A Bold Assertion: eDiscovery Promises to Reduce Some Costs
August 1, 2012
Virtual Strategy Magazine recently wrote an article about “Quantum Discovery’s Predictive Coding Expertise Saves Client Over $1 Million in Attorney Review Fees.” Anyone who saw the headline would immediately click on it, wondering how they could save money with their attorney. Quantum Discovery, a top eDiscovery and forensic technology provider, was hired by a Top 100 Law Firm to analyze a 415GB dataset, containing 2 million records. After preliminary work, Quantum Discovery realized the job was too big for the client’s budget, so they asked for help.
“Quantum Discovery suggested to the Litigation Support Manager and Joe Eaton, Partner and Vice Chairperson of the Litigation Department, that the case team should consider utilizing Lateral Data’s Viewpoint TAR (Technology Assisted Review). Due to recent court rulings and articles associated with the benefits and advantages of predictive coding, Mr. Eaton decided to proceed using TAR. ‘We were looking for ways to save our client money while providing an accurate and reliable document review in a short time frame and thought this new technology being utilized by Quantum may provide a favorable vehicle to do so,’ said Mr. Eaton.”
Teamed with Lateral Data, Quantum Discovery’s software provided the vehicle for a cost-effective solution. The client was not charged an exorbitant amount of money and the case was resolved in a timely manner, relatively unheard of in the court system. On the surface, eDiscovery appears to be a money saver. In today’s economic climate, any cost cutting assertion is likely to get broad consideration. Everyone needs to believe in the tooth fairie.
Stephen E Arnold, August 1, 2012