Wolters Kluwer Introduces AI-Powered Predictive Analytics to Federal Developments Knowledge Center

NEW YORK, Sept. 14, 2017

The Federal Development Knowledge Center was designed by Wolters Kluwer to serve as a comprehensive tool that helps legal professionals stay up to date on legislation and rules that are proposed and enacted by the Trump Administration and the 115^th Congress.  The product will now – in a first-of-its-kind offering – enable legal practitioners to quickly assess proposed legislation and predict its likelihood of passage in the chamber of the Congress in which it presently resides, as well as its likelihood of ultimate enactment – requiring passage by both chambers and the signature of the President. ­

"We are continuously searching for ways to put cutting edge technology – integrated with our rich content expertise – into the hands of our customers, and our collaboration with Skopos is a great example of this," said Patricia Ginnis, Director of Product Management. "By leveraging Skopos' predictive analytics, Federal Developments Knowledge Center gives legal professionals a comprehensive source of current information and AI-driven insights to better advise their clients regarding the impact resulting from the rapid pace of new developments in Washington."

The analytics, available this fall within Federal Developments Knowledge Center, are developed via natural language processing of the legal text and computational assessment of hundreds of external positive and negative factors that affect a particular bill. The tool also provides background on a bill's relationship to similar legislation and relevant sections of the Code of Laws of the United States. With the addition of this important new feature, Federal Developments Knowledge Center provides practitioners with superior foresight regarding the legislation most important to their clients' business.

"This is a perfect example of how AI, paired with an outstanding platform like Federal Developments Knowledge Center, opens up new possibilities for legal practitioners to have more and better information at their fingertips," said Skopos co-founder Oliver Goodenough, J.D. The third Skopos co-founder, J.B. Ruhl, J.D., Ph.D., agreed, "AI is often portrayed as a threat to lawyers. We're glad to have teamed up with Wolters Kluwer to demonstrate how to steer AI in the direction of enhancing the knowledge and insight lawyers can deliver to their clients."

In addition to its predictive analytics capabilities, Federal Developments Knowledge Center's key benefits include: