Analytics for Your Legal Bills

Anyone who has pored over legal bills striking out time entries might appreciate this piece of kit.

After 2 years beta testing with banks and insurance companies, IBM Watson has released it’s Outside Counsel Insights engine into the wild (although I’m yet to actually find this elusive creature on the web).

So according to the PR folks, here’s what it does:

it reads “every single word of text in every single line item of every single legal bill” to “see very quickly where a firm had deviated from the spirit and letter of the [company’s billing] guidelines… no more hiding inefficiency in a dense mass of billing data.”