E Discovery Is Hot and Accelerating
February 11, 2011
LegalTech 2011 is over. Many announcements, according to several attendees with whom we spoke.
Technology continues its consumption of tasks that once occupied human existences, where time and perspiration were once the currency with which we purchased our goals. It seems the further we advance, the more we come to rely on automation, often for economical reasons. Now, even the legal system is queuing up to relinquish some of the burdens litigation bears. As a result the eDiscovery market is booming. One trend is predictive coding and its rapidly reproducing offspring.
Recommind, a California based leader in information management software, has released Axcelerate eDiscovery with Predictive Sampling, which promises its customers new advantages in the review process. Per a marketwire press release:
“Leading jurists have already written that the superiority of human, eyes-on review is a myth, so law firms continue to work with technology vendors to fill in much of this gap. Predictive Coding with Predictive Sampling enables users to comfortably leverage technology to attain a level of speed and accuracy that is not achievable with traditional linear review processes.”
Recommind’s INFOcus blog states that the predictive coding software enables “A more thorough, more accurate, more defensible and far more cost-effective document review” So what more could have been done to make this already revolutionary product even more appealing? This new version offers control of accuracy rates, as well as the ability to designate the number of pages to be examined. Keeping the divination theme running, even the cost of individual reviews is accessible before they happen.
The race is on to fill the demand for software that reduces the expenditure of both time and coin, especially in a climate where both seem to be in short supply. Why the boom? We think that in the uncertain economic climate litigation may be more interesting that innovation.
Sarah Rogers, February 11, 2011
Freebie
Comments
One Response to “E Discovery Is Hot and Accelerating”
-
- Subscribe to Beyond Search
Feature archive
News archive
-
[…] This post was mentioned on Twitter by David Muñoz, Orange LT. Orange LT said: #eDiscovery Is Hot and Accelerating – http://tinyurl.com/4ksjog9 (Sarah Rogers) […]