Peter Thiel has backed a startup that makes it easier to sue – and win
by Sam Thielman in New York from Technology | The Guardian on (#1RJ46)
Legalist uses a database of legal records to determine the likelihood that a case will succeed, and can fund the suit in exchange for up to 50% of the judgment
Peter Thiel has backed a small legal startup that has developed an algorithm they say will allow a would-be litigant to learn if they are likely to win their case.
Legalist, founded by a pair of Harvard undergrads, uses a vast database of local legal records to determine the likelihood that the case will succeed: and if the algorithm says the case can win, Legalist funds the suit in exchange for up to 50% of the judgment.
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