In 2021, CDS launched CDS Vision, proprietary dashboards designed to help users harness the full power of RelativityOne. Enjoy part 3 of our 3-part blog series on how CDS deploys data visualizations to empower clients to raise their eDiscovery game.
Thought Leadership and Industry Trends
Mastery over eDiscovery, the legal discovery process in which relevant electronically stored information is identified, preserved, collected, processed, reviewed and produced between parties in a legal proceeding, is becoming a crucial competency for the modern practice of law.
Data Intelligence in the context of eDiscovery can have many different meanings. Defined broadly, data intelligence is the quest to organize, analyze, understand, and transform raw data into a format that can tell a story and inform critical legal decision making.
When addressing document review in the Federal space, agencies can come up against serious challenges. From budgetary limitations to data security, ramping up a team of attorneys to review documents on a tight time frame and on projects with ever changing scope can seem like a daunting undertaking for stakeholders and contract officers alike.
The challenge for any legal professional approaching a complex discovery matter is to parse through the mountains of potentially relevant electronically stored information to gain insight and build a narrative that supports their arguments with evidence.
Highlights from LIBOR Summit 2020 – Online Edition – Litigation and Documentation: Updates to Guide Your Transition Planning
COVID-19 has not stopped the need to plan for the LIBOR transition. In fact, appropriate planning and action has become even more urgent. For this reason, CDS and Greenpoint Financial co-hosted the virtual event LIBOR Summit 2020 – Litigation and Documentation in April to bring together experts to provide updates and advice to organizations, regulators, and counsel.
Whether as a landlord, a lender, a manufacturer or a buyer, the upheaval in our lives caused by the COVID-19 pandemic has impacted the way we do business. What you may not be aware of is the impact it can have on your business contracts. Force majeure clauses, often considered to be standard boilerplate contract language, have not gotten much attention before now.
Relativity provides many helpful features that improve the eDiscovery review process, including Early Case Assessment and Data Analytics.
It is common for external factors such as new legal or business changes to affect an existing contract. A company using only a few standard contracts may not require much time to go through its contracts manually to address such issues. However, for companies with hundreds or thousands of contracts, substantial effort may be needed just to identify which contracts are impacted.
Redaction is one of the most time-consuming tasks in eDiscovery, requiring manual review of documents to black out sensitive information. However, technology tools do exist to make it easier. These are especially helpful with Excel spreadsheets, which are difficult to work with if converted into an image file. Redacting in native Excel is preferable but does present its own challenges if the right technology is not used.
Automation and artificial intelligence are continuing to bring significant improvements to the whole EDRM process – from information governance through collection, review and production.
A recent blog post posed the question “Have we lost the war on eDiscovery?” There may be an eDiscovery War, but from my perspective, we are fighting on the same side.