Method for machine-controlled legal portfolio monitoring

Abstract

There is a method for machine-controlled legal portfolio monitoring. The method has the following steps: a) obtaining securities transactional data from multiple financial firms for a system; b) processing the securities transactional data to calculate losses in the system; c) permitting law firms to view the losses in the system without revealing the identity of the multiple financial firms; d) permitting the law firms to submit to the system security litigation proposals to financial firms that have incurred losses; and e) allowing financial firms that have incurred losses to respond to the security litigation proposals by engaging directly with a particular law firm through the system. There is also a system. There is also a storage medium.

What is claimed is: 
     
         1 . A method for machine-controlled legal portfolio monitoring, comprising:
 a) obtaining securities transactional data from multiple financial firms for a system;   b) processing the securities transactional data to calculate losses at in the system;   c) permitting law firms to view the losses in the system without revealing the identity of the multiple financial firms;   d) permitting the law firms to submit to the system security litigation proposals to financial firms that have incurred losses;   e) allowing financial firms that have incurred losses to respond to the security litigation proposals by engaging directly with a particular law firm through the system.   
     
     
         2 . The method of  claim 1 , wherein law firms are permitted to enter and iteratively refine case parameters against transactional data when viewing the losses in the system. 
     
     
         3 . The method of  claim 1 , wherein law firms are permitted to view the losses in the system across multiple financial firms' transactional data. 
     
     
         4 . The method of  claim 1 , wherein financial firms that have incurred losses are allowed to engaged directly with a particular law firm by sharing identity and case-specific transaction data and information. 
     
     
         5 . The method of  claim 1 , wherein additional securities transactional data is obtained from private and/or public sources external to the network and external to the financial firms. 
     
     
         6 . The method of  claim 1 , wherein obtaining securities transactional data from multiple financial firms is carried out through an application program interface. 
     
     
         7 . A system for machine-controlled legal portfolio monitoring, comprising a processor and a memory that contains instructions that are readable by the processor and causes the processor to
 a) obtain securities transactional data from multiple financial firms for a system;   b) process the securities transactional data to calculate losses in the system;   c) permit law firms to view the losses in the system without revealing the identity of the multiple financial firms;   d) permit the law firms to submit to the system security litigation proposals to financial firms that have incurred losses;   e) allow financial firms that have incurred losses to respond to the security litigation proposals by engaging directly with a particular law firm through the system.   
     
     
         8 . A storage medium, comprising a program module that contains instructions that are readable by a processor and cause the processor to
 a) obtain securities transactional data from multiple financial firms for a system;   b) process the securities transactional data to calculate losses in the system;   c) permit law firms to view the losses in the system without revealing the identity of the multiple financial firms;   d) permit the law firms to submit to the system security litigation proposals to financial firms that have incurred losses;   e) allow financial firms that have incurred losses to respond to the security litigation proposals by engaging directly with a particular law firm through the system.