Extract from Amanda Bronstad’s article “How AI Could Detect the Next Class Action: ‘The Numbers Are Just Massive'”
Artificial intelligence has proven useful in class actions and mass torts to sort through massive amounts of electronic discovery and medical records, but could the technology help lawyers identify the next big case?
Some legal tech startup companies, Darrow and Rain Intelligence, are doing just that.
“It’s actually quite remarkable,” attorney Katrina Carroll, who has been working with Darrow for more than four years, told Law.com. “It’s the volume of cases that they are able to identify that is unlike anything I’ve ever seen before.”
Scraping the Internet for consumer complaints, social media posts and government databases, both companies use AI-based business development tools to identify potential class actions, particularly in the areas of privacy, price fixing, labor violations, product labeling and securities fraud.
