Ediscovery 2014 Mid-Year Review: What's Trending Now
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Transcript of Ediscovery 2014 Mid-Year Review: What's Trending Now
#TRENDI
NG
NOW
#PredictiveCoding
#PortfolioManagement
#DataTriage
#InformationGovernance
#FRCP
Proprietary | Kroll Ontrack2
Kroll Ontrack: By the Numbers
Industry’s Leading Technology Assisted Review Functionality
Most Powerful Data Processing Platform
Expertise Stemming from Ediscovery’s Inception
Largest & Most Secure Data Center
Broad Global Reach and Language Experience
Deep Loyalty Among a Premier Client List
1+TB Processed
Daily
7kFile Types
20PB of Active Data
4Data Centers on Three
Continents
200+Fortune 500 Clients
90+AmLaw 100 Clients
140+Case Managers in
Every Major Geography
17+Years of Managing Ediscovery Matters
of All Sizes
30Locations
1.5mDocuments Reviewed by a Single Reviewer
14 Days
98% Projects Involving Multilingual Data
Proprietary | Kroll Ontrack3
What’s hot?
Proprietary | Kroll Ontrack
What’s hot in ediscovery?
Predictive Coding: Predictive Coding is being used on an increasing number of ediscovery projects
FRCP: US Civil Procedure Rules likely to change in 2015
Information Governance: Big data is king and causing struggle now more than ever for corporations
Portfolio Management: Ediscovery services and software being purchased at the portfolio level to curb costs
Data Triage: Downward cost pressures are driving new EDA and document review practices
Proprietary | Kroll Ontrack5
Predictive Coding
Predictive coding reduces litigation expenditures:
• Rapid adoption of Predictive Coding technology
• Plaintiffs getting more strategic, hiring their own experts and wanting to know the details of your review protocol
• Predictive Coding is being used on smaller matters (~20k docs)
Predictive Coding
Data Triage
Portfolio
Information Governance
TRENDING
FRCP
Predictive Coding is being used on an increasing number of ediscovery projects.
Proprietary | Kroll Ontrack6
Predictive Coding
Great resources:
• The Ultimate Guide: http://www.ediscovery.com/pulse/features/
• Case Study: http://www.ediscovery.com/cms/pdf/NewMexico_PC_CaseStudy_2014.pdf
Predictive Coding
Data Triage
Portfolio
Information Governance
TRENDING
FRCP
Ultimate predictive coding guide: Get it today!
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Data Triage
Searching strategies are shifting:
• EDA and review and merging together• Keyword searching is rarely used alone –
combined with analytics, predictive coding and sampling
• Deduplication patterns are broadening from custodian to project
• No more big document review
Predictive Coding
Data Triage
Portfolio
Information Governance
TRENDING
FRCP
Downward cost pressures are driving new EDA and document review practices.
Proprietary | Kroll Ontrack8
Portfolio
Predictive Coding
Data Triage
Portfolio
Information Governance
TRENDING
FRCP
Buying patterns are changing:
• Organizations are moving past budgeting for ediscovery based on fluctuating project-level costs
• For law firms and corporations: fixed-cost, subscription pricing models are desirable, focusing on capacity and duration
• With security concerns on the rise, outsourcing on the up-swing again
Ediscovery services and software being purchased at the portfolio level to curb costs.
Proprietary | Kroll Ontrack9
Information Governance
Predictive Coding
Data Triage
Portfolio
Information Governance
FRCP
TRENDING
The interplay of ESI and big data is still a conundrum:
• Identification of storage structure and “systems of record”
• Balancing analytics and document destruction
• Centralizing litigation hold, preservation and collection
• Applicability of predictive coding for IG
Big data is king and causing struggle now more than ever for corporations.
Proprietary | Kroll Ontrack10
FRCP
Predictive Coding
Data Triage
Portfolio
Information Governance
TRENDING
FRCP
Status• Current: Standing Committee approved
proposals in May• Next: Judicial Conference will consider
the proposals in September
Changes• Addresses Rules 1, 4, 16, 26, 30, 31, 33,
34, and a rewritten version of 37(e)• Proposed rule 37(e) (preservation) has
generated significant debate
US Civil Procedure Rules likely to change in 2015.