Extract from article by Dennis McCafferty
Anticipating that innovative smart technologies will significantly increase companies’ revenues over the next five years, the vast majority of organizations are adopting these solutions, according to a recent survey from Avanade. While its potential impact on ROI is astonishing, smart tech also promises to profoundly transform workplace cultures and staffing strategies, findings reveal. For example, a sizable share of companies will likely reorganize in the near future due to the growing presence of smart tech, and a significant number of jobs will have to be “repurposed.” Speaking to the latter, with machines picking up mundane tasks that employees now perform, hirers will seek job candidates who can demonstrate superior problem-solving and critical/analytical thinking skills.
Read the complete article at How Smart Technology Will Shake Up the Workplace
Taken from a combination of public market sizing estimations as shared in leading electronic discovery reports, publications and posts over time, the following eDiscovery Market Size Mashup shares general worldwide market sizing considerations for software and services in the electronic discovery market for the years between 2017 and 2022.
In navigating the glittering generalities presented by individuals and organizations seeking to influence eDiscovery software selection decisions, remember that there may be many right choices for your specific needs. Considering those choices through the lens of security, capability, complexity, and cost may help ensure that you not only make the right choice but make the best choice for your needs.
Packaged services may help legal technology providers bridge the gap between traditional hourly consulting offerings and fully managed services. They may also provide a strong opportunity to create additional sales entry points and potential new revenue streams by making access to current consulting offerings easier to understand, easier to evaluate, and easier to purchase.
An abridged look at the business of eDiscovery investments through the lens of organizations that have funded eDiscovery-related companies between 2009 and today.
The presented listing highlights key industry business moves by sharing the announcement date, acquired company, acquiring or investing company, and acquisition amount (if known) of significant eDiscovery-related mergers, acquisitions, and investments.
Ralph Losey’s TAR Course has a new class, the Seventeenth Class: Another “Player’s View” of the Workflow. Several other parts of the course have also been updated and edited. The TAR course now has eighteen classes.
With recent eDiscovery provider announcements that highlight the use of the terms “Continuous Active Learning” and “CAL”, provided below is a quick review and current update on Recommind’s (Recommind, Inc.) opposition to the trademark/service mark application by Maura Grossman and Gordan V. Cormack for trademarking CONTINUOUS ACTIVE LEARNING and CAL.
Special Master Maura Grossman recently issued an Order crafting a new validation protocol In Re Broiler Chicken Antitrust Litigation, (Jan. 3, 2018), which is currently pending in the Northern District of Illinois.
In each round of training, including the first, document reviewers are only looking at a few hundred, to at most, a few thousand documents. A typical complex project takes about ten rounds of machine training to complete by finding all of the relevant documents required.
In a monumental study, Fernández-Delgado and colleagues tested 179 machine learning categorizers on 121 data sets. They found that a large majority of them, were essentially identical in their accuracy.
This CLE-approved webcast session takes a look at the history of the development of standards and highlights specific issues of importance regarding eDiscovery in criminal matters.
This CLE-approved webcast session will cover how data privacy requirements have evolved over time, the parameters associated with the GDPR, what they mean to your organization and what steps your organization needs to take to ensure compliance with the GDPR.
This CLE-approved webcast covers 2017 case law decisions covered by the eDiscovery Daily blog and what the legal profession can learn from those rulings.
This CLE-approved webcast discusses examples of recent eDiscovery disasters and highlights the common characteristics of those disasters.
The recent eDiscovery failures at Wells Fargo and at the Department of Justice show that eDiscovery mistakes and failures happen even at the largest corporations and government agencies. This CLE-approved webcast will discuss the various issues that occurred in these high-profile cases and what to do to avoid them in your own cases.
About seven years ago, I e-mailed a hypothetical to colleagues seeking their advice about how to process and review an...
