your training in law school
  8. 8. ∩ This Course is About These Two Pieces of the Venn Diagram
  9. 9. Why Does Quantitative Thinking Matter?
  10. 10. Applications of Quantitative Skills in Other Domains
  11. 11. “One hurdle is a talent and skills gap. The United States alone, McKinsey projects, will need 140,000 to 190,000 more people with “deep analytical” skills, typically experts in statistical methods and data-analysis technologies. McKinsey says the nation will also need 1.5 million more data-literate managers, whether retrained or hired.”
  12. 12. “65 percent of current grade-school kids may end up doing work that hasn’t yet been invented”
  13. 13. Response -- Hedge By Acquiring Lots of Different Types of Skills >
  14. 14. Why Does Quantitative Thinking Matter for Lawyers? ∩
  15. 15. T Shaped Professionals
  16. 16. via
  17. 17. {Law Substantive Legal Expertise Analytics Platform AI Computing KM Process Mapping User Experience Design Thinking Project Mgmt Business Models Regulation Marketing + Tech + Design + Delivery} #ReInventLawReInventLaw.com
  18. 18. The Legal Labor Market is Tough
  19. 19. Need to Stand Out from the Crowd
  20. 20. Statistical Arguments in a Courtroom Setting Quantitative Legal Prediction Data to Support Legal Project Mgmt. / Lean Six Sigma for Law ∩ Three Points of Emphasis
  21. 21. Quantitative Legal Prediction
  22. 22. 2011 The Age of Quantitative Legal Prediction
  23. 23. 2011 The Age of Quantitative Legal Prediction
  24. 24. 2011 The Age of Quantitative Legal Prediction
  25. 25. 2012 The Age of Quantitative Legal Prediction
  26. 26. 2012
  27. 27. 2013 The Age of Quantitative Legal Prediction
  28. 28. Quantitative Legal Prediction - or - How I Learned to Stop Worrying and Start Preparing for the Data Driven Future of the Legal Services Industry By Daniel Martin Katz 2013
  29. 29. 2013 The Age of Quantitative Legal Prediction
  30. 30. 2013
  31. 31. 2013
  32. 32. 2013
  33. 33. 2013
  34. 34. 2014
  35. 35. 2014
  36. 36. 2014
  37. 37. 2014
  38. 38. Some Commercial Examples
  39. 39. Predictive Coding in E-Discovery
  40. 40. https://lexmachina.com/
  41. 41. “The software identifies standard and terms in contracts, and its benchmarking tools show lawyers how their current document compares to the standard.”
  42. 42. http://www.noticeandcomment.com/
  43. 43. Legal Project Mgmt. / Legal Process Engineering
  44. 44. Legal Process Engineering (High End of Market) Data and Logistics = General Counsels as Maestros managing the global legal supply chain
  45. 45. General Counsels as Legal Procurement Specialists TyMetrix - Using $50+ billion in Legal Spend Data to Help GC’s Look for Arbitrage Opportunities, Value Propositions in Hiring Law Firms Legal Procurement (High End of Market)
  46. 46. Driving Down your Legal Bills Yeah there is an App for That City Firm Size Partner Experience Calculate Legal Procurement (High End of Market) http://tymetrix.com/mobile_apps/
  47. 47. Statistical Arguments in a Courtroom Setting
  48. 48. https://www.youtube.com/watch?v=3pdsy_0VBAc
  49. 49. https://www.youtube.com/watch?v=kLmzxmRcUTo Oxford Mathematician Peter Donnelly Reveals the Common Mistakes Humans Make in Interpreting Statistics
  50. 50. Introduction to Research Design
  51. 51. What is a hypothesis?
  52. 52. The term “hypothesis” describes an untested theory.
  53. 53. The researcher anticipates a relationship between a theory and the real world.
  54. 54. To be an acceptable hypothesis, the theory must be testable; the researcher must be able to make observations through testing to { falsify, fail to falsify} the hypothesis.
  55. 55. A failure to falsify is not equivalent to proving your hypothesis is true
  56. 56. Explain the difference between hypothesis and research design?
  57. 57. Answer: While hypothesis furnishes the theory for the study, research design determines the study’s structure and its process to test the hypothesis.
  58. 58. Research design forces the researcher to think about and prevent possible problems before they occur.
  59. 59. I. The research design specifies the method used to gather data to test the hypothesis. II. Research design specifies where and when the data is collected. III. How will the data be standardized? IV. The data is tested in multiple ways for greater information. V. What standards will the researcher use to accept or reject the hypothesis?
  60. 60. Every study makes assumptions. Name some.
  61. 61. Why must the lawyer be aware of the study’s assumptions?
  62. 62. Assume a study uses historic records to compare its college students’ SAT scores. The study claims the data establishes that its students who have higher SAT scores gravitate toward one area of study vs another area of study.
  63. 63. The use of SAT scores inherently includes an unstated assumption that SAT scores accurately report the intelligence capacities of the students.
  64. 64. Also, using these historic documents assumes equal testing procedures and assumes accurate recording in the historic document of those SAT testing results.
  65. 65. REMEMBER: In a sense, a lawyer and a scientist are not that different. A good place to challenge the researcher’s study start with the assumptions. The study’s validity will fall if the assumptions lack validity. This can be a source for a legal (and a scientific) challenge.
  66. 66. Daniel Martin Katz @ computational computationallegalstudies.com lexpredict.com danielmartinkatz.com illinois tech - chicago kent college of law@

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