If Peter Thiel was trying to convince the world he wasn't a lawsuit-happy nerd, this probably isn't the best way to do it. Reports today detail Thiel's latest investment, a $100,000 Thiel Foundation grant to a company, Legalist, that makes trial-by-algorithm a real thing. Legalist, founded by two Harvard undergrads, combs through a mountain of local legal filings to find cases that have a high probability to succeed. The algorithm applies 58 variables that are said to be good indicators of the strength of the case against the opposing party. For cases it deems winnable, the company will invest between…
This story continues at The Next Web
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