Thought Leadership and Industry Trends
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.
Traditionally, document review has been conducted by team of reviewers working together in the same location. Since the review is done electronically, it opens the possibility for virtual or remote review, with people working in different locations.
As companies struggle to find the best tools for information management, the most effective technology is now coming from a new source – eDiscovery service providers…The key issue for companies is to deploy a solution that combines a powerful technology platform with the in-depth expertise of lawyer-technologists who know how to leverage its value.
In this week’s blog post, CDS’s Steve Wang explains how HR teams in the eDiscovery world can optimize workflow and cut down on costs by outsourcing document review to a single team.
As eDiscovery becomes increasingly complex, it requires those handling the collection and review process to have expertise in multiple areas of technology and the law. Vast quantities of data and new data types means eDiscovery team members need to work together more than ever before.
On large, time-consuming projects, a kick-off call is a great way of investing a small amount of time upfront to save energy long-term.
Quality control in eDiscovery is a time consuming process, but with new technology to visualize data, companies are saving time and money.
