US Patent Issued to Bloomberg on June 17 for "Method and apparatus for document analysis and outcome determination" (Vermont, New Jersey Inventors)

ALEXANDRIA, Va., June 19 -- United States Patent no. 12,333,835, issued on June 17, was assigned to Bloomberg LP (New York).

"Method and apparatus for document analysis and outcome determination" was invented by Madhavan Seshadri (Jersey City, N.J.) and Leslie Barrett (Warren, Vt.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system for extracting useful information from the documents associated with various courts' dockets uses a bidirectional long short-term memory (BiLSTM)-Attention-conditional random fields (CRF) architecture having a multi-headed output layer producing an outcome and settlement classification. The system includes a BiLSTM layer, an attention layer, a CRF layer, and a sigmoid layer th...