http://ow.ly/9dMqA
An article by Esther Shein posted on the networkcomputing.com website.
This article discusses eDiscovery costs, and technology trends that are being observed by service providers.
The article states, "The good news is companies are becoming increasingly familiar with predictive coding, but the more unsettling news is they are facing up to $20 million in annual e-discovery expenses. According to the third annual study of streamlining and reducing the cost of e-discovery on inside counsel at mostly Fortune 1000 companies, 81% of respondents are familiar with predictive coding to determine whether a document is appropriate to include in a case, states legal industry analyst Ari Kaplan, who conducted the study in tandem with e-discovery provider FTI Technology. Predictive coding is an algorithm that provides the ability to review documents combining artificial intelligence with a lawyer's input."
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