Tuesday, August 23, 2011

From the Experts: Document Review with No Pain, All Gain

Text analytics increases review speed, reduces costs, and improves quality

It is said that document review costs are "the forgotten 80 percent." This implies that a strategy to accelerate and organize the actual document review should be contemplated up front, prior to review, and not forgotten until the end.

For projects of any size, document review costs share a direct correlation with volume of information, as more data requires more hours to locate the important, relevant documents. Additionally, human document review is not a process that benefits from economies of scale when data is not strategically organized. Using technology specifically designed to organize documents, combined with a sound review workflow, reduces review costs and compresses the time needed for review.

Text analytics search technology enables smarter review strategies that improve both the speed and quality of the expensive review process. This search technology, which evaluates unstructured text, enables users to automatically group documents into conceptually related subsets. Using text analytics to structure a review allows litigation professionals to significantly reduce discovery costs by increasing review speeds.

Basic Linear Review vs. Text Analytics


Case teams navigate data sets in a linear review by reading each document in order, often by date or control number. Reviewers move through the collection of documents one at a time, identifying responsive documents interspersed with non-responsive ones.

To Continue Reading: Click Here
--------------------------------------
Source: law.com
By: Jay Lieb

0 comments: