The present invention is directed to a
software-based
technology system for managing and executing high volumes of work on complex projects across multiple organizations involving multiple users that results in superior outcomes at significantly reduced time and cost. Litigation is the initial application of this invention; each case is handled as a project. As applied to litigation, the
system of the invention empowers a novel method of end-to-end case assessment, planning, execution and management by integrating tools, processes and procedures allowing for more informed decision-making and deliberate execution of all case-related actions as well as enhanced coordination and communication among all constituents, resulting in efficient achievement of targeted outcomes. The
system provides intuitive, menu-driven functionality for inputting,
processing and utilizing vast amounts of information, including company and case-specific information, attorney discretionary evaluation and input, document templates and monitoring and reporting requirements. A
threat algorithm cross-correlates via
multivariate analysis critical data points with customized company-specific information and
business logic to generate a numeric
threat score as an output. The
system also predicts the expected settlement range with a high
degree of precision for a specific case as the output of one or a combination of multiple
artificial intelligence (AI) /
machine learning algorithms. The system then generates a unique case strategy (which includes an expected outcome, including projected outcome, Case Plan and estimated attorneys' fees and costs).
System logic learns from thousands of examples of similar cases and directs highly effective and efficient execution of a specific Case Plan providing each attorney and staff member assigned a role in a case with a prioritized
task list that is updated in real time as other users complete tasks and litigation priorities change. For each user, the system integrates assigned tasks across multiple cases and multiple
client portfolios into a single, prioritized
task list. The execution features become increasingly valuable given the volume and complexity of projects across multiple organizations and users, allowing users to focus on their area of expertise and avoid the wasted time and
distraction of trying to determine what they should be working on or recording notes to communicate what they have been doing since the system automatically performs these functions and directs the various users' next steps while monitoring their progress against the plan. Integration of administrative functions, including automated time tracking, billing and reporting without the need to rely on users to update this information, further increases quality and efficiency of legal services. Key objectives of the system of the present invention include eliminating gaps between
business objectives and litigation strategy and optimizing communication and coordination of case-related tasks and priorities in a
fully automated fashion, which are all achieved by leveraging data and technology to enable a fundamentally different approach that becomes smarter and more precise via
machine learning and predictive modeling.