The Knowledge Group
The Knowledge Group

Dr. Richard Goldberg, Principal, The Brattle Group to Speak at the Knowledge Group’s Big Data in Litigation: What It is and How It’s Used by Economic Experts and Lawyers

New York, NY, February 05, 2015 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Dr. Richard Goldberg, Principal, The Brattle Group will speak at the Knowledge Group’s webinar: “Big Data in Litigation: What it is and How it’s Used by Economic Experts and Lawyers in Complex Litigation.” This event is scheduled for May 18, 2015 @ 12:00 pm – 2:00 pm (ET).

For further details, please visit: http://theknowledgegroup.org/event_name/big-data-in-litigation-what-it-is-and-how-its-used-by-economic-experts-and-lawyers-in-complex-litigation-live-webcast/.

About Dr. Richard Goldberg

Dr. Goldberg specializes in complex litigation and management consulting matters in which careful analysis and modeling of economic, business, or financial data is critical. His work often requires statistical analysis of market price data, valuation of complex financial instruments, quantifying market risk, and analyzing trading records. He combines technical prowess with a deep knowledge of the practical aspects of analyzing and constructing large scale data.

Dr. Goldberg has provided expert testimony before federal and state courts, arbitration panels, mediators, and regulatory bodies. His conclusions are often based on statistical analysis, market valuation, a determination of policy compliance, or a damages calculation. In addition to providing expert testimony, Dr. Goldberg also consults to attorneys by providing assistance in the interpretation and evaluation of complex analyses and in preparing to depose or rebut economic experts proffered by an opposing party.

About The Brattle Group

Economists at The Brattle Group routinely host, develop, and work with large-scale datasets that transform detailed customer, supplier, transaction, and other types of so-called “big data” into information that is useful for economic analysis. Our specialized data services ensure that scale does not prevent us from revealing the essential economic stories the data can tell.

Economic and financial analysis based upon large-scale datasets is a core requirement in complex litigation. Brattle has the infrastructure and expertise that enables us to get these datasets up and running on high performance big-data platforms. We provide data services for clients, testifying experts, courts, and regulators in connection with litigation matters and complex commercial disputes. The breadth and depth of our experience enables us to offer exceptional data processing and analytics capabilities.

Big data may exceed or strain the memory and hard disk capacity of traditional computing platforms, requiring more advanced techniques for storing, manipulating, visualizing, and summarizing such large datasets. Even if the data can fit within the capacity limits of a traditional computing platform, the processing time needed to perform analysis may limit the scope of feasible analysis and the productivity of experts. Using a specialized big data platform, such as a Hadoop cluster, makes complex analysis of large datasets feasible, timely, and more efficient.

We have experience deploying our own Hadoop clusters and other terabyte-scale data storage solutions, and working with third party hosting companies to provide secure remote access. The programming languages we most commonly use in conjunction with the Hadoop platform are Python, R, SQL, and Pig. We use these languages to transform, extract, and sample low-level transactional data to produce datasets more suitable for traditional analysis tools such as Excel or Stata. Our expertise and experience in deploying Hadoop clusters provides Brattle with a competitive advantage in extracting from raw data the economic insights of critical importance to each case.

Event Synopsis:

In a world of “Big Data,” where data volume and variety is growing rapidly--both lawyers and experts must be increasingly efficient (and cost-effective) in identifying the data necessary for a litigation and integrating those disparate data into compelling arguments. The novelty and complexity of Big Data is relevant to:

- strategic decisions made during the discovery process;
- the need to potentially develop and present to the courts more sophisticated models and analyses; and
- reliance on new software and hardware tools to process data

In this presentation, economic and legal experts will discuss key concepts relevant to the use of Big Data in litigation, and present real-world case studies to illustrate the advances and challenges in the area.

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Group, LLC was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: http://theknowledgegroup.org/
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