The normally tepid e-discovery world felt a little extra heat of competition yesterday. Recommind, one of the larger e-discovery vendors, announced Wednesday that it was issued a patent on predictive coding (which Gabe Acevedo, writing in these pages, named the Big Legal Technology Buzzword of 2011).
In a nutshell, predictive coding is a relatively new technology that allows large chunks of document review to be automated, a.k.a. done mostly by computers, with less need for human management.
Some of Recommind’s competitors were not happy about the news. See how they responded (grumpily), and check out what Recommind’s General Counsel had to say about what this means for everyone who uses e-discovery products….
Predictive coding has received a lot of coverage recently as a new way to save buckets of money during document review (a seriously expensive endeavor, for anyone who just returned to Earth).
At least one source has said it could save 45 to 70 percent of normal review costs. The New York Times published a moderately melodramatic story about new e-discovery technologies (though it doesn’t explicitly reference predictive coding) and how they are stealing real attorney jobs and replacing them with Watson.
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Source: abovethelaw.com
By: Christopher Danzig
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