As you may have seen, recently the U.S. Justice Department approved a request to use predictive coding eDiscovery software, to sort through documents in the merger of Anheuser-Busch InBev and Grupo Modelo. Typically, cases as large as these require legal counsel to sift through millions of electronic documents in search of relevant information—an endeavor that is not only time consuming, but extremely expensive.
But innovative eDiscovery software has now reached a level of sophistication whereby computers can be trained to hunt for concepts the same way human lawyers do.
In the Anheuser-Busch case, the opposing sides discovered hundreds of thousands of documents using eDiscovery software—and spent 50% less than they would have using traditional methods. (And when 50% equates to a few million dollars—it’s easily enough to turn the heads of government agencies, their IT departments, and their legal counsel.)
Having given predictive coding...