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Upwards of 90% of all data has been created in the last two years alone, according to Aaron Pierce. The data statistics are staggering; the needle is the same size, but the haystack is getting bigger.
He presented a session at ILTACON that walked attendees through two tools our company provides in support of early case assessment: the Early Data Analyzer and LAW PreDiscovery® tools. Software updates to these products that enhance searching and reporting were released in May 2015.
We caught up with Mr. Pierce following his session to drill down with a few questions following his session. A video of the interview is posted nearby.
What are these tools?
The Early Data Analyzer (EDA) product is a high speed processing and culling tool allows litigation support to take eDiscovery data and cull it down before moving onto the next step, such as processing or production. The LAW PreDiscovery tool provides value on the production side of eDiscovery.
Why is early case assessment important?
Early case assessment (ECA) is a category of tools provides an earlier look at the data. There’s pressure from attorneys to understand the facts of the case sooner. Early cases assessment gives litigation support and attorneys a chance to collaborate on eDiscovery data sooner.
What are the benefits?
In short, cost savings and efficiency. ECA enables corporate counsel to tackle more work in-house and take on larger cases with bigger data sets. For law firms, it provides an earlier look a the data and will save some time down the road by reducing the data sample to just what is needed for the case. As MarketWatch wrote in an eDiscovery article earlier this year:
“Reduce data as much as you can before you turn it over, because that is where you’re going to keep your costs down.”
New! Are you in New York? Attend this CLE Seminar: Building an eDiscovery Plan on a Budget: Tips to Quash the Cost of eDiscovery with Craig Ball
September 9, 2015 from 11:30 a.m. to 1:30 p.m. at the New York Marriott East Side
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