In the legal world, discovery is a process where each side gathers evidence to support their case. It can be time-consuming and expensive, especially if you are not using the latest technology. With AI software like eDiscovery AI and advanced analytics, it is now possible to quickly uncover pertinent information while leveraging predictive data. It provides more accurate results and streamlines the process faster than manual methods.
Many eDiscovery solutions now come with AI-driven automation and analytics capabilities. It allows you to quickly identify critical documents and evidence that could affect the outcome of your case. Software with AI can scan vast amounts of data and generate more accurate insights. With the help of advanced analytics, eDiscovery software can accurately categorize documents, break down complex data sets into manageable chunks, and even predict outcomes based on trends.
So how exactly can a AI software like eDiscovery AI and advanced analytics help streamline your legal discovery process? Here are some ways:
1. Automated Coding:
Whether dealing with an extensive document collection or small data sets, automated coding can help save you time and resources. Automated coding quickly tags documents with relevant keywords to search and categorize them. It helps reduce the time required to review large amounts of data and makes the review process more efficient and accurate.
In addition, some tools also offer the ability to apply predictive coding technology, which can help narrow down search results based on relevancy and accuracy. It allows attorneys to identify and review the most relevant and essential documents quickly.
2. Natural Language Processing (NLP):
NLP is an AI-based technology that helps you quickly identify and classify documents more efficiently than manual approaches. It also helps reduce the cost of document review since it eliminates the need for costly human resources to review every single item manually. NLP is beneficial when dealing with unstructured data sets, such as emails or text messages.
For instance, NLP can identify patterns within unstructured data, such as keywords, topics, and concepts. It helps you quickly determine which documents are relevant to your legal case and allows you to focus on only those items for review.
3. Predictive Coding:
Have you ever heard of something called predictive coding? It’s an artificial intelligence (AI) tool that helps to streamline the legal discovery process by automatically identifying relevant documents for review. Predictive coding algorithms are trained to recognize and prioritize information from an extensive data set based on predetermined criteria. As such, it can reduce the time and cost associated with identifying and reviewing potentially relevant documents.
The most effective way to use predictive coding is to combine it with human review. While AI tools can help identify the majority of pertinent information, a lawyer or paralegal should still manually review the documents identified as highly relevant by the algorithm. This additional layer of review will ensure that all relevant documents are accounted for and that nothing gets overlooked.
4. Automated Redaction:
Finally, automated redaction is another AI tool that can help streamline the legal discovery process. Automated redaction helps you quickly identify and remove confidential or sensitive data from documents before they are shared with external parties. It reduces the risk of inadvertent disclosure of private or confidential information, which can result in serious legal repercussions.
By leveraging advanced analytics and AI technologies, lawyers can effectively streamline their legal discovery process to ensure that they can quickly identify and review the relevant information. Doing so will save valuable time and resources while ensuring the accuracy, compliance, and privacy of sensitive data.