Sunday, September 22, 2019

Legalist, which funds lawsuits for a cut of settlements based on algorithmically calculated chances of winning, raises a $100M legal fund, ~10x its first one (Connie Loizos/TechCrunch)

Connie Loizos / TechCrunch:
Legalist, which funds lawsuits for a cut of settlements based on algorithmically calculated chances of winning, raises a $100M legal fund, ~10x its first one  —  If you haven't heard much about litigation finance, that may change soon.  The practice dates back decades …



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UK accountancy regulator FRC says auditors can't blame AI for audit failures, after it published what it called the world's first guidance on auditor AI usage (Ellesheva Kissin/Financial Times)

Ellesheva Kissin / Financial Times : UK accountancy regulator FRC says auditors can't blame AI for audit failures, after it published...